Rockfire Resources Share Discussion Threads

[2magpies] 01/10/2018 12:03

IMO, all this 'another licence' lark is getting a bit tedious, and counter productive - as shown in the sliding share price

As PML, they held licences (and still do) in hugely prospective PNG, and that came to absolutely -- nothing.

Are they just repeating the same game here?? Licence after licence, a bit of drill here, a bit there -- a few samples, and then... and then .......... another licence!!

Seems like the market is also getting fed up with it.

[geko5trade] 01/10/2018 10:13

I'd call that a very old story paleje. No relevance to the company's current strategy as demonstrated by today's announcement.

[paleje] 01/10/2018 08:49

chrisa1,

That's quite an old story from the Telegraph, he is a legacy shareholder admittedly substantially but not operationally involved. Historic misdeeds don't mean much in the market imo depending on their scale, most are guilty of them imo, just some get caught others don't:)

[cpap man] 01/10/2018 08:05

1st October 2018

Rockfire Resources plc

("ROCK" or "the Company")

Grant of New Licence Surrounding Mt Leyshon Mine

Rockfire Resources (LON: ROCK) is pleased to inform shareholders that the New Leyshon Exploration Permit to Mine (EPM26745 'New Leyshon') in Queensland, Australia has been granted to Rockfire through its 100%-owned subsidiary, BGM Investments Pty Ltd. The grant of New Leyshon results in Rockfire now surrounding Newmont's Mt Leyshon Gold Mine on three sides and adds significant exploration upside to Rockfire's portfolio of prospective ground-holding in a district which has produced more than 20 million ounces of gold.



Highlights:

· Rockfire now immediately surrounds Newmont's Mt Leyshon Gold Mine on three sides;



· Mt Leyshon has produced 2.5M ounces of gold and 2.3M ounces of silver;



· Faults believed to host gold at Mt Leyshon extend into Rockfire's tenement;



· New Leyshon adds a further 38 sq. kms of gold and copper prospectivity to the ROCK porfolio



· Licence granted to Rockfire for a 5-year period



The Queensland Government has granted Exploration Licence EPM26745 "New Leyshon" to Rockfire Resources, through it's wholly-owned Australian subsidiary for a period of 5 years. New Leyshon surrounds Newmont's Mt Leyshon Gold Mine on three sides and adds significant exploration prospectivity to the company's portfolio of valuable gold tenements in Queensland.

Chief Executive Officer of Rockfire, David Price commented:



"The grant of the New Leyshon licence endorses Rockfire's determined strategy of accumulating projects with low entry costs and is an important growth development for the Company".



"Our strategy of acquiring highly prospective opportunities in and around the Charters Towers region is being realised. New Leyshon opens up opportunities for gold and silver immediately surrounding a multi-million-ounce gold mine."



"Rockfire's geologists have identified several faults which extend from within the Mt Leyshon Mining Lease outwards and into Rockfire's recently-granted licence. We will be commencing low-cost surface geochemical surveys over this area soon as part of our initial exploration of New Leyshon. This provides a very exciting tenement for the company, with real opportunity to find extensions to the orebody at Mt Leyshon Mine."

[kirk 6] 01/10/2018 07:33

Rockfire Resources PLC Grant of New Licence Surrounding Mt Leyshon Mine

[mello_blewiskt88] 30/9/2018 16:21

in the same theme 9 This one popped up on my player last week, wasn't even aware that I had it.

I knew these people - Ry Cooder

[mello_blewiskt88] 30/9/2018 11:26

Cry me a river - Julie London (A forgotten classic imo, and I love forgotten stuff)

[blueball] 29/9/2018 09:28

Jefferson Airplane..Somebody to love.




Embryonic Journey by JA.

[mr roper] 28/9/2018 20:57

I have my ticket mello. Looking forward to it already!

[mello_blewiskt88] 28/9/2018 15:31

Thanks for that Mr Roper, it should be a cracker

[cpap man] 28/9/2018 09:41

So what part of K*nt are you from again?

[cpap man] 28/9/2018 09:33

Perhaps the start of a change in direction northwards again?

[cpap man] 28/9/2018 09:32

ROCK has just got a wee better hard!

[geko5trade] 27/9/2018 15:58

Sorry put this on the wrong thread and tried to delete but ADVFN system won't oblige. Paid them enough over the years so they ought to!