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Rox exercises purchase option for 2 gold-nickel tenements in Western Australia

Rox Resources Ltd. exercised its option to purchase two tenements at its Fisher East nickel and Mount Fisher gold projects in Western Australia.

The company secured the option in December 2014 to buy the two tenements, which are located along strike to the south of known nickel and gold zones on existing tenements.

Rox will pay A$600,000 in cash to exercise the option, it said July 3.