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Rox to proceed with purchase of Collurabbie Hills nickel project

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Rox to proceed with purchase of Collurabbie Hills nickel project

Rox Resources Ltd. said May 29 that it is able to proceed with the acquisition of the Collurabbie Hills nickel project in Western Australia, after a plaint by Baracus Pty. Ltd. over one of the tenements of the projects was dismissed.

The company will "in the next few days" pay A$25,000 in cash and 7.5 million Rox shares to Robo 3D, formerly Falcon Minerals Ltd., the vendor of the project.

Exploration work, including air-core drilling, is set to commence in the third quarter.