Rockfire Resources Share Discussion Threads

[cf456] 11/10/2018 19:41

US Gold juniors making a strong move up too. Could be the start of a recovery in the sector.

[mr roper] 09/10/2018 20:43

And a ripper, Mello


Can’t believe he’s only 23!

[cpap man] 09/10/2018 10:33

9 October 2018

Rockfire Resources plc

("ROCK" or "the Company")



IP data highlights strong target at Copperhead

The Board of Rockfire Resources plc (LON: ROCK), is pleased to inform shareholders that the Company's technical team has located historical geophysical data which identifies a very strong Induced Polarisation (IP) Chargeable anomaly at Copperhead in Queensland, Australia. The discovery of this historical data saves the Company significant cost and time and enables ROCK to proceed directly to deeper-penetrating geophysics to test responses at depth.





· Data from a 1972 Induced Polarisation geophysics survey has recently been located;



· An extensive Chargeable anomaly up to 48 millivolts/volt (mV/V) is considered strongly anomalous;



· This anomaly is four times stronger than that identified at the Marengo Project in May 2018;



· The chargeable anomaly appears to strengthen towards the west and signifies an extension to the Copperhead target of more than 500m;



· The IP correlates well with the +300ppm copper-in-soil anomaly;



· The Copperhead tenement boundary lies a further 5km away from the IP anomaly, providing abundant opportunity to grow the copper resource on the Company's tenement;



· Based on this data, Rockfire plans to proceed directly to dipole-dipole IP which will provide a third dimension to the geophysical understanding and help to produce a target in 3-dimensions;



· Meanwhile, drilling results are awaited from September 2018 drilling at Marengo, Queensland.





A link is provided below which shows the magntitude and extent of the Chargeable anomaly at Copperhead.











Chief Executive Officer of Rockfire, David Price commented:



"The discovery of this old data saves an enormous amount of money and time for the company and provides excellent geophysical data. The data is of high quality and has been put into digital format from hand-drawn contours. Copperhead has 5 diamond drill holes which have all intersected broad copper values over several hundred metres depth (with a maximum assay result of 2.81% Cu). This historical IP data extends the target zone by at least a further 500m along strike towards the northwest."

[detective1] 09/10/2018 10:24

"Meanwhile, drilling results are awaited from September 2018 drilling at Marengo, Queensland."Should be an easy multi bag when these are released.

[detective1] 09/10/2018 10:13

Great news. Onwards and upwards.

[cpap man] 08/10/2018 15:00

ROCK an' roll baby!

[mello_blewiskt88] 07/10/2018 19:19

Alice Coltrane - Turiya And Ramakrishna

[mello_blewiskt88] 07/10/2018 17:22

All day long Mr Roper, at least until my next door neighbor's bedtime :-)
Not getting much fun out of life at the mo, bloody back ache has returned again :(

[mr roper] 07/10/2018 10:43

One for a Sunday, mello

[cpap man] 07/10/2018 10:25

Would rather be in ROCK than a hard plaice!

[detective1] 05/10/2018 13:48

wouldn't want to be out over the weekend?

[2magpies] 05/10/2018 12:54

PJ has been buying.

[ic0gcds00] 05/10/2018 11:12

Try vrs its a company going places

[paleje] 03/10/2018 15:46

He's down to 13% now, chrisa, with Nicholas Walley not far behind and the Johnsons catching up, I don't think he's a threat.

[chrisa1] 03/10/2018 14:02

paleja/Geko
I agree its an old story, but it says he was founder and 20% shareholder in Papua Minning now Rockfire.

I cannot believe that he doesn't have some influence. My bigger concern is if a group of shareholders get together and between them they have 50%, then ordinary resolutions are certain to be passed, which may not be in the interests of the remainder of shareholders.
Just an observation...still watching

[paleje] 02/10/2018 18:54

David Price interview with proactive yesterday:-

[2magpies] 01/10/2018 15:17

Geko5trade

You're right about AIM.

Never an 'investment', but a gamble/bet, imo.
Rarely, it does come off, but almost never.

It's possible that the reason why resource minnows (that is those that claim to be 'resource' companies - but haven't found anything worthwhile yet) are failing to respond to, apparently positive, news, is that new 'punters' are not entering the market, and vast amjority of the (dwindling number) of the existing ones have been bitten 2 or 3 times too many to be taken in by the spiel any more.

ROCK will only 'rocket', if there actually is a huge find &/or they farm out the PNG licence, IMO.

[geko5trade] 01/10/2018 13:15

2magpies, but you've more or less described what these companies do. They acquire licenses and try to prove up resources to the point that they can hook the interest of a big fish. It is relatively high risk but they do sometimes succeed and the returns can be very high. If you want steady growth and dividends don't look to AIM.

[brahmsnliszt] 01/10/2018 12:25

just saw a headline that geoffrey hayes from rainbow had died and i wondered what the hell he played in rainbow .... looked it up and it was the kids programme