Rockfire Resources PLC Drilling commences at the Plateau gold deposit (6611P)
October 11 2019 - 7:08AM
UK Regulatory
TIDMROCK
RNS Number : 6611P
Rockfire Resources PLC
11 October 2019
11 October 2019
Rockfire Resources plc
("Rockfire" or the "Company")
Drilling commences at the Plateau gold deposit
Rockfire Resources plc (LON: ROCK), the AIM-quoted gold and base
metal exploration company, is pleased to announce it has commenced
drilling at the Plateau gold deposit, North Queensland,
Australia.
The drilling aims to achieve the following:
-- To increase the confidence of the Inferred 1.15 Mt @ 1.1 g/t
Au for 40,400 ounces of gold, as announced on the 4 July 2019;
-- To extend the current resource;
-- To test new geological targets;
-- To test a geophysical anomaly identified by reprocessing historical geophysical data.
David Price, Chief Executive Officer of Rockfire, commented:
"We're excited to start drilling at Plateau as this presents a
great opportunity for Rockfire to potentially discover a very large
gold deposit. Plateau has similarities to the currently operational
Mt Wright gold mine (+1 Moz) which occurs approximately 50 km
northeast of Plateau. Mt Wright and Plateau are both breccia-hosted
gold deposits, with similar alteration and mineralisation
styles."
"We look forward to informing the market of our progress and
drilling results."
For further information on the Company, please visit
www.rockfireresources.com or contact the following:
Rockfire Resources plc info@rockfireresources.com
David Price, Chief Executive Officer
Allenby Capital Limited (Nominated Adviser) Tel:+44 (0) 20 3328 5656
John Depasquale / Asha Chotai
SI Capital Ltd (Broker) Tel: +44 (0)20 7374 2212
Nick Emerson
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DRLLFLFFKBFBFBE
(END) Dow Jones Newswires
October 11, 2019 08:08 ET (12:08 GMT)
Rockfire Resources (LSE:ROCK)
Historical Stock Chart
From Apr 2024 to May 2024
Rockfire Resources (LSE:ROCK)
Historical Stock Chart
From May 2023 to May 2024