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Extension of Due Diligence Period

3 Nov 2017 17:06

RNS Number : 5779V
Red Rock Resources plc
03 November 2017
 

Red Rock Resources PLC

("Red Rock" or the "Company")

Extension of Due Diligence Period

 

3 November 2017

Further to the announcement of 26th September 2017, announcing inter alia a 40 day period in which Red Rock would carry out due diligence on four or five copper/cobalt tailings near Kolwezi in the Democratic Republic of Congo, that due diligence period has been extended by 30 days to allow sufficient time for drilling and for laboratory analysis, following some earlier permitting and logistical delays.

The Company has carried out drilling on the first two tailings, Haute Kalemba and Basse Kalemba, and deliveries of samples have been made to the SGS laboratories in Lubumbashi for testwork. Work continues with a view to testing the other tailings locations.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc

Scott Kaintz 0207 747 9990 Director Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited

Jason Robertson 0207 374 2212 Broker First Equity Limited

This information is provided by RNS
The company news service from the London Stock Exchange
 
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