The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Rockfire Resources Finds Gold Anomaly In Jeddah Prospect

Wed, 10th Feb 2021 15:24

Rockfire Resources PLC - Australia-focused gold and base metal exploration company - Announces identification of gold-in-soil anomaly from soil sampling at the Jeddah gold prospect in Queensland, Australia.

The anomaly in question covers an area of 250 metres east-west by 150 metres north-south, and is defined by a low-order zone of 10 parts per billion of gold, with a peak value of 62 ppb.

"Our exploration work continues to generate and upgrade our exploration targets within the Lighthouse tenement. As more exploration is completed, our team assigns a priority ranking to our numerous prospects, enabling efficient and cost-effective exploration. Being so close to Plateau, Jeddah provides an excellent prospect, particularly as epithermal textures in quartz veins have been mapped," said Chief Executive Officer David Price.

Current stock price: 1.20 pence, down 9.4% on Wednesday

Year-to-date change: up 29%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News
19 Mar 2024 18:41

EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reporte...

4 Mar 2024 14:29

TRADING UPDATES: Beowulf ups Vardar stake; Impellam buyout nears

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

1 Feb 2024 20:00

EARNINGS AND TRADING: Tandem FY sales down 17%; Hikma's opioid deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...

30 Jan 2024 14:02

IN BRIEF: Rockfire confident about twinned holes at Maloi zinc deposit

Rockfire Resources PLC - London-based mineral exploration company - Says drilling at Maloi zinc deposit in Greece replicates historical drill holes. F...

19 Jan 2024 10:29

Rockfire touts positive drill results from Lighthouse tenement

(Alliance News) - Rockfire Resources PLC on Friday noted Sunshine Metals Ltd's "encouraging" drill results at the Lighthouse tenement in Queensland.

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.