The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

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)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0425
Bid: 0.04
Ask: 0.045
Change: -0.005 (-10.53%)
Spread: 0.005 (12.50%)
Open: 0.0475
High: 0.0475
Low: 0.0425
Prev. Close: 0.0475
RRR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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
8th Nov 20131:14 pmRNSUpdate
9th Oct 20134:43 pmRNSConvertible Bond Conversion
9th Oct 20134:40 pmRNSUpdate
4th Oct 20133:16 pmRNSDelisting of Jupiter Mines from ASX
20th Sep 20135:08 pmRNSGreenland Update
18th Sep 20135:43 pmRNSIssue of Convertible Note. Cancellation of options
9th Sep 20134:03 pmRNSAppointment of Broker
9th Sep 20137:00 amRNSUpdate
5th Sep 20133:48 pmRNSResource Star Ltd Update
30th Aug 20135:02 pmRNSUpdate
27th Aug 20134:28 pmRNSConvertible Bond Conversion & Options Cancellation
8th Aug 20135:23 pmRNSIssue of Shares and Convertible Note
8th Aug 20135:21 pmRNSHolding(s) in Company and Change of Name of Broker
5th Aug 20134:35 pmRNSUpdate
2nd Aug 20138:54 amRNSResource Star Ltd - Binding Term Sheet Signed
23rd Jul 201312:51 pmRNSUpdate
5th Jul 20139:07 amRNSFurther sale of shares in Jupiter Mines
2nd Jul 201310:22 amRNSBoard Change
12th Jun 20133:19 pmRNSKenya update
13th May 20137:00 amRNSPlacement of Shares
9th May 20132:24 pmRNSUpdate
4th Apr 20134:34 pmRNSIssue of Shares under Share Incentive Plan
4th Apr 201311:36 amRNSIssue of Equity
28th Mar 20137:01 amRNSHalf Yearly Report
11th Mar 20135:50 pmRNSIssue of Equity
18th Feb 20134:35 pmRNSPrice Monitoring Extension
8th Feb 20135:53 pmRNSUpdate on Proposed Sale of Interest in Greenland
1st Feb 20134:35 pmRNSPrice Monitoring Extension
1st Feb 20134:28 pmRNSIssue of Equity
29th Jan 20136:01 pmRNSGrant of Options
11th Jan 20135:55 pmRNSAdmission of Shares - Replacement
8th Jan 201312:55 pmRNSUpdate on Greenland and Jupiter
21st Dec 201211:05 amRNSOperational Update
20th Dec 20125:30 pmRNSPlacement of Shares and Loan Refinancing
19th Dec 20125:49 pmRNSPlacement of Shares
19th Dec 20125:49 pmRNSGreenland Havik JORC Mineral Resource Estimate
17th Dec 20127:00 amRNSIssue of Equity
14th Dec 20122:13 pmRNSKenya update
6th Dec 20125:14 pmRNSGreenland update
29th Nov 20121:51 pmRNSResult of AGM
28th Nov 201212:01 pmRNSProposed Sale of Interest in NAMA Greenland Ltd.
21st Nov 201212:43 pmRNSJupiter Mines update
21st Nov 201211:15 amRNSIssue of Equity
14th Nov 201212:09 pmRNSUpdate
8th Nov 20121:59 pmRNSJupiter Mines - Mt Ida Project Update
29th Oct 20122:18 pmRNSGreenland Update
19th Oct 20127:00 amRNSFinal Results
17th Oct 20126:15 pmRNSSale of Shares in Jupiter Mines
16th Oct 20126:23 pmRNSGreenland Update
16th Oct 20121:43 pmRNSJupiter Mines Announcement

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.