11 Oct 2019 13:08
11 October 2019
Rockfire Resources plc
("Rockfire" or the "Company")
Drilling commences at the Plateau gold deposit
Rockfire Resources plc (LON: ROCK), the AIM-quoted gold and base metal exploration company, is pleased to announce it has commenced drilling at the Plateau gold deposit, North Queensland, Australia.
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The drilling aims to achieve the following:
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·; To increase the confidence of the Inferred 1.15 Mt @ 1.1 g/t Au for 40,400 ounces of gold, as announced on the 4 July 2019;
·; To extend the current resource;
·; To test new geological targets;
·; To test a geophysical anomaly identified by reprocessing historical geophysical data.
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David Price, Chief Executive Officer of Rockfire, commented:
"We're excited to start drilling at Plateau as this presents a great opportunity for Rockfire to potentially discover a very large gold deposit. Plateau has similarities to the currently operational Mt Wright gold mine (+1 Moz) which occurs approximately 50 km northeast of Plateau. Mt Wright and Plateau are both breccia-hosted gold deposits, with similar alteration and mineralisation styles."
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"We look forward to informing the market of our progress and drilling results."
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For further information on the Company, please visit www.rockfireresources.com or contact the following:
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Rockfire Resources plc  | info@rockfireresources.com  |
David Price, Chief Executive Officer | Â |
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Allenby Capital Limited (Nominated Adviser) | Tel:+44 (0) 20 3328 5656 |
John Depasquale / Asha Chotai | Â |
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SI Capital Ltd (Broker) | Tel: +44 (0)20 7374 2212 |
Nick Emerson | Â |
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