Red Rock Resources plc Update

RNS Number : 5891M

Red Rock Resources plc

18 November 2024

 

Red Rock Resources PLC

("Red Rock" or the "Company")

Update

 

18 November 2024

 

Red Rock Resources Plc, ("Red Rock" or "the Company"), the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons principally in Africa and Australia announces an update further to its announcement of 7^th October 2024.

Australia Gold Project

Further to the announcement of 7^th October 2024, Red Rock has an obligation to pay a post-completion  sum of £250,000 and some other amounts to be computed in respect of the purchase of the 49.9%.of the project not previously held. The payment was due within a sixty day cure period expiring today. Red Rock is finalising the terms of this payment and an announcement will be made shortly.

Burkina Faso Gold Project

Rob Billings has arrived in Ouagadougou with the initial gold prospecting, testing and production equipment

Red Rock Chairman Andrew Bell comments that: "We are pleased to have passed one long-awaited milestone with equipment and team safely arrived in Burkina Faso. We look forward to further important developments over the coming weeks."

 

For further information, please contact:

Andrew Bell 0207 747 9990                                                       Chairman Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396           NOMAD Beaumont Cornish Limited

Bob Roberts 0203 8696081                                                        Broker Clear Capital Corporate Broking

 

                                                             

 

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END

 

 

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