Share Name Share Symbol Market Type Share ISIN Share Description
Rockfire Resources Plc LSE:ROCK London Ordinary Share GB00B42TN250 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -5.19% 1.825 1.80 1.85 2.20 1.775 2.15 82,803,916 15:53:50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.6 -0.8 - 8

Rockfire Resources PLC Drilling commences at the Plateau gold deposit

11/10/2019 1:08pm

UK Regulatory (RNS & others)


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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.

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