MondayJul 09, 2007 5:15 am

Beacon Equity Research Features Rox Resources Ltd. (RXRS.PK) with Rating of “Speculative 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…

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ThursdayJul 05, 2007 4:46 pm

Beacon Equity Research Awards Rox Resources Ltd. (RXRS.PK) a $0.20 Target Price

Rox Resources is focused on acquiring Canadian mining properties and plans to explore for copper, zinc, gold and other valuable metals. The company’s main mineral property is the Fox Mine which is located in the Canadian province of Manitoba. Nearly 12 million tons grading 1.82% copper and 1.78% zinc were extracted from the Fox Mine between 1970 and 1985. Beacon Equity believes that the value of untapped mineral deposits associated with the Fox Mine could easily exceed $6 million and may approach $12 million. The government of Manitoba has issued legislation in the past which encourages the exploration and development…

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