Copperhead another first class asset21 Feb 2020 09:54
Rockfire Resources plc (LON: ROCK), the copper and gold-focused resource company, is pleased to announce that soil and rock samples collected from the Copper Dome Porphyry Copper Project in Central Queensland ("Copper Dome"), have returned rock samples up to 23.4% Cu and significantly elevated copper-in-soil values up to 779 ppm Cu. As announced on 26 November 2018, Rockfire has an option to acquire Copper Dome, which expires on 23 May 2019.
Β· Rock samples returned maximum grades of 23.4% Cu, 3.2 g/t Au and 952 g/t Ag;
Β· 23% of all rock samples assay above 0.5 g/t Au, above 5 g/t Ag and above 0.1% Cu;
Β· High-grade copper, gold and silver rock samples define ridges radiating from the mapped centre of the porphyry system, with potential for high-grade, vein-hosted mineralisation in addition to porphyry-hosted mineralisation;
Β· Elevated copper-in-soil occurs over a coherent area approximately 500m x 300m, suggesting potential for large tonnage;
Β· Copper has been found in soils at a new, undrilled location to the north of previous drilling;