New Discovery - CEO3 Dec 2019 12:38
David Price, Chief Executive Officer of Rockfire, commented:
"These results represent a new discovery which was identified by our exploration team. Previous explorers had drilled nearby but missed the high-grade breccia. We are starting to get a better understanding of the geology of this zone and the more we learn from each drill hole, the higher our drilling success rate becomes".
"These holes are interpreted to represent the near-surface expression of the large gold system encountered at depth in hole BPL025. Importantly, these holes extend the mineralised target zone by another 120m towards the east. It is our expectation that the geophysics recently completed at Plateau may highlight potential for a "sweet spot" with higher average grades at depth."
"Results from 11 more drill holes are awaited. These are resource infill/extension and pure exploration holes and the depths vary between 30 m and 90 m. The market will be kept informed of both drilling and geophysical results as they are received by the Company".