RE: £55k Trade11 Jul 2025 13:47
Rockfire Resources (LON: ROCK) continues to strengthen its position through multiple value-building assets.
Today’s update from Sunshine Metals Limited, Rockfire’s JV partner in Australia, confirms high-grade gold intercepts at the Plateau Prospect, including:
• 8m @ 3.17g/t Au & 31g/t Ag
• With higher-grade zones like 2m @ 6.97g/t Au & 84g/t Ag
Sunshine is earning up to 75% of the Lighthouse tenement by spending AUD$2.2 million (~£1.15m) — which already exceeds Rockfire’s current market cap, offering clear asset-backed value and added financial security.
🔗 Original ASX announcement
“Although our focus remains firmly on our flagship Molaoi zinc project in Greece, which holds transformational critical mineral potential, it’s important to recognise the underlying value of our Australian gold assets.”
The Sunshine JV gives Rockfire ongoing exposure to potential near-term gold production — with zero further capital outlay.
📌 With drilling results improving the resource model and metallurgical testing underway, the Plateau gold asset continues to mature toward development — reinforcing Rockfire’s position as a multi-asset explorer with real upside.