The information contained within this
announcement is deemed by the Company to constitute inside
information pursuant to Article 7 of EU Regulation 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 as amended.
8 October
2024
Rockfire Resources plc
("Rockfire" or the
"Company")
Board
Change
Rockfire Resources plc (LON: ROCK), the base
metal, precious metal, and critical mineral exploration company,
announces that Thomas Geissler is stepping down from the Board of
the Company with effect from 15 October 2024.
Thomas joined the Board of the Company to
assist Rockfire in its aspiration to develop a revenue-generating
business. Following the announcement of a JORC Mineral Resource
upgrade of 500% at the Company's Molaoi zinc/silver/lead deposit in
Greece, the Board has elected to mainly focus its staff and
financial resources on the Molaoi project.
With this, Thomas acknowledges that the Company
already has quality leadership capability in the development of
mining projects. Thomas intends to pursue his other businesses
outside of mining. The Board wishes Thomas all the best for the
future and appreciates the assistance provided during his time with
Rockfire.
For further information on the
Company, please visit www.rockfireresources.com or
contact the following:
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Rockfire Resources plc:
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info@rockfire.co.uk
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David Price, Chief Executive
Officer
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Allenby Capital Limited (Nominated Adviser & Broker):
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Tel: +44 (0) 20 3328 5656
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John Depasquale / George Payne
(Corporate Finance)
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Guy McDougall / Kelly Gardiner
(Sales and Corporate Broking)
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Notes to Editors
Rockfire Resources plc (LON: ROCK)
is a mineral exploration and development company with a portfolio
of 100%-owned mineral projects including a high-grade zinc deposit
in Greece and gold and copper projects in Queensland
Australia.
·
The Molaoi deposit in Greece has a JORC resource
of 1,090,000 tonnes of zinc, 260,000 tonnes of lead and 19.1
million ounces of silver. The Molaoi
deposit in Greece has a JORC Inferred Mineral Resource of 15
million tonnes @ 7.26 % Zn,1.75 % Pb and 39.5 g/t Ag, for 1,500,000
tonnes of ZnEq. This resource uses a 4% low-grade cut, and equates
to 1,090,000 tonnes of zinc, 260,000 tonnes of lead and 19.1
million ounces of silver.
·
Molaoi also contains one of the world's
geologically rare critical metals, germanium. A preliminary
germanium quantity, which does not comply with the requirements of
the JORC Code has been calculated at 4.8 million tonnes @ 21.9 g/t
Ge (105,700 kilograms germanium)
·
The Plateau deposit in Queensland has a JORC
resource of 130,000 ounces of gold and 800,000 ounces of
silver.
·
The Copperhead deposit in Queensland has a JORC
resource of 80,000 tonnes of copper, 9,400 tonnes of molybdenum and
1.1 million ounces of silver.
