(Alliance News) - Rockfire Resources PLC on Friday said there was more evidence of a "significantly large mineralising system" at the Plateau deposit in the north of Queensland, Australia.
Rockfire said it completed a drilling programme at the asset in January.
The company explained: "Long intervals of anomalous silver, zinc and lead have been intersected in drilling at the company's 100%-owned Plateau gold deposit.
"This analysis is from the drilling programme completed in January 2020 and is further supporting evidence that the Plateau gold Deposit is a significantly large mineralising system."
Chief Executive Officer David Price said: "The mineralised system at Plateau continues to provide encouragement for a significant deposit at depth."
Rockfire shares were 4.0% lower at 0.60 pence each in London on Friday afternoon.
By Eric Cunha; ericcunha@alliancenews.com
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Rockfire (ROCK)