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File: OXI - News Release July 30.doc
Oxford Resources Inc. # 810 - 789 West Pender Street Vancouver, British Columbia V6C 1H2
CORPORATE UPDATE
Vancouver, BC - July 30, 2014: Oxford Resources Inc. (OXI - TSX.V) ("Oxford" or the "Company") announces that it has s
--->ettled $30,357.60 in debt owed to a certain creditor of the Company by the issuance of 607,152 common shares at a deem
--->ed price of $0.05 per share with a hold period expiring November 25, 2014.
Additionally, the Company has recently converted it's 20% working interest in the Ike Property (formerly the Tasco pro
--->perty) which was recently optioned to Amarc Resources Ltd. to a 1% NSR for the payment of $50,000.00 received on June
--->4, 2014.
The Company intends to focus its efforts on a work program proposal from Apex on the Company's 100% owned Aley Creek N
--->iobium property.
About the Aley Creek niobium property
Oxford's Aley Creek property comprises eight mineral claims in two separate blocks (North and South) totalling over 3,
--->360 hectares within the Omineca mining division, approximately 140 kilometres north of Mackenzie, B.C., Canada.
The Aley carbonatite, which hosts Taseko's Aley niobium deposit, is associated with a prominent regional airborne magn
--->etic high anomaly within rocks of the Ordovician Kechika formation. Rock and soil samples collected by APEX during 201
--->3 encountered anomalous niobium values in Kechika formation rocks on the Aley Creek North claim block, indicating the
--->potential for rare earth element (REE) bearing lamprophyre and carbonatite occurrences within the property.
Within the Aley Creek South claim block, 6.5 kilometres south of Taseko's Aley niobium deposit, a distinct two-by-two-
--->kilometre magnetic anomaly occurs. Based on similarities between the Aley Creek South anomaly and the magnetic signatu
--->re of the Aley niobium deposit there is the potential for the existence of an undiscovered carbonatite intrusion withi
--->n Oxford's claims. Currently no carbonatite occurrences are known on the Aley Creek South claim block and no known sur
--->face geological work or diamond drilling has occurred within the claims.
APEX is currently in the process of planning a follow-up program including but not limited to, a detailed ground magne
--->tic survey to better define the geometry of the airborne anomaly, as well as follow-up rock and soil sampling, and geo
--->logical mapping to identify the presence of carbonatite dikes or fenitized host rock suggestive of a proximal carbonat
--->ite intrusion. Contingent on the results of the planned phase one exploration, diamond drill testing of the Aley Creek
---> South magnetic anomaly may be warranted.
ON BEHALF OF THE BOARD OF DIRECTORS
OXFORD RESOURCES INC.
Mitchell Adam
President, Director
Tel: 604-343-4546
mitch@mgacapital.net
www.oxfordres.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release.
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