RE: Selling?15 May 2024 10:30
Copper back in play ...
RNS Number : 0421Z
Rockfire Resources PLC
19 May 2021
19 May 2021
Rockfire Resources plc
("Rockfire" or the "Company")Copper Dome 3D processing pinpoints drilling targets
Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce results from 3D processing of helicopter magnetic data at the Company's 100%-owned Copper Dome porphyry project ("Copper Dome") in North Queensland, Australia. The original survey was flown in April 2021 and the newly processed data highlights strongly magnetic drilling targets at depth.
Highlights:
· Two main targets have been highlighted, with both showing very strong magnetic responses, which are being interpreted as magnetite alteration - an important feature associated with many porphyry copper deposits.
· The targets commence approximately 500 m below surface.
· The larger target is 1.5 km long, 700 m wide and occurs between 400 m and 1.3 km deep and remains open beyond that depth.
· The smaller target is 900 m long, 250 m wide and occurs between 600 m and at least 1 km deep.