FXR - Fox Resources

Co Annct:
6 April 2005

SPECTACULAR DRILL INTERSECTION AT RUTH WELL

Fox Resources Limited (“Fox”) is pleased to announce a spectacular drill intersection of massive nickel sulphides in the first pass drill program of the newly acquired Ruth Well Mining Lease tenements (refer Table 1);

• 4 metres @ 5.9% Nickel, 8.1% Copper, 0.2% Cobalt from 50 metres;
RWRC210,
• including 1 metre @ 9.5% Nickel, 10.3% Copper, 0.3% Cobalt from 53
metres.

This high grade mineralisation is only 50 metres from surface and has the
potential to significantly increase the mine life of the Radio Hill mining operations.

The ore from Ruth Well would be carted to the Radio Hill treatment plant located only 13 kilometres away.

These nickel and copper grades at Ruth Well have substantially higher tenor
compared to Radio Hill, where the current mill feed is 2% nickel and 1.5%
copper.

A first pass Electromagnetic (“EM”) survey has now been completed at Ruth Well and a number of anomalies have been identified.

Drill testing of these EM anomalies and further drilling of the high grade
mineralisation at Ruth Well will commence later this month, targeting massive
nickel sulphide ore.

The drill rig is currently drilling massive nickel sulphide targets at Radio Hill. The exploration program is consistent with Fox’s strategy of aggressively exploring for massive nickel sulphides within the Radio Hill Nickel Province....

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blackdogsbarking said:

Details of the five simple steps to turn $0 into $20,000,000 in shares and cash.
The main two players being Brett Matich and Mik "MANY NAMES".

These two first became "totally welded at the hip" when they spent months together facing "drug running charges" of a very serious nature - of which they were found not guilty.

Since these exciting times the Matich team of Paul and Brett along with Mik "MANY NAMES" have controlled, by directorship and/or mind control, many A.S.X. listed companies including, but not restricted to, ACCLAIM, AZTEC, FOX, RANGE to name just a few. All were involved in the failed YANDAL float with their close friend Michael James Giovinazzo, who copped 18 years porridge for punting away the seed capital.

Also note, Matthew Lewis, a former director of Range Resources Ltd, an appointee of Mik "MANY NAMES", has re-surfaced in this latest "little number".

more

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