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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
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29th Nov 20167:00 amRNSIssue of Equity
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2nd Sep 20167:00 amRNSSubscription to raise £400,000
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16th May 201612:20 pmRNSShare Placing and Exploration Update
30th Dec 201511:05 amRNSHolding(s) in Company
21st Dec 20152:11 pmRNSResult of GM and Close of Offer for Subscription
9th Dec 201510:00 amRNSCorrection: Placing and Offer for Subscription
4th Dec 20157:00 amRNSProposed Placing and Offer for Subscription
1st Dec 201511:00 amRNSHolding(s) in Company
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28th Aug 201511:50 amRNSResult of AGM
25th Aug 20154:48 pmRNSPosting of Annual Report & Notice of AGM
30th Jun 20157:00 amRNSFinal results for the year ended 31 December 2014
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15th Jan 20157:00 amRNSDrilling Update
30th Oct 20147:00 amRNSIssue of New Shares
29th Sep 20147:00 amRNSInterim Results
6th Aug 201410:48 amRNSResult of AGM
4th Jul 20147:00 amRNSHoldings in Company
1st Jul 20147:00 amRNSTR-1 Notification of Major Interest in Shares
1st Jul 20147:00 amRNSClose of Offer for Subscription
27th Jun 20147:00 amRNSFinal Results for the year ended 31 December 2013
26th Jun 201412:03 pmRNSResult of General Meeting
18th Jun 20147:00 amRNSExtension of Offer for Subscription
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10th Jun 20141:00 pmRNSProposed Placing and Offer for Subscription
16th May 20147:00 amRNSExploration Update
19th Sep 20137:00 amRNSExploration Update and Interim Results
10th Jun 20131:12 pmRNSResult of AGM
16th May 20137:00 amRNSDistribution of Annual Report and Accounts
8th May 20137:00 amRNSFinal Results
1st Mar 201312:59 pmRNSHolding(s) in Company
25th Feb 20137:00 amRNSHolding(s) in Company
14th Feb 20137:00 amRNSPlacing
30th Jan 20137:00 amRNSExploration Update
31st Dec 20127:00 amRNSHolding(s) in Company
4th Dec 20127:00 amRNSExploration Update
24th Sep 20127:00 amRNSInterim Results
16th Jul 20122:03 pmRNSResult of AGM
16th Jul 201211:00 amRNSAGM Statement
18th Jun 20127:00 amRNSFinal Results
29th Mar 20127:00 amRNSAppointment of Non-Executive Director
6th Mar 201211:20 amRNSTR1 - Notification of Major Interest in Shares

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