Rox Resources Ltd.(fka RXRS)

[QualityStocks]

Rated "Specualtive Buy"; as Company Signs Letter of Intent

Beacon Equity Research Features Rox Resources Ltd. (RXRS.PK) with Rating of “Speculative Buy”; as Company Signs Letter of Intent. The Rox Resources Ltd. corporate mission is to acquire land claims with superior exploration potential and or past producing mining camps with above average economics.

Rox Resources Ltd. (RXRS.PK) recently reported that the Company has signed a Letter of Intent to acquire a 100% interest in The Fox Mine, located 44 kilometers southwest of the town of Lynn Lake, Manitoba at the terminus of highway PR391. The Fox Mine was in production during the period 1970-1985 (11 936 479 tonnes grading 1.82% copper and 1.78% zinc were milled).

Rox Resources Ltd. will initially acquire 9 claims or Fox 1 to 9 inclusive. This acquisition would represent a land package of approximately 8.2 square miles or 2,110 hectares.

The Fox Mine property is contained within the south limb of the Aphebian age Lynn Lake greenstone belt and is regionally metamorphosed to amphibolite facies.

The Fox ore body is a volcanogenic massive sulphide deposit, and is comprised of two discrete lenses-each within its own stockwork zone.

The ore lenses show conventional metal zonation with zinc sulphides lying stratigraphically above copper sylphides. Proximity to ore is indicated by pronounced geochemical enrichment and depletion trends. Little drilling has ever been done at depth and represents potential.

"Please see the disclaimers on the QualityStocks.net website."