IN BRIEF: Rockfire starts exploration work at Maolai zinc deposit
Rockfire Resources PLC - London-based gold and base metal exploration company - Begins exploration at its wholly-owned Molaoi zinc deposit in Greece. Geological mapping and rock sampling are underway throughout the license. A technical programme and environmental report have been submitted to the Greek government; these will need to be approved before drilling can progress. Its planned diamond drilling targets expansion of the maiden JORC resource of 2.3 million tonnes at 11% zinc equivalent, for around 250,000 tonnes of zinc equivalent, as previously announced in May. Selects preferred drilling contractor after soliciting three quotes, with drilling of 40 initial holes and 60 subsequent ones expected to take 12 months in total. Also begins metallurgical test work via BHM Processing in Perth, Australia, with "encouraging" initial results.
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