Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRockfire Resources Share News (ROCK)

Share Price Information for Rockfire Resources (ROCK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.18
Bid: 0.17
Ask: 0.19
Change: 0.00 (0.00%)
Spread: 0.02 (11.765%)
Open: 0.18
High: 0.19
Low: 0.19
Prev. Close: 0.19
ROCK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Rockfire rises on recent sampling in Greece

Mon, 28th Nov 2022 14:07

(Sharecast News) - Base metal and critical mineral exploration company Rockfire Resources has received high-grade results from rock samples taken from historic waste dumps and surface outcrops at its wholly-owned Molaoi zinc-silver-lead-germanium deposit in Greece, it announced on Monday.

The AIM-traded firm said zinc up to 25%, lead up to 16.8%, and silver up to 498 grams per tonne was sampled in rocks from waste dumps and outcrops around old mine workings.

It said the highest results were from the 'Kalamaki' prospect, where a JORC resource of 2.3 million tonnes at 9.4% zinc, 1.7% lead and 47 grams of silver per tonne is located.

Rockfire is currently drilling in the Kalamaki area.

Elsewhere, 9.3% zinc was found in old workings at the 'Fournos' prospect, 1.5 kilometres north of the JORC mineral resource.

Previous drilling by the Greek government encountered three metres at 8.4% zinc in diamond drill core at Fournos.

Additionally, 15.8% zinc was found in old workings at the 'Mesovouni' prospect, one kilometre north west of the resource.

Rockfire said previous drilling, also by the Greek government, encountered three metres at 6.7% zinc in diamond drill core at Mesovouni.

Finally, 8.7% zinc, 5.2% lead and 161 grams of silver per tonne was found in outcrop to the north of the 'Gkagkania' prospect, 1.5 kilometres north west of the JORC resource.

The company said previous government drilling encountered seven metres at 10.2% zinc in diamond drill core there.

Rockfiore said germanium values were low due to strong weathering of the rocks, given germanium is heavily leached from weathered rocks.

Geotechnical drilling at the main resource area of Kalamaki, meanwhile, was said to be progressing well.

"These rocks have returned very good results," said chief executive officer David Price.

"Being from the spoils - waste - around the opening of old workings, it is testimony to the high grades of zinc, lead and silver encountered during historical mining.

"Several high-grade results were obtained from outcrops with no historical mining."

Price said that emphasises the quality of targets to the north and north west of the main resource area.

"Some of these targets have been drilled previously by the Greek government and encountered high-grade zinc, lead and silver in drilling.

"Our inaugural geotechnical drilling is underway at Molaoi and progressing very well.

"The market will be informed regularly as our drilling programme progresses."

At 1336 GMT, shares in Rockfire Resources were up 9.28% at 0.19p.

Reporting by Josh White for Sharecast.com.

More News
12 Mar 2019 10:40

Rockfire Resources Completes Initial Work At Copper Dome Project

LONDON (Alliance News) - Rockfire Resources PLC on Tuesday said it completed initial soil sampling, rock sampling, and geological mapping at the Copper Dome porphyry project in Queensland, shares

Read more
1 Mar 2019 13:04

Rockfire Resources Appoints Patrick Elliott As Non-Executive Director

LONDON (Alliance News) - Rockfire Resources PLC said Friday that it appointed Patrick Elliott as non-executive director of the company with immediate effect.Elliott is an experienced and he

Read more
27 Feb 2019 13:29

Rockfire Resources kickstarts exploration at Copper Dome

(Sharecast News) - Rockfire Resources on Wednesday began soil sampling, rock sampling, and geological mapping at the Copper Dome prospect in Central Queensland, Australia.

Read more
5 Feb 2019 13:39

Rockfire Lighthouse Soil Samples Show "Strong" Gold Targets

LONDON (Alliance News) - Rockfire Resources PLC on Tuesday said that soil sampling at its Lighthouse tenement, in Australia, has pinpointed several "discrete, strong gold targets" within

Read more
28 Jan 2019 11:38

Rockfire Resources Raises GBP500,000 Via Share Placing (ALLISS)

LONDON (Alliance News) - Rockfire Resources PLC on Monday said it raised GBP500,000 in a share placing to private investors to fund new drilling campaigns.The company issued 58.8 million at

Read more
28 Jan 2019 08:02

Rockfire raises £500,000 to fund Marengo and Double Event projects

(Sharecast News) - AIM-quoted copper and gold exploration company Rockfire Resources has raised £500,000 by way of a placing of 58.82m new ordinary shares at a price of 0.85p each.

Read more
7 Jan 2019 12:14

Rockfire Resources To Relinquish Two Mount Visi Exploration Licences

LONDON (Alliance News) - Rockfire Resources PLC on Monday said it has decided to relinquish its two Mount Visi exploration licences in Papua New Guinea following a review.The gold-focused

Read more
18 Dec 2018 10:22

Rockfire Resources identifies 'outstanding' results from dormant gold prospect

(Sharecast News) - Rockfire Resources made gains on Tuesday after identifying "outstanding" past drilling results at its Kookaburra exploration licence in Queensland, Australia.

Read more
26 Nov 2018 18:52

Rockfire Resources Signs Option For Ownership Of Copper Dome

LONDON (Alliance News) - Rockfire Resources PLC said Monday it has entered into an option to acquire the Copper Dome porphyry copper project in central Queensland, Australia.Rockfire said,

Read more
19 Nov 2018 12:09

Rockfire Resources leaps after 'bonanza' gold find

(Sharecast News) - Rockfire Resources soared on Monday after intersecting "bonanza grade" gold in recent drilling at the Double Event Prospect in Queensland, Australia.

Read more
19 Oct 2018 11:08

Rockfire shares tumble after it comes up short at Marengo project

(Sharecast News) - Rockfire Resources shares tumbled after the firm revealed that its inaugural reverse circulation drilling programme at its Marengo project in Queensland had failed to find significant gold or copper deposits.

Read more
19 Oct 2018 10:50

WINNERS & LOSERS SUMMARY: Intu Properties Up As Consortium Makes Offer

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------London Stock a

Read more
19 Oct 2018 10:47

Rockfire Resources Drilling At Marengo Finds No Gold Or Copper

LONDON (Alliance News) - Rockfire Resources PLC shares plunged Friday after the miner reported no "significant" gold or copper from its inaugural reverse circulation drilling at One Mile

Read more
9 Oct 2018 12:14

Rockfire Resources Identifies Potential To Grow Copperhead Resource

LONDON (Alliance News) - Miner Rockfire Resources PLC said on Tuesday its technical team has found historical data for the Copperhead tenement in Australia which identifies a very strong induced a

Read more
1 Oct 2018 11:14

Rockfire Resources Granted New Leyshon Exploration Permit To Mine

LONDON (Alliance News) - Rockfire Resources PLC said Monday it was granted the New Leyshon exploration permit to mine in Queensland, Australia.The licence, which will last for five years,

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.