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
4th May 20207:00 amRNSHolding(s) in Company
4th May 20207:00 amRNSChange of Board Role
29th Apr 20201:45 pmRNSJupiter preliminary results and dividend declared
29th Apr 20207:00 amRNSAustralian Joint Venture
14th Apr 202010:02 amRNSRe-start of production at Jupiter Mines
9th Apr 20203:25 pmRNSIssue of Shares
31st Mar 202010:58 amRNSTotal Voting Rights
31st Mar 20207:00 amRNSHalf-year Report
25th Mar 20205:20 pmRNSHolding(s) in Company
25th Mar 202010:05 amRNSImpact on COVID-19 Pandemic
20th Mar 202011:53 amRNSUpdate on admission of shares
12th Mar 20204:44 pmRNSSecond Price Monitoring Extn
12th Mar 20204:37 pmRNSPrice Monitoring Extension
10th Mar 20206:00 pmRNSUpdate on Central Africa and Issue of Equity
25th Feb 20207:00 amRNSDRC Copper and Cobalt Exploration Update
7th Feb 20203:03 pmRNSHolding(s) in Company
3rd Feb 20205:35 pmRNSHolding(s) in Company
29th Jan 20203:56 pmRNSResult of AGM
7th Jan 20207:00 amRNSJupiter Mines - Update
31st Dec 201911:01 amRNSHolding(s) in Company
24th Dec 20197:00 amRNSFinal Results
17th Dec 20194:58 pmRNSRenewal of Convertible Loan Notes
31st Oct 201911:04 amRNSJupiter Mines - update and dividend declaration
30th Oct 20197:00 amRNSAppointment of Corporate Broker
23rd Oct 201911:44 amRNSHolding(s) in Company
19th Sep 20197:00 amRNSUpdate on Kenyan Interests
9th Sep 20197:00 amRNSJupiter Mines - Update
2nd Aug 201912:25 pmRNSJupiter Mines - Update
12th Jul 20194:40 pmRNSSecond Price Monitoring Extn
12th Jul 20194:35 pmRNSPrice Monitoring Extension
3rd Jun 20197:00 amRNSHolding(s) in Company
29th May 20196:27 pmRNSHolding(s) in Company
28th May 20192:26 pmRNSHolding(s) in Company
23rd May 20199:01 amRNSJupiter Mines update
1st May 20192:58 pmRNSTotal Voting Rights
30th Apr 20191:36 pmRNSJupiter Mines - Update
30th Apr 20197:00 amRNSHolding(s) in Company
23rd Apr 20196:25 pmRNSIssue of Equity
12th Apr 20194:10 pmRNSHolding(s) in Company
29th Mar 20197:00 amRNSHalf-year Report
26th Mar 20192:06 pmRNSJupiter Mines - strategic review of iron ore
11th Mar 20192:58 pmRNSHolding(s) in Company
6th Mar 201912:03 pmRNSCobalt/Copper Joint Venture - Congo
19th Feb 20193:02 pmRNSDividend Announcement by Jupiter Mines
13th Feb 20192:05 pmRNSHolding(s) in Company
12th Feb 20197:00 amRNSAnnouncement by Jupiter Mines
7th Feb 20194:42 pmRNSDirector/PDMR Shareholding
5th Feb 20191:23 pmRNSUpdate
4th Feb 20194:40 pmRNSSecond Price Monitoring Extn
4th Feb 20194:35 pmRNSPrice Monitoring Extension

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.