Rockfire Resources PLC - Australia-focused gold and base metal exploration company - Says a 300 metres long and 100 metre wide coincident gold-copper soil anomaly has been identified at Bell Rock, in North Queensland, Australia. The highest gold-in-soil value is 1.7 grammes per tonne gold and the highest copper-in-soil value is 605 ppm. Rockfire notes 16% of soil samples have returned assays above 0.1 grammes per tonne gold and 58% of all samples returned copper above 100 ppm.
Chief Executive David Price says: "I am pleased to announce these high gold-in-soil values from soil sampling at Bell Rock. It is not common to obtain a soil sample with a 1,000 ppb gold value, so we consider these to be remarkable values. The identification of such high soil anomalism within the Lighthouse tenement provides further evidence that Lighthouse is a highly endowed tenement located between multi-million-ounce operating gold mines."
"I am particularly encouraged by the coincident copper, as Bell Rock may prove to be a gold/copper system, which is very different to that seen at Plateau (gold/silver). The size of the anomaly is also pleasing, being coherent over nearly 400 metres in an east-west direction," Price adds.
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By Paul McGowan; paulmcgowan@alliancenews.com
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Rockfire Resources (ROCK)