Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRed Rock Resources Regulatory News (RRR)

Share Price Information for Red Rock Resources (RRR)

Share Price is delayed by 15 minutes
Get Live Data
0.0255    0.0035 (15.91%)
Bid:
0.024
Ask:
0.027
Spread: 0.003 (12.50%)
Market Cap: £2.44m
RRR Live PriceLast checked at - London Stock Exchange

Intraday Red Rock Resources Share Chart

Lithium Update

15 Jun 2023 12:00

RNS Number : 8741C
Red Rock Resources plc
15 June 2023
 

Red Rock Resources Plc

("Red Rock" or the "Company")

 

Lithium Update

 

 

15 June 2023

 

Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, copper, cobalt, lithium and other minerals, announces an update to the announcement of 28 March 2023 in relation to the Company's operations in Zimbabwe.

 

Following submission of the Environmental Impact Assessment ("EIA") for the Company's first Zimbabwe project and stakeholder meetings, an environmental certificate has now been issued. The Company can therefore start production and sale of lithium product.

 

Work will be carried out in parallel to permit our other Zimbabwe licences for mining.

 

Red Rock Chairman Andrew Bell comments: "Now that we have our environmental clearance, mining can begin on site. We are in a position to start shipping product immediately, and will make announcements as we pass various milestones.

 

Zimbabwe is a top ten lithium producer, and the biggest producer in Africa, and is known for its high grade product. This is a significant milestone for Red Rock, and we are assessing the financial implications as we test material and delineate further the pegmatites within our licences."

 

In Burkina Faso, the transfer of the Boulon licence to the Company has now been completed, The BRGM (Bureau de Recherches Géologiques et Minières) and BUMIGEB (Bureau des Mines et de la Géologie du Burkina Faso) carried out a regional geochemistry survey on stream sediments in south-western Burkina Faso to identify potentially mineralised zones as targets for future prospecting operations following receipt of World Bank funding in 2011. A channel of lithium-bearing leucogranites was identified that runs through one of our gold licences. The centre of this mapped channel, containing some of the highest lithium anomalies, underlies our licence.

 

In Ivory Coast, one of our applications contains historically mapped lithium occurrences in pegmatites, and lies within the area in the west of the country where recent lithium exploration has taken place.

 

 

GLOSSARY

 

Leucogranite: light coloured granitic igneous rocks low in iron and magnesium, including some pegmatites

 

Pegmatite: very coarse textured igneous rock, usually felsic

 

 

For further information, please contact:

Andrew Bell 0207 747 9990 Chairman 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

Bob Roberts 0203 8696081 Joint Broker Clear Capital Corporate Broking

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU, which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310) and is disclosed in accordance with the Company's obligations under Article 17.

 

 

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDFLFEIRDIELIV
Date   Source Headline
2nd Jun 20266:14 pmRNSHolding(s) in Company
1st Jun 20265:15 pmRNSHolding(s) in Company
1st Jun 20263:56 pmRNSJoint Venture Provisional Award
28th May 20264:05 pmRNSIssue of Equity
8th May 20261:58 pmRNSHolding(s) in Company
7th May 202612:33 pmRNSHolding(s) in Company
5th May 20263:26 pmRNSHolding(s) in Company
30th Apr 202610:31 amRNSIssue of Equity
28th Apr 202611:35 amRNSHolding(s) in Company
27th Apr 202611:32 amRNSHolding(s) in Company
8th Apr 202612:02 pmRNSHolding(s) in Company
1st Apr 20267:00 amRNSHalf-year Financial Report
23rd Mar 202612:59 pmRNSHolding(s) in Company
18th Mar 20263:12 pmRNSHolding(s) in Company
11th Mar 20265:35 pmRNSHolding(s) in Company
11th Mar 20265:35 pmRNSHolding(s) in Company
3rd Mar 20265:22 pmRNSHolding(s) in Company
2nd Mar 202610:08 amRNSHolding(s) in Company
19th Feb 20264:01 pmRNSResult of AGM
19th Feb 20263:54 pmRNSHolding(s) in Company
11th Feb 20267:00 amRNSUpdate
21st Jan 202611:43 amRNSNotice of AGM
20th Jan 20262:43 pmRNSHolding(s) in Company
30th Dec 20253:24 pmRNSHolding(s) in Company
30th Dec 20253:24 pmRNSHolding(s) in Company
22nd Dec 20257:26 amRNSFinal Results
22nd Dec 20257:26 amRNSFinal Results
19th Dec 20255:57 pmRNSIssue of Shares and Other Matters
19th Dec 20255:57 pmRNSIssue of Shares and Other Matters
19th Dec 202511:44 amRNSIssue of Shares and Warrants
19th Dec 202511:44 amRNSIssue of Shares and Warrants
25th Nov 20254:40 pmRNS-RUpdate
23rd Oct 202511:03 amRNSProgress Implementing New JV in DRC
23rd Oct 202510:25 amRNSHolding(s) in Company
15th Oct 20257:00 amRNSConditional Sale of Ivory Coast Licences
25th Sep 20255:45 pmRNSHolding(s) in Company
22nd Sep 20252:51 pmRNSUpdate on certain transactions
12th Sep 20257:00 amRNSSale of Royalty
4th Sep 202512:29 pmRNSResult of AGM
8th Aug 202511:58 amRNSNotice of AGM
5th Aug 20251:29 pmRNS-RUpdate on Burkina Faso and Ivory Coast
21st Jul 20257:00 amRNSBusiness and Financial Review
7th Jul 20254:41 pmRNSIssue of Equity
12th Jun 20257:00 amRNSUpdate
15th May 20258:04 amRNSIssue of Equity and Warrants and update on DRC
2nd May 20251:58 pmRNSIssue of Shares
29th Apr 20256:28 pmRNSShare issue under SIP, Directors' dealings and TVR
31st Mar 20255:04 pmRNSHalf-year Report
25th Feb 20255:46 pmRNSIssue of Equity, Total Voting Rights
19th Feb 20256:05 pmRNS-RUpdate on DRC proceedings

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.