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Copper Dome initial surface geochemistry completed

12 Mar 2019 08:15

RNS Number : 5697S
Rockfire Resources PLC
12 March 2019
 

12 March 2019

Rockfire Resources plc

("ROCK", "Rockfire" or "the Company")

Copper Dome initial surface geochemistry completed

 

Rockfire Resources plc (LON: ROCK), the copper and gold-focused resource company, is pleased to announce that initial soil sampling, rock sampling and geological mapping have been completed successfully at the Copper Dome Porphyry Copper Project in Central Queensland ("Copper Dome"). As announced on 26 November 2018, Rockfire has an option to acquire Copper Dome (the "Option"), which expires on 23 May 2019.

 

· Malachite and azurite (copper carbonate minerals) were observed in several locations throughout the area tested;

 

· Alteration of rocks, particularly by silica was recorded during mapping;

 

· A total of 176 soil samples and 34 rock samples have been submitted to the laboratory for analysis;

 

· The prospect remains vastly under-explored;

 

· The mineralisation outcrops at surface, providing low-cost, near-surface exploration which, the Company anticipates will result in lower exploration costs;

 

Whilst results are awaited from the Copper Dome project, a Rockfire field crew will mobilise to the Kookaburra tenement in Queensland, Australia, to commence soil sampling and ground magnetics. This program will test a 1.5km western extension to the Double Event Prospect.

 

Chief Executive Officer of Rockfire, David Price, commented:

 

"This initial program of work at Copper Dome has provided our field crews with a good understanding of the specific issues relevant to a new project including access, terrain, geomorphology, outcrop distribution, geology and surface mineralization. The soil and rock samples will provide a great snapshot of the overall potential of the prospect to deliver a project of scale. Results obtained from the soil and rock sampling will assist Rockfire's pending decision whether to exercise the Option to acquire Copper Dome, a decision which is required by May 2019." 

 

For more information regarding Rockfire Resources, please contact:

 

Rockfire Resources plc

Email: info@rockfireresources.com

David Price, Chief Executive Officer

 

 

 

Allenby Capital Limited (Nominated Adviser)

Tel: +44 (0) 20 33 285 656

John Depasquale/ Asha Chotai

 

 

 

First Equity Limited (Joint Broker)

Tel: +44 (0) 20 73 742 212

Jason Robertson

 

 

 

SI Capital (Joint Broker)

Tel: +44 (0) 1 483 413 500

Nick Emerson

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDGGUAUWUPBURP
Date   Source Headline
25th Jun 20183:59 pmRNSHolding(s) in Company
25th Jun 20187:00 amRNSDrilling hits gold over 400m of strike length
21st Jun 20187:00 amRNSChange of Name to Rockfire Resources plc
18th Jun 201812:16 pmRNSResult of AGM and Change of Name
14th Jun 201812:49 pmRNSHolding(s) in Company
12th Jun 20187:00 amRNSLighthouse drilling - all holes intersect sulphide
8th Jun 20187:03 amRNSMarengo Geophysical surveys confirm gold targets
7th Jun 20181:07 pmRNSBoard Changes
6th Jun 20187:39 amRNSBoard Appointment
29th May 20187:00 amRNSUpdate on Annual Report, AGM and Registered Office
24th May 20187:15 amRNSNew Epithermal Gold Zone Identified at Lighthouse
21st May 20189:41 amRNSFinal Results
16th Apr 201811:03 amRNSMapping at Marengo Identifies Au/Cu Systems
27th Mar 20189:29 amRNSHolding(s) in Company
16th Mar 201810:01 amRNSGrant of Monarch Exploration Licence
12th Mar 20187:07 amRNSRock samples return over 1 ounce/tonne gold
2nd Mar 20189:54 amRNSHolding(s) in Company
21st Feb 201810:27 amRNSBoard Changes
8th Feb 20187:00 amRNSUpdated Company Presentation
25th Jan 20188:22 amRNSUpdate of Plateau Project & further drill results
18th Jan 20187:00 amRNSNew Exploration Licence Application
10th Jan 20188:04 amRNSInitial Drilling Results at Lighthouse
8th Jan 20187:00 amRNSHolding(s) in Company
22nd Dec 20171:08 pmRNSHolding(s) in Company
19th Dec 20172:31 pmRNSCompanies House Notice
19th Dec 201710:22 amRNSBoard Change
18th Dec 20177:54 amRNSNew Exploration Licence Application at Lighthouse
7th Dec 20179:34 amRNSDrilling Update
24th Nov 201712:45 pmRNSDirector/PDMR Shareholding
23rd Nov 20172:31 pmRNSHolding(s) in Company
22nd Nov 20172:00 pmRNSCommencement of Drilling
16th Nov 20177:41 amRNSExploration Licence Application at Lighthouse
3rd Nov 20177:00 amRNSDirector/PDMR Shareholding
30th Oct 20177:59 amRNSLighthouse Gold Project Update
24th Oct 20171:04 pmRNSDirector/PDMR Shareholding
20th Oct 20173:10 pmRNSDirector/PDMR Shareholding
18th Oct 20174:49 pmRNSHolding(s) in Company
18th Oct 20179:33 amRNSHolding(s) in Company
16th Oct 20178:00 amRNSCorporate Presentation
13th Oct 20173:56 pmRNSResult of AGM and General Meeting
19th Sep 201712:58 pmRNSPublication of circular and notice of AGM and GM
18th Sep 20171:35 pmRNSConditional Subscription by Director
18th Sep 201710:41 amRNSConditional Placing and Acquisition
13th Sep 20174:00 pmRNSInterim Results
26th Jul 20174:45 pmRNSHolding(s) in Company
30th Jun 20177:00 amRNSFinal Results
14th Jun 201712:00 pmRNSHolding(s) in Company
9th Jun 201712:14 pmRNSBoard Change
6th Jun 20177:00 amRNSHolding(s) in Company
24th May 20175:12 pmRNSHolding(s) in Company

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