Rox Resources Ltd. provided an update on its strategy in relation to its substantial nickel assets located in Western Australia. The company owns the advanced Fisher East nickel deposits, is earning an interest in an exploration joint venture to the north of these deposits (Cullen JV), and also holds the Collurabbie nickel project located approximately 80km to the east of Fisher East. Fisher East is the asset in the package with a 78kt contained nickel metal resource and a scoping study having been last updated in 2018. Rox believes its nickel assets are significantly undervalued within the current company structure, and accordingly is pursuing a strategy to unlock the value of its nickel portfolio. Background on Rox's Fisher East Nickel Project: The company completed an updated Scoping Study on the Fisher East Nickel project in late 2018. This high-level study considered two primary development scenarios, first, building a stand-alone concentrator, and second, toll milling at a nearby operation. Under either scenario, the study demonstrated that the project had strong economic and technical credentials at a nickel price of USD 7.50/lb (current price is USD 8.50/lb). In addition, there would be significant upside to project economics with an increased resource base. Capital costs were relatively low, with competitive cash operating costs.