The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRockfire Regulatory News (ROCK)

Share Price Information for Rockfire (ROCK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.215
Bid: 0.20
Ask: 0.23
Change: 0.00 (0.00%)
Spread: 0.03 (15.00%)
Open: 0.215
High: 0.23
Low: 0.215
Prev. Close: 0.215
ROCK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Double Event drilling complete - assays expedited

14 Nov 2018 09:58

RNS Number : 3283H
Rockfire Resources PLC
14 November 2018
 

This announcement contains inside information

 

14 November 2018

Rockfire Resources plc

("ROCK" or "the Company")

 

Double Event drilling complete - assays expedited

The Board of Rockfire Resources plc (LON: ROCK), is pleased to inform shareholders that its drilling program at the Double Event gold prospect in Queensland, Australia has successfully been completed well within time and within budget. Drilling has encountered sulphides, including pyrite and galena (lead sulphide) at predicted depths.

 

 

· 12 reverse circulation holes (total of 605m), with all holes intersecting vein quartz with varying amounts of sulphides including pyrite and galena;

 

· A single deep hole (118m) was drilled at depth beneath the eastern workings, where Rockfire drilled and intersected encouraging gold intercepts in June 2018;

 

· The samples have been delivered to the lab, and assay results are expected within the next week.

 

 

Chief Executive Officer of Rockfire, David Price commented:

 

"Owing to a much larger and more powerful drilling rig being deployed to Double Event, our intended 10-day program of drilling was substantially reduced, saving both time and money for the company. Our drilling has hit sulphides in positions which were anticipated from our surface mapping and ground magnetics."

 

The laboratory is reporting a reduced back-log of samples at present, so we anticipate that assay results may be back within the week. The market will be informed of results once they have been received and interpreted."

 

 

Hole

EAST

NORTH

RL

Depth

Azimuth

Dip ⁰

Number

(UTM)

(UTM)

(m)

(m)

(Mag)

BDE015

442501

7757818

377

118

10

-70

BDE016

440842

7758004

355

39

10

-55

BDE017

440880

7757995

357

40

10

-55

BDE018

440923

7757990

359

70

10

-55

BDE019

440965

7757998

361

40

10

-55

BDE020

441001

7757979

362

40

30

-55

BDE021

441043

7757977

361

22

10

-55

BDE022

441041

7757974

361

52

10

-70

BDE023

441058

7757971

360

52

10

-70

BDE024

441081

7757966

360

40

10

-55

BDE025

441080

7757964

361

52

10

-70

BDE026

441123

7757953

353

40

10

-55

 

Table showing Double Event RC hole locations and collar information, November 2018

Competent Person Statement:

 

Information in this announcement that relates to exploration results is based on information compiled by Mr David Price, a Director of Rockfire Resources plc, who is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). Mr Price has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr Price consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.

 

 

For further information on the Company, please visit www.rockfireresources.com or contact the following:

 

Rockfire Resources PLC

David Price, Chief Executive Officer

 

Email: info@rockfireresources.com

 

Cenkos Securities plc

(Nominated Adviser & Joint Broker)

Derrick Lee / Beth McKiernan

 

Tel: +44 (0)131 220 6939

 

First Equity Limited

(Joint Broker)

Tel: +44 (0)20 7374 2212

Jason Robertson

 

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
 
 
DRLGGGAAGUPRUBC
Date   Source Headline
23rd May 20197:34 amRNSExercise of Option to Acquire Copper Dome
22nd May 201912:33 pmRNSClear targets defined at Copper Dome
22nd May 201911:54 amRNSFinal Results
20th May 20197:00 amRNSCardigan Dam returns broad, coherent gold anomaly
10th May 20198:53 amRNSUpdated Corporate Presentation
7th May 20197:00 amRNSDouble Event surface anomaly continues to expand
1st May 20199:15 amRNSAppointment of Non-executive Director
18th Apr 20197:50 amRNSField Exploration Update
22nd Mar 20199:06 amRNSHigh-grade copper found at Copper Dome
12th Mar 20198:15 amRNSCopper Dome initial surface geochemistry completed
1st Mar 201912:30 pmRNSAppointment of Non-Executive Director
28th Feb 20195:00 pmRNSTotal Voting Rights
28th Feb 20197:00 amRNSAppointment of Joint Broker
27th Feb 20199:34 amRNSExploration initiated at Copper Dome
26th Feb 20193:21 pmRNSHolding(s) in Company
22nd Feb 20199:41 amRNSReplacement: Result of General Meeting
18th Feb 20191:30 pmRNSResult of General Meeting
6th Feb 201910:25 amRNSHolding(s) in Company
5th Feb 201911:00 amRNSSoils add near-surface, high-grade gold targets
28th Jan 20197:42 amRNSCompany Update and Placing
14th Jan 201912:19 pmRNSSampling underway to infill Double Event
7th Jan 201911:39 amRNSUpdate on Papua New Guinea Prospects
24th Dec 201812:05 pmRNSDirectorate Change
24th Dec 201812:00 pmRNSChange of Adviser
18th Dec 20189:53 amRNSOutstanding gold target identified at Kookaburra
27th Nov 201811:00 amRNSUpdated Presentation
26th Nov 201812:37 pmRNSOption to acquire a high-potential copper project
19th Nov 20187:04 amRNSDrilling intersects bonanza gold at Double Event
14th Nov 20189:58 amRNSDouble Event drilling complete - assays expedited
8th Nov 20189:38 amRNSExtension drilling starts at Double Event
7th Nov 201812:29 pmRNSHolding(s) in Company
22nd Oct 20182:05 pmRNSSecond Price Monitoring Extn
22nd Oct 20182:00 pmRNSPrice Monitoring Extension
19th Oct 20187:37 amRNSMarengo drilling results & exploration update
9th Oct 201810:04 amRNSIP data highlights strong target at Copperhead
1st Oct 20187:00 amRNSGrant of New Licence Surrounding Mt Leyshon Mine
27th Sep 20187:00 amRNSInterim Results
19th Sep 20187:05 amRNSDrilling Program Complete - Sulphides Intersected
10th Sep 20187:00 amRNSDrilling underway at Marengo
29th Aug 201811:19 amRNSUpdated Presentation
21st Aug 20189:20 amRNSAdmission of Shares and Issued Share Capital
15th Aug 20189:44 amRNSHolding(s) in Company
13th Aug 20188:24 amRNSMaterial increase to exploration portfolio
9th Aug 20181:08 pmRNSAccelerated Exploration Financing and Joint Broker
1st Aug 201811:00 amRNSPrice Monitoring Extension
31st Jul 20187:00 amRNSMagnetics greatly enhance drill targets at Marengo
18th Jul 20188:26 amRNSThird gold target located at Marengo, Queensland
12th Jul 201810:45 amRNSHolding(s) in Company
2nd Jul 20182:26 pmRNS56,000T copper in Copperhead historical estimate
27th Jun 201811:00 amRNSPrice Monitoring Extension

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.