Last checked at 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.
The drilling aims to achieve the following:
·; 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.
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."
"We look forward to informing the market of our progress and drilling results."
For further information on the Company, please visit www.rockfireresources.com or contact the following:
Rockfire Resources plc
| info@rockfireresources.com
|
David Price, Chief Executive Officer |
|
|
|
Allenby Capital Limited (Nominated Adviser) | Tel:+44 (0) 20 3328 5656 |
John Depasquale / Asha Chotai |
|
|
|
SI Capital Ltd (Broker) | Tel: +44 (0)20 7374 2212 |
Nick Emerson |
|