RE: Sunshine metals3 Apr 2025 19:41
We did rns it though ..
Rockfire Resources plc
("Rockfire" or the "Company")Plateau drilling and mining studies to be accelerated by Sunshine
Rockfire Resources plc (LON: ROCK), the base metal, critical mineral and precious metal exploration company, is pleased to provide an update on activities by ASX-listed (ASX:SHN) Sunshine Metals Limited ("Sunshine") at the Plateau Gold Deposit ("Plateau") in Queensland, Australia.
On 5th January 2023, Rockfire entered into a Binding Agreement with Sunshine to farm-in to Plateau and earn up to a 75% interest in the tenement. On Sunshine achieving 75% ownership, Rockfire shall have the right to elect to contribute 25% of on-going expenditure, or to convert to a 1.5% Net Smelter Royalty (NSR).
Sunshine has today announced a successful Placement of AUD$3 million to accelerate development of its near-surface gold resources in North Queensland, including Plateau. You may view the original Sunshine announcement here: