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ROCK Rockfire Resources Plc

0.1075
0.00 (0.00%)
15 Nov 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 0.1075 1,021,989 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.105 0.11 0.1075 0.1075 0.1075
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec -1.79M -0.0006 -1.83 3.32M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:45:04 O 990,909 0.105 GBX

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Date Time Title Posts
18/11/202400:08ROCKFIRE 2024 GLOBALLY SIGNIFICANT DEPOSIT29
17/11/202414:07Quality rock rock/classical music board3,430
06/9/202414:07Rockfire Resources3,594
04/9/202408:35ROCKFIRE 2024 GLOBALLY SIGNIFCANT DEPOSIT1
06/4/202319:18ROCK Projects and Sunshine JV9

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Posted at 17/11/2024 08:20 by Rockfire Resources Daily Update
Rockfire Resources Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker ROCK. The last closing price for Rockfire Resources was 0.11p.
Rockfire Resources currently has 3,087,620,625 shares in issue. The market capitalisation of Rockfire Resources is £3,396,383.
Rockfire Resources has a price to earnings ratio (PE ratio) of -1.83.
This morning ROCK shares opened at 0.11p
Posted at 06/9/2024 14:44 by 2magpies
The only 'deposit' ROCK (all the way from its Papua Mining 'PML' days) has ever kept an eye on was the $$$ in its deposit account!

I would be amazed if a chunky fundraise does not land any day.

First it was super-massive copper what-have-you in Papua New Guinea, then it was untold Oz of Au in Outback-faraway, and now it Geraniums (opps, sorry, ... Germaaiiniumm) in Greece.

What next? Goblins in Greenland??

I reckon, all told, PML/ROCK has raised well over £30m over the years!


And to show for it??

Well ......... hmmm ............ yes..... exactly!
Posted at 05/9/2024 10:32 by manual dexterity
Rockfire Resources – Exceptional Resource Upgrade

Earlier this week AIM-listed @Rockfireplc announced an impressive 500% increase in its resource estimate at its 100%-owned Molaoi Zinc-Lead-Silver-Germanium Deposit, located in Greece.

This dramatic increase in the scale of the project has seen Rockfire’s share price rise by 50%, however, the company’s market cap stands at a paltry £6 million.
Background

In May 2022, Rockfire established a resource estimate of 250,000 tonnes of contained zinc equivalent. Continued expansion drilling over this intervening period has culminated in this week's updated resource estimate of 15 Mt at a grade of 9.96 zinc equivalent for 1.5 Mt of contained zinc, of which 1.35 Mt is contained within sulphide.
Gold Equivalent

If Molaoi were a gold deposit instead of a zinc deposit, the company would have just increased the size of the deposit from 286,000 ounces of gold (Eq) to a deposit that contains 1.6 million ounces of gold (Eq) in the sulphide.

The above figures are based on a gold equivalent calculation using the current zinc and gold prices of US$2,846/t and US$2,488/oz, respectively.

Could you find a listed company that had defined 1.6 Moz of gold, less than 400 meters from the surface, at a gold equivalent grade of 3.9 g/t with a market value under £6 million. I do not think so.

But that is just the proposition that Rockfire now poses.

Ref: Dr Ryan Long
Posted at 05/9/2024 10:22 by jlondon
Dr Ryan Long has just put out his note. It is on Twitter.
Dr Long was the Head of Edison Research but now set up his own mining analyst firm. It is also on the other forum at ROCK. 5.9.24.
Posted at 05/9/2024 00:43 by jlondon
---------Rockfire Resources: "ALLENBY fair value 2.6p/sh"----------
"Estimates 1 of the world's Top 20 undeveloped zince prospects. Only 2.1km of the 7km potential strike tested. High recovery rates. Share price 0.225p."- UK Investor Magazine, 4.9.24

hxxps://x.com/UKInvestorMAG/status/1831287783345811523 4.9.24
See the rest of the Allenby note from UK Investor Mag. 2.6p vs 0.225p=10x plus [above].
Posted at 04/9/2024 12:04 by manual dexterity
Rockfire Resources PLC (LSE:ROCK) shares soared 27% after announcing a big upgrade to its mineral resource for the Molaoi zinc-silver-lead project in Greece.

It increased by 500% to 15.0 million tonnes with grades of 7.26% zinc, 1.75% lead, and 39.5 g/t silver, translating to a zinc equivalent of 9.96%. This figure includes 1.09 million tonnes of zinc, 260,000 tonnes of lead, and 19.1 million ounces of silver.

Additionally, the deposit contains germanium, a geologically rare metal, with a quantity of 105,700 kilograms at a grade of 21.9 g/t.

This metal, currently priced at $3,681 per kilogram, adds a potentially valuable component to any future zinc production from the Molaoi site.

Rockfire highlighted that the upgrade puts Molaoi among the top 20 undeveloped global zinc deposits in terms of tonnage, grade, and zinc equivalent metal content.

It noted that the deposit's full potential has yet to be fully explored, with 2.1 km of a possible 7 km strike included in the current resource model.

"Expanding the Molaoi resource to become such a globally significant deposit with more than 1 million tonnes of zinc, is testimony to the tenacity, hard work and sound geological understanding of, and application by our technical team,” chief executive David Price said in a statement.
Posted at 04/9/2024 11:59 by pinkdiamondlover
500% increase in resource announced today from ROCK
Posted at 04/9/2024 06:39 by tomboyb
David Price, Chief Executive Officer of Rockfire, commented:


"Expanding the Molaoi resource to become such a globally significant deposit with more than 1 million tonnes of zinc, is testimony to the tenacity, hard work and sound geological understanding of, and application by our technical team."

"Our maiden JORC resource in 2022 was established on a geological model of a single main zinc lode. At that time, three other lodes were identified but not included in the Maiden resource due to a lack of modern drilling evidence for the verification of these additional lodes."

"Following the last three drilling phases completed by Rockfire, far more geological, structural and geochemical information has become available and a total of 23 lodes have so far been identified. This identification has been aided significantly by the acquisition and deployment of our new portable X-Ray Florescence ("pXRF") analyzer."

"Management has always considered Molaoi to be an outstanding base metal project, however, this updated Resource has far exceeded our expectations. There remains material upside potential for further expansion of the Resource at Molaoi, with 5.5 km of known zinc occurrences outside the upgraded Resource limits. Drilling results along this 5.5 km from drilling during the 1980's include:

· 7.0 m @ 10.2 % Zn (Stavros Prospect)

· 3.0 m @ 6.7 % Zn (Gkagkania Prospect)

· 3.0 m @ 8.4 % Zn (Fournos Prospect)

· 0.5 m @ 27.3 % Zn (Agio Eustratios Prospect)

"In addition to extending the zinc north and south, significant upside also exists at depth, and by drilling out the 23 identified lodes both east and west to their full extent."

"Our goal now will be to move as many zinc tonnes into the "Indicated" category of the JORC Code, for input to a Scoping Study of mining and processing options. Several important drill holes will be required to close drilling gaps on a number of drill lines."

"Molaoi is tracking well towards becoming a world-class zinc deposit. More work is required to get the project to that status, however our team knows how to deliver such results. We are looking forward to bringing regular updates to the market on what is quickly becoming a significant deposit on a global scale."
Posted at 04/9/2024 06:22 by tomboyb
4 September 2024

Rockfire Resources plc

("Rockfire" or the "Company")

500% increase in Resource at Molaoi

Molaoi now in top 20 undeveloped global zinc deposits



Rockfire Resources plc (Rockfire, LON: ROCK), the base metal, precious metal and critical mineral exploration company, is pleased to announce a JORC Mineral Resource upgrade of 500% at the Molaoi zinc/silver/lead deposit in Greece.



The updated JORC Resource is 500% larger than the Maiden Resource announced in May 2022 (refer to Rockfire RNS 23 May 2022). This new Resource has surpassed all expectations and places Molaoi within the top 20 undeveloped zinc resources globally in terms of tonnage, grade and zinc equivalent metal content.



Molaoi is in the Peloponnese Region of Greece and is held 100% by Hellenic Minerals SA (Hellenic), which in turn is a 100% subsidiary of Rockfire. The Resource is reported in accordance with the Joint Ore Reserve Committee ("JORC") Australasian Code (2012) for Reporting of Exploration Results, Mineral Resources and Ore Reserves.



Highlights

· The Inferred JORC Resource estimation for Molaoi is:



15.0 million tonnes @ 7.26 % Zn, 1.75 % Pb and 39.5 g/t Ag

(9.96 % zinc equivalent)



· Molaoi contains 1,090,000 tonnes of zinc, 260,000 tonnes of lead, and 19.1 million ounces of silver.



· This Resource equates to 1,500,000 tonnes of zinc equivalent metal content, with zinc currently trading at US$2,881 per tonne.



· 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)



· Germanium is currently selling for US$3,681 per kilogram and represents a potentially valuable by-product of any future zinc production from Molaoi.



· A low-grade cut-off of 4 % for Zn has been used in the Resource estimate.



· The overall average width of all lodes throughout the resource is 4.1 m, with widths varying from 0.2 m to more than 20 m.



· Only 2.1 km of a potential strike extent of 7 km has been included in the Resource and mineralisation remains open at depth and along strike to the north and south.



· In the 2022 Maiden Resource estimate, 4 parallel mineralised lodes had been identified. A revised geological and mineralisation model has now identified 23 sub-parallel, north/south-striking, east-dipping lodes, with 18 of these lodes modelled. More lodes are yet to be tested both east and west.



· Owing to scheduling cut-offs, recent Rockfire drill holes HMO-005, HMO-006 and HMO-007 are not included in this resource estimate and are expected to increase the resource further.

o HMO-005 intersected 1.7 m @ 11.5% ZnEq.

o HMO-006 intersected 1.5 m @ 3.2 % ZnEq.

o HMO-007 intersected 2.0 m @ 14.3 % ZnEq.



· Metallurgical flotation test work completed in 1984 resulted in 96 % zinc recovery, 92 % lead recovery and 91 % silver recovery into a bulk concentrate. These recovery factors prove that the mineralisation at Molaoi is highly recoverable.



· The following figures show a typical E/W cross-section and a typical N/S long section. Individual zinc lodes are shaded different colours.
Posted at 26/5/2023 07:30 by tomboyb
Rockfire Resources PLC Zinc grades from drilling at Molaoi
26/05/2023 8:19am
UK Regulatory (RNS & others)

Rockfire Resources (LSE:ROCK)
Intraday Stock Chart

Friday 26 May 2023

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TIDMROCK

RNS Number : 7959A

Rockfire Resources PLC

26 May 2023

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 .

26 May 2023

Rockfire Resources plc

("Rockfire" or the "Company")

Record-breaking zinc grades from drilling at Molaoi

Rockfire Resources plc (LON: ROCK), the base metal, gold and critical mineral exploration company, is pleased to announce that the Company's geotechnical drilling programme at the Molaoi zinc deposit in Greece has intersected the highest zinc grades ever encountered at Molaoi.

Highlights

-- An interval of 0.2m grading 50.8% Zn has been returned from drill hole MO_GTK_003A at 142.7m depth. This result is immediately followed by an interval of 0.7m grading 43.2% Zn.

-- This lens of record-breaking grade averages 36% ZnEq. over a 1.42m total length (127.5g/t Ag, 2.7% Pb, 33.6% Zn) and represents the highest grades encountered at Molaoi so far, from 180 drill holes already drilled.

-- The interval quoted above, occurs within a broader, high-grade zone of 4.85m @ 14.6% ZnEq. (58.3g/t Ag, 1.9%Pb, 12.97% Zn).

-- A lower, footwall lode was encountered from 150.5m depth, which grades 11.7% ZnEq. over a width of 2.5m (49.1g/t Ag, 1.6% Pb, 10.2% Zn).

-- MO_GTK_003A has a continuous zinc lode interval of 11.3m @ 9.2% ZnEq. commencing from 141.7m depth (37.3g/t Ag, 1.2%Pb 8.1% Zn).

-- Individual peak silver values are up to 158g/t Ag.
-- Individual peak lead values are up to 3.7% Pb.
-- MO_GTK_003A was drilled halfway between historical drill holes and proves the continuity of zinc mineralisation. These assay results suggest that when infill drilling commences, the overall average grade of the deposit may increase. 180 diamond drill holes have been drilled at Molaoi.

-- Zinc/lead/silver mineralisation continues to be encountered in the projected positions as identified from the historical drilling by the Greek Government.

-- Germanium values remain low, suggesting that germanium may be concentrated in a particular part of the resource, or controlled by structures or preferential lithology. More drilling is required to determine the precise association between zinc and germanium.

-- The geotechnical drilling programme has concluded for now and assay results are awaited for the remaining four holes completed. Core from the fourth drill hole has been sent to the laboratory.

-- The Company will continue to keep the market informed over the coming months, with on-going analytical results pending.

David Price, Chief Executive Officer of Rockfire, commented:

"These spectacular assay results highlight the quality of the Molaoi deposit. Results from our geotechnical drilling continue to confirm the continuity of mineralisation throughout the length of the deposit. As holes are being drilled between historical holes, the high grades being encountered may enhance the overall average grade of the resource.

"Rockfire is committed to proceeding as quickly as possible towards a resource upgrade and to commence feasibility studies at the commencement of 2024. The market will continue to be informed of our very successful progress at Molaoi, including assay results as they are received and the advancement of our geotechnical studies."


Drill Hole RL Depth
ID UTM E UTM N m m Azim Dip
------------- ---------- ----------- ------- ------- ----- ----
MO_GTK_001 665401.54 4077605.44 151.82 201.80 268 -82
MO_GTK_002 665401.55 4077604.77 153.46 150.00 268 -60
MO_GTK_003A 665383.35 4077494.10 148.13 200.00 268 -85
MO_GTK_004 665383.01 4077493.43 149.57 156.90 268 -60
MO_GTK_005 665361.97 4077667.27 159.12 122.30 270 -80
MO_GTK_006 665360.59 4077669.68 159.04 99.30 270 -60
MO_GTK_007 665363.95 4077229.68 161.60 152.30 270 -80

For further information on the Company, please visit www.rockfireresources.com or contact the following:


Rockfire Resources plc : info@rockfire.co.uk
David Price, Chief Executive Officer

Allenby Capital Limited (Nominated Adviser Tel: +44 (0) 20
& Broker): 3328 5656
John Depasquale / George Payne (Corporate
Finance)
Matt Butlin / Kelly Gardner (Sales and
Corporate Broking)

Qualified Person Statement

The technical information in this announcement is based on information compiled by Mr David Price, the Chief Executive Officer of Rockfire Resources plc, who is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). Mr Price has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which has been undertaken to qualify as a "Qualified Person" in accordance with the AIM Rules Guidance Note for Mining and Oil & Gas Companies. Mr Price consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.

Notes to Editors

Rockfire Resources plc (LON: ROCK) is a gold, base metal and critical mineral exploration company, with a portfolio of gold/copper/silver projects in Queensland Australia and a high-grade zinc/lead/silver/germanium deposit in Greece.

-- The Molaoi deposit in Greece has a JORC resource of 210,000 tonnes of zinc, 39,000 tonnes of lead and 3.5 million ounces of silver, using a 4% Zn cut off.

-- The Plateau deposit in Queensland has a JORC resource of 131,000 ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off. 53,000 of these ounces lie within the top 100m from surface.

-- 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, using a 0.13% CuEq. cut off.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DRLFIFLDEEIRFIV
Posted at 29/3/2021 09:51 by johncasey
Rockfire Resources PLC Rock assays confirm & expand Plateau gold targets
29/03/2021 10:16am
UK Regulatory (RNS & others)

Rockfire Resources (LSE:ROCK)
Intraday Stock Chart

Monday 29 March 2021

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TIDMROCK

RNS Number : 7905T

Rockfire Resources PLC

29 March 2021

29 March 2021

Rockfire Resources plc

("Rockfire" or the "Company")

Rock assays confirm and expand gold targets at Plateau

Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce that high-grade rock assay results have expanded numerous targets at the Company's 100%-owned Plateau Gold Deposit in North Queensland, Australia .

Highlights:

-- Rock chip sampling, comprising 34 samples, and geological mapping have been completed over several high priority target areas surrounding Plateau.

-- Rock chip sampling at the "Northwest Breccia" at the Plateau gold deposit has returned high grade results up to 16.8 g/t Au and 50.4 g/t Ag.

-- Rock chip sampling at the "Northern Breccia", which lies 250 m north of the Eastern Breccia JORC gold resource, has returned results up to 1.89 g/t Au and 24.2 g/t Ag.

-- The "Northern Breccia" is also strongly anomalous in zinc, with one value of 0.66 % Zn returned, along with a further six rock samples returning zinc above 0.1 % Zn.

-- A preliminary scoping study for Plateau remains in progress, with initial recommendations expected shortly. The central purpose of the study is to identify additional work required to steer the project through a logical and systematic advanced exploration phase.

-- A high-resolution ground magnetic survey is currently in progress at Plateau. This survey covers the two JORC resources at the Central and Eastern Breccias, as well as the Northwest and Northeast Breccias.

-- Work planned at Plateau over the next six months includes:
-- A gravity survey to define deep targets at the Central Breccia.

-- Infill and extension drilling at both the Central and Eastern Breccias.

-- Exploration drilling at the Central and Eastern Breccias.

-- Soil sampling to define the extent of gold at the Northeast and Northwest Breccias.

-- Exploration drilling at the Northeast and Northwest Breccias.

The following link provides a map showing the location of each of the breccias in relation to the drilled JORC Resources at Plateau.

David Price, Chief Executive Officer of Rockfire, commented:

"Rockfire has commenced its on-site exploration for the 2021 field season with rock sampling and geological mapping to confirm targets close to Plateau. This work has confirmed historical high-grade rock samples and extended each target by around 100m in strike. These highly encouraging results provide opportunity to increase near-surface gold ounces at Plateau once drilling re-starts.

"Rocks strongly anomalous in gold have now been traced for more than 150 m length at the Northwest Breccia and appear to represent two parallel, linear structures. Historical rock sampling identified gold up to 2.49 g/t Au, however Rockfire's recent sampling has returned grades up to 16.8 g/t Au and 50.4 g/t Ag. This gold trend remains open to the east and west.

"The area approximately 250 m north of the Eastern Breccia gold JORC resource has historically returned anomalous gold-in-rocks up to 12.1 g/t Au. The zone hosting these high grades has been extended by recent Rockfire samples, which returned grades up to 1.9 g/t Au and 24 g/t Ag. The trend of anomalous rock samples is now more than 100 m in length and remains open to the east and west.

"We envisage the potential for two additional gold zones, similar to the Eastern Breccia, which has a JORC resource of 42,700 ounces of gold. Clearly, it is too early to predict this outcome, however the surficial geochemistry and geophysics are very similar. We will update the market as further exploration results become available, including results from our Preliminary Scoping Study at Plateau.
Rockfire Resources share price data is direct from the London Stock Exchange

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