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
0.0245    -0.0005 (-2.00%)
Bid:
0.023
Ask:
0.026
Spread: 0.003 (13.043%)
Market Cap: £2.35m
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
12th Jun 20177:00 amRNSUpdate
5th Jun 20179:20 amRNSJupiter Mines: update
3rd May 20173:30 pmRNSTotal Voting Rights
25th Apr 20176:11 pmRNSHolding(s) in Company
13th Apr 20173:45 pmRNSHolding(s) in Company
6th Apr 201710:53 amRNSIncentive plan share issue, Directors' dealings
5th Apr 20173:38 pmRNSColombia Update
22nd Mar 20174:37 pmRNSUnaudited half-yearly results
14th Mar 201712:13 pmRNSJupiter Mines: appointment of financial adviser
13th Mar 201712:31 pmRNSReplacement: Jupiter Mines: Update
13th Mar 201710:57 amRNSJupiter Mines: Update
22nd Feb 20177:00 amRNSUpdate - Shoats Creek
6th Feb 20178:18 amRNSHolding(s) in Company
23rd Jan 20177:07 amRNSColumbia Update
23rd Jan 20177:00 amRNSJupiter Mines:Equal Access Buy Back
16th Jan 20177:00 amRNSGrant of Options, Directors' Shareholdings
12th Jan 20177:00 amRNSShoats Creek Update
10th Jan 20172:22 pmRNSHolding(s) in Company
30th Dec 201611:37 amRNSResult of AGM
13th Dec 20167:00 amRNSUpdate on investments
12th Dec 20162:30 pmRNSHolding(s) in Company
1st Dec 20167:00 amRNSFinal Results
21st Nov 20167:00 amRNSJupiter Mines: US$55m Distribution to Shareholders
14th Oct 201611:00 amRNSUpdate - gas production at Shoats Creek
19th Sep 20162:57 pmRNSHolding(s) in Company
7th Sep 20162:18 pmRNSHolding(s) in Company
5th Sep 201611:05 amRNSSecond Price Monitoring Extn
5th Sep 201611:00 amRNSPrice Monitoring Extension
5th Sep 20167:00 amRNSUpdate
31st Aug 20166:24 pmRNSTotal Voting Rights
24th Aug 20167:00 amRNSStrategic Financing and TVR
16th Aug 20167:00 amRNSUpdate
28th Jul 20169:57 amRNSAcquisition of Further Interest in Goldstone
28th Jul 20167:01 amRNSShoats Creek Update
14th Jul 20169:00 amRNSShoats Creek Operations Update
1st Jul 201612:04 pmRNSUpdate on El Limon
20th Jun 20169:05 amRNSSecond Price Monitoring Extn
20th Jun 20169:00 amRNSPrice Monitoring Extension
16th Jun 20164:55 pmRNSDirectors Dealings
14th Jun 20162:22 pmRNSCancellation and Re-issue of Options
8th Jun 20167:35 amRNSShoats Creek Update
17th May 201611:19 amRNSHolding(s) in Company
11th May 20167:00 amRNSUpdate - Colombia
5th May 20167:00 amRNSTransaction completion and operational update
29th Apr 201611:00 amRNSFinancing, Directors Dealings and TVR
28th Apr 201611:00 amRNSAcquisition of Share Interest, Issue of Shares
14th Apr 20161:35 pmRNSDirector/PDMR Shareholding
14th Apr 20167:00 amRNSDirector/PDMR Shareholding
13th Apr 20163:48 pmRNSHolding(s) in Company
12th Apr 201611:46 amRNSHolding(s) in Company

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.