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Pin to quick picksRockfire Regulatory News (ROCK)

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Extension drilling starts at Double Event

8 Nov 2018 09:38

RNS Number : 7653G
Rockfire Resources PLC
08 November 2018
 

08 November 2018

Rockfire Resources plc

("ROCK" or "the Company")

Extension drilling starts at Double Event

Rockfire Resources plc (LON: ROCK), the resource company focussed on copper and gold exploration, is pleased to inform shareholders that reverse circulation drilling commenced on Thursday 8th November at the western extension of the Double Event Prospect in Queensland, Australia.

 

Chief Executive Officer of Rockfire Resources, David Price commented:

"Rockfire is an active and aggressive explorer and we are pleased to have the drill rods turning again at our Double Event Prospect, which is part of the Lighthouse tenement. Double Event represents a 3km-long quartz vein-hosted mineralising system, which outcrops at surface and has multiple old gold workings along its length."

"Rockfire drilled the eastern extremity of the 3km trend during June 2018, with 93% of holes intersecting gold mineralisation including 1m @ 6.0 g/t Au, 4m @ 1.2 g/t Au, 3m @ 1.3g/t Au, 1m @ 4.8g/t Au, 2m @ 4.0 g/t Au and 3m @ 2.1 g/t Au. Significant silver up to 30 g/t (1 oz/t) is associated with the gold. Importantly, most of the gold intersections were within the top 25m from surface."

"The current drill program will test the western extremity of the 3km trend, where historical rock samples returned peak assays of 61 g/t Au, 40 g/t Au and 18.3 g/t Au. This section of the system also hosts more than 20 historical, shallow gold workings from the late 1800's. This round of drilling will again test near-surface gold potential with approximately 12 holes ranging from 40m to 80m deep. The market will be updated at the conclusion of this drilling phase, which is expected to be approximately 10 days of drilling."

 

 

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.
 
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DRLBPBLTMBJMMTP
Date   Source Headline
9th Dec 202010:00 amRNSHolding(s) in Company
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2nd Nov 20208:00 amRNSTotal Voting Rights
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30th Sep 20204:30 pmRNSTotal Voting Rights
29th Sep 202010:23 amRNSResult of General Meeting
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18th Aug 20209:10 amRNSExercise of warrants and issue of equity
11th Aug 20202:00 pmRNSExercise of warrants and issue of equity
10th Aug 20203:29 pmRNSReplacement: Exercise of warrants
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3rd Aug 20207:00 amRNSHighest gold grades to date drilled at Plateau
31st Jul 20204:41 pmRNSSecond Price Monitoring Extn
31st Jul 20204:35 pmRNSPrice Monitoring Extension
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29th Jul 20207:00 amRNSPlacing to fund on-going deep drilling at Plateau
24th Jul 20204:41 pmRNSSecond Price Monitoring Extn
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17th Jul 20202:58 pmRNSChange of Registered Office
7th Jul 20201:37 pmRNSIssue of Fee Shares & Director/PDMR Shareholding
29th Jun 20207:00 amRNSPlacing to fund deep drilling at Plateau
23rd Jun 20208:21 amRNSLong intervals of sulphides encountered at Plateau
12th Jun 202010:37 amRNSResult of AGM
11th Jun 20201:51 pmRNSDrilling recommences at the Plateau Gold Deposit
9th Jun 20209:13 amRNS3D geophysics at Plateau supports gold potential
1st Jun 20209:14 amRNSLighthouse exploration reveals new gold targets
26th May 202010:41 amRNSUpdated Corporate Presentation
21st May 20209:10 amRNSNotice of AGM & Proposed Grant of Options
20th May 20201:09 pmRNSDirector/PDMR Shareholding
18th May 20202:00 pmRNSFinal Results

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