RE: 19.1m Ounces Silver 🤯29 Dec 2025 16:35
I asked AI
Results;
Rockfire Resources plc has a total JORC-compliant inferred silver resource of over 21 million ounces across its projects in Greece and Australia. As of today (December 29, 2025), the spot price of silver is approximately £56.06 (or $75.83) per ounce.
Total Estimated Value of Silver
The total estimated in-ground value of the silver resource is approximately £1.18 billion (or $1.59 billion).
This calculation is based on the following:
• Total Silver Resource: ~21 million ounces
• Current Silver Price: ~£56.06 per ounce
• Calculation: 21,000,000 ounces * £56.06/ounce ≈ £1,177,260,000
Resource Breakdown
Rockfire's silver resources are located in three primary deposits:
• Molaoi (Greece): The main resource with 19.1 million ounces of silver.
• Plateau (Australia): Contains 800,000 ounces of silver as a JORC resource.
• Copperhead (Australia): Contains 1.1 million ounces of silver as a JORC resource.
Important Considerations:
• This is the in-ground value based on the current spot price, not the company's market capitalization or a guarantee of extractable profit.
• "Inferred Resources" is a classification under the JORC Code that implies a lower level of geological confidence, meaning the quantity and grade are predicted on limited evidence.
• The final economic viability depends on numerous factors including extraction costs, metallurgical recovery rates, future price fluctuations, and permitting.