RXL 3.23% 15.0¢ rox resources limited

Ann: Exploration Update, page-11

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  1. 1,084 Posts.
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    a snippet from DRM quality

    Mt Fisher Farm-in Agreement (Doray earning in from Rox Resources Ltd (100%) (ASX:RXL)) During the Quarter, Doray commenced a regional aircore drilling programme at Mt Fisher. Drilling was based on targets generated from an ongoing review of historical exploration data, field inspections and the results of the ground gravity survey completed by Doray in 2016. Drilling is targeting indications for large, gold mineralised systems that could potentially host orebodies suitable for a standalone gold operation. A total of 83 holes for 4,669m of aircore drilling was completed. Drilling was interrupted by heavy rainfall during the Quarter, and was still ongoing at the end of the March Quarter.

    but their share still dipping, started on dipping about the same time as the farm-in agreement was agreed to, but it is still drilling being down so their's light at the end of the tunnel
 
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