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Initial Inferred Mineral Resource Estimate
Initial Inferred Mineral Resource estimate of 52Mt @ 2.0g/t Au, 0.31% Cu or 2.5g/t AuEq for 3.4Moz Au, 160Kt Cu or 4.2Moz AuEq[1],[2]. Mineralisation remains open outside of the resource shell with potential to grow the resource over time.
The Initial Inferred Mineral Resource estimate, assuming mining by a bulk extractable underground operation, reported inside an AUD$50/t Net Smelter Return (“NSR”) shell[3], including geological domains of:
Crescent Zone containing 18Mt @ 3.8g/t Au and 0.61% Cu for 2.2Moz Au and 110Kt Cu.
Breccia Zone containing 34Mt @ 1.1g/t Au and 0.15% Cu for 1.2Moz Au and 50Kt Cu.

Initial Resource Represents a Portion of Mineralised System Footprint: The Inferred Resource is centred on the South East Crescent and adjacent Breccia including a portion of the Northern Breccia. Consequently, the Initial Inferred Resource represents a portion of the currently identified mineralised system footprint (approximately 650m x 350m x 1000m).

This is from GGPs website October 2021 - but I know they recently expanded to depths of 1150meter

Copperdomes largest target - The larger target is 1.5 km long, 700 m wide and occurs between 400 m and 1.3 km deep and remains open beyond that depth.

Just to confirm me saying copperdome largest target is larger than Havieron - copperhead is even bigger - both with historic drilling bring back commercial grades

4 assets
11mil
Rns due to expand plateau
Rns due any now to commence drilling at copperhead

Good morning all

All the previous spikes were caused by the gold assets advancing, which are honestly nothing special and wouldn’t have justified the SP staying at 2p 20mil mcap - but after the last 5 Years hare now matured enough to soon start generating between 3-10mil per month revenue

Rock is also now fully funded for first drilling campaigns at its two large copper assets that will be completely transformative for rock future while valued at just- 10mil valuation. Drill rig currently on site at copperhead which is a 10bn++ copper asset with high chances of success - to start drilling within days and then funded to drill at the second copper asset

There’s a company behind the sp that moves up and down -Complete different position to all the previous attempts to brake 2p - plateau news due which will be the gold assets furthest advanced - and copperhead drilling that will see many multiples higher than a 20mil mcap after reconfirming commercial copper grades over the 5km x 3km target
L

5% was worth 555m - now more - 100% equaled 10bn+

The target doubled

Times the current 10mil Mcap as many times as your need to see the multibag upside - the fundermentals "ramp" themselves - massively undeniably undervalued for anyone who actually looks at the facts - I haven't had such a clear cut bagger in a long time and see ROCK having a GGP EUA type rise over the coming 6-12-18-24 months - my only issue here is gonna be slicing too much too early

· At a current copper price of £4,535 per tonne, this represents an in-ground value of £555m*;



· Rockfire has developed a staged exploration target, with planned drilling expected to deliver the next milestone of between 50 - 100 million tonnes, with a grade range of 0.30 - 0.40% Cu equivalent**;



· The estimated tonnage only includes a small drilled portion (approximately 5%) of a large surface geochemical anomaly which is 3km x 2km in area and mineralisation remains open in all directions

To confirm the facts shared by PVS so it doesn’t get Misperceived as ramping - large upside being a rock holder as this pivotal time in rocks history

And that the target has doubled since

https://www.lse.co.uk/rns/ROCK/magnetics-doubles-copper-target-at-copperhead-4trms3azztd61my.html

https://www.lse.co.uk/rns/ROCK/3d-processing-pinpoints-drilling-targets-wu7r4o3yg64keji.html

Successful results at copperhead will prove a 10bn+ resource of copper

Plateau and copperhead RNSs due next week

I'm not selling a single share until after results at both copper campaigns - success at either will easily see a 50mil Mcap +

Historical drilling found copper ever 30meter for 300 meters in all drill holes with grades up to 2.8% cu

Complete nobrainer -

https://youtu.be/sRX_zWr3Irs 29minutes in"we've found copper, we know it's there"

https://**************BnZARo96YkA4YTg0

https://mobile.twitter.com/rockfireplc/status/1413016140440170498?s=21

24th of June - 2 weeks would be today - plateau aerial survey RNS due

Gold Highlights:

· A high-definition gravity survey is in progress at the Plateau gold deposit ("Plateau"), part of the Lighthouse tenement. This survey is designed to detect concentrations of sulphides at depth, beneath the 1.4 million tonnes @ 1.20 g/t Au already discovered in the top 100 m from surface at Plateau. Approximately 70% of this survey is complete.

Our regional exploration programmes continue to progress and the results from recent soil sampling at Bell Rock are pleasing. The gravity survey at Plateau is progressing well and should be completed within the next two weeks. This survey is aimed at testing for a gravity anomaly at depth beneath Plateau, which may indicate a source for the gold already found there. Any gravity anomaly detected is likely to become a priority drilling target.

Drilling at copperhead to start any day now to redrill and expand on the historical drilling that returned copper every 30meter up to 300meters up to 2.8% Cu

Copper Highlights:

· Access track and drill pad preparation is well underway at the Copperhead porphyry project ("Copperhead") in preparation for diamond drilling. The project has not been subjected to drilling for nearly 50 years and Rockfire is redeveloping the original access tracks used for historical drilling.

· The commencement date for drilling is determined by the completion of the access tracks. The drilling supervisor is arriving on site next week to assess logistics, water availability and to check rig access. The drill rig is track-mounted, making access easier and resulting in smaller drill pads being required.

Drill rig has been approaching the site since the 31st of June ( check the rockfire Twitter )

Have a good day all

All depends on whether we succeed at one or both

Both have highly commercial historically drilling grades ( https://youtu.be/sRX_zWr3Irs copper assets start at 25 minutes in, at 29 minutes in ( We've hit copper, we know it's there"))

I don't wanna say it because people will think I'm ramping, but it's just the facts - The 5% was 555m, meaning 100% = 10bn+ and the target has since double and the copper priced has increased/ will continue to increase as copper is a high demand metal for the green transition

I believe at year end and after success at either or both were have a 100mil Mcap+ with partnering to follow with one of the four copper refinery's within 50meters or with newmonts largest copper refinery in Australia within 200kms

Copperhead is shallower than copperdome - but copperdome had up to 23% Cu and IS larger than Havieron while still 100% owned

Plateau and lighthouse are the futherest matured in rock's history, as are both copper assets as we approach fully funded campaigns at both

I think we're break the 52w and 5yearly high - and then we're off to the races as the share price catches up to rocks current stage in development and upside from either/both campaigns

https://twitter.com/Rockfireplc/status/1409775192302182401?s=08

11mil Mcap at time of writing

Shared from the telegram group - i recommend everyone here early to inform yourselfs of the company’s fundermentals and current stage of development

https://youtu.be/sRX_zWr3Irs

https://twitter.com/Rockfireplc/status/1409775192302182401?s=08

Dyor - your see rock is undoubtedly in the strongest position in its history as the drill rig approaches the site

Two weeks would be tomorrow for plateau
Drilling to commence at copperhead any day now
I recommend everyone to watch the presentation interview - 25minutes in for copperhead- 29minutes in “we’ve found copper, we know it’s there”

This price range will be left soon for good, especially now the placing overhang seems done

We're days away from finally drilling what could be a company maker for rock - the previous highs wouldn't have held a 20mil+ mcap that time away from profitability or a major find, but drilling at copperhead imo will see us break out of our 5 year yearly highs which at current prices is around 25mil Mcap - that would still be cheap considering copperhead alone could have over 10 billion worth of copper and I like copperdome even more - not ramping but making others aware of the value I can see looking at the calculator based on the RNS in the above pinned post and from holding rock from 11mil mcap at this transitional point for the company - and with historical drilling bringing back commercial grades at both copper assets - what's our chance of success ? Im not selling a single share until drilling results at both

All of rock's assets are the futherest matured in there history with the gold close to being profitable and were finally fully funded and drilling at both large copper assets this year, the first within weeks

https://twitter.com/Rockfireplc/status/1409775192302182401?s=08

From the telegram group - great summary of rock at this point in the company’s history

GGP famously 50x+ after the Havieron discovery and then gaining a JV with Newcrest leaving them 30%

Havieron is 450 x 650 x 750 ( depth has since expanded from 600 )

Copperdome is 1500 x 700 x 900 and similarly just need to drill deeper ( see pinned post and pictures ) with all holes ending in copper and hitting 88m @ 0.23% Cu even when missing - 100% owned

Copperhead historic drilling at 2.8% Cu ( which is excellent and certainly commercial ) and larger than copperdome - 10-20-30mil mcap would still be just over 3p would still have bags of upside after a commercial discovery at either or both - after success at both/either 100mil mcap+ followed by a jv with one of 4 copper refineries within 50kms or the largest copper refinery in Australia 170kms away newmont owned

Drilling likely to start next week and at the latest the week afterwards - drill rig on site since the 24th + aerial results to further mature plateau

39mil mcap - 319mil funding to produce 320mil per year at 1700$

Don’t be silly with the 4p target

With rock I the strongest position in its history, people will regret taking profits so early in this transitional phase for the company

News due
Aerial survey 70% complete and due in 2 weeks ( from the 24th would be this week Thursday
Tracks to copperhead “well underway” since the 24th and the recent tweet showing the rig approaching the drill site

Potentially upwards of 10bn at copperhead, “we’ve found copper, we know its there” up to 2.8% Cu historic grades
5% = 555mil = 10bn+ and since the copper price has rises and target has doubled to 5km x3km

And then Fully funded to move to copper dome

Once the placing shares are done, the break are off before either piece of news

850k 8 weeks ago and with today’s volume must be hardly any left

Room for significant upside from the current 11mil mcap as we’re about to start reconfirming copper in the billions

· Using the original tonnage and the new Cu Eq. grade of 0.35%, the amount of in-situ copper increases from 56,000 tonnes of copper to 122,500 tonnes of copper equivalent value;



· At a current copper price of £4,535 per tonne, this represents an in-ground value of £555m*;



· Rockfire has developed a staged exploration target, with planned drilling expected to deliver the next milestone of between 50 - 100 million tonnes, with a grade range of 0.30 - 0.40% Cu equivalent**;



· The estimated tonnage only includes a small drilled portion (approximately 5%) of a large surface geochemical anomaly which is 3km x 2km in area and mineralisation remains open in all directions

5% 555m x 20
The target ha doubled and the copper price increased

2p will be smashed at still only 22mil mcap

Finally drilling at what could be a transformational copper campaign/ campaign’s for rock

With “copper already there” valued in the billions - currently just over 10mil mcap

Fully funded for both campaigns
Aerial results due to gold at depth at plateau

https:// t.me / joinchat/ bM-XMjkBdxFjMTNk

Martyn Churchouse, Chief Executive Officer of Caerus Mineral Resources, commented; "This acquisition represents another important addition to our Cypriot portfolio, providing further optionality to our exciting suite of assets. We continue to maintain our policy of only acquiring licences of merit, preferably with a mining history and clear evidence of mineable surface materials and scope for further hard rock resource expansion. We, therefore, approach resource development safe in the knowledge that host rocks are conducive to epithermal gold and VMS Cu-Au deposition and that we have additional mineralised surface material likely to meet the entry requirements defined within the Jubilee Metals Group Option Agreement in the coming months".  

£1+ after JV with jubilee

“The Company has now completed ALL the stages of the government's Exploitation Licence application process and has lodged the formal application for the granting of the licence."

"The formal application for the Block XX Exploitation Licence has now been submitted to the Ministry of Mining and Heavy Industry (MMHI) requesting the Minister to award the Licence."

"Field activities of companies operating in Mongolia through 2020 were impacted by the restrictions in place but in Q2 2021 restrictions were eased and operability appears to be improving. This is encouraging in light of Petro Matad's plans for appraisal and DEVELOPMENT activity on the Heron oilfield once the Exploitation Licence is in hand."

Looks like not only the EL but also full HERON DEVELOPMENT and REVENUES thIs year and not a wait until 2022.

Much, much better than we hoped for.

Gonna be a scramble for shares today.
 

Nobly lol, it’s not often people confuse posts for rnss lol

Charters towers is a 6 hour drive for mackay, near 5 weeks since “drilling to start in the coming weeks”

I highly recommend investors looking in to refer to the most recent presentation and rnss of copperhead and copper dome. Both could be game changing for Rockfire + plateau and others - How has rock got such a low mcap? We should already be 20+ as I’m sure it will be when drills start turning at the large copper assets, and success at either significantly higher.

Has Rockfire ever been in a stronger position? Genuine question for those invested longer than me

Expansion at plateau copperhead and copper dome - fully funded to drill all 3 - the copper imminently

Happy Friday, have a good day everyone