Aurox Resources Ltd - 5/09/2006

Tuesday, 12 September, 2006 - 22:00
Advises it has entered into a Heads of Agreement with Chengde Iron &Steel Group Co Ltd and China Metallurgical Group Corporation. The HoA outlines the principles for a joint venture in relation to the Balla Balla Vanadium and Iron Ore Projects in addition to proposed share placement, convertible note terms and product offtake arrangements.