Rox maintains validity of Teck deal

Junior explorer Rox Resources said on Tuesday it would “strongly defend” any legal action by fellow-listed Marindi Metals, maintaining the validity of an agreement to sell its interest in the Reward project to Canadian miner Teck Resources. Marindi Metals on Monday warned of legal proceedings against Rox if the company did not complete the sale of its joint venture (JV) interest in the zinc and lead project, in the Northern Territory, to Marindi.