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rox resources ltd (RXL) Details

Rox Resources Limited engages in the exploration and evaluation of mineral resources in Western Australia. It explores for gold, nickel, copper, cobalt, and platinum group elements. The company’s principal assets include 100% interests in the Fisher East Nickel project covering an area of approximately 350 square kilometers located in the North Eastern Goldfields region; the Mt Fisher Gold project covering an area of approximately 220 square kilometers situated in North Eastern Goldfields region; and the Collurabbie Gold-Nickel project comprising approximately 123 square kilometers located in the highly prospective North Eastern Goldfields region. The company is based in West Perth, Australia.

5 Employees
Last Reported Date: 09/13/18

rox resources ltd (RXL) Top Compensated Officers

Finance Director, Company Secretary & Directo...
Total Annual Compensation: A$198.8K
Compensation as of Fiscal Year 2018.
rox resources ltd
Rox Resources Limited Presents at RIU Sydney Resources Round-up, May-08-2019 11:30 AM

Rox Resources Limited Presents at RIU Sydney Resources Round-up, May-08-2019 11:30 AM. Venue: Sofitel Sydney Wentworth Hotel, Sydney, New South Wales, Australia. Speakers: Alexander Ross Passmore, CEO, MD & Director.

Rox Resources Limited Announces Board Changes

Rox Resources Limited announced the appointment of Mr. Alex Passmore as Managing Director (MD), with immediate effect. Mr. Passmore, Chief Executive Officer of Rox since the 1 February 2019, is a qualified geologist with extensive corporate experience. Mr. Passmore is an experienced corporate executive and since his appointment has sourced and negotiated the recent acquisition of the Youanmi Gold project and surrounding joint ventures. As advised to ASX on 29 November 2018, Rox's inaugural MD Mr. Ian Mulholland has retired as an Executive and Director of the company.

Rox Resources Limited Enters into Binding Term Sheet with Venus Metals Corporation Limited to Acquire Majority Position in the Youanmi Gold Mine

Rox Resources Limited announced it has entered into a binding Term Sheet with Venus Metals Corporation Limited under which Rox has the right to acquire a majority position in the Youanmi Gold Mine and to take on management/operatorship of the historic Youanmi Gold Mine (OYG Joint Venture). The Youanmi Gold Mine is currently held by Oz Youanmi Pty Ltd. ("OYG") and is on care and maintenance. VMC is a party to a Call Option Deed pursuant to which it has been granted the option to acquire all of the issued share capital in OYG on or before 30 June 2019. The Youanmi Gold Mine is located 480 km to the northeast of Perth, Western Australia. The project is accessed by the sealed Great Northern Highway for a distance of 418 km from Perth to Paynes Find and then for 150 km by the unsealed Paynes Find to Sandstone Road. The OYG Joint Venture area covers 65km 2, is circa 10km x 7km wide, and surrounds the Youanmi Gold Mine and nearby extensions. The VMC Joint Venture covers 302km 2 while the Youanmi Joint Venture area covers 270km2. The regional JVs extend the length of tenure to 40km of strike along the Youanmi Shear Zone.


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