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
0.025    -0.0005 (-1.96%)
Bid:
0.024
Ask:
0.026
Spread: 0.002 (8.333%)
Market Cap: £2.39m
RRR Live PriceLast checked at - London Stock Exchange

Intraday Red Rock Resources Share Chart

Operations update

9 Dec 2020 07:00

RNS Number : 9906H
Red Rock Resources plc
09 December 2020
 

Red Rock Resources PLC

("Red Rock" or the "Company")

Operations update

 

9 December 2020

 

Red Rock Resources Plc, the natural resource development company with interests in gold, copper, cobalt, manganese, and other minerals, provides an update on operations.

Democratic Republic of Congo

· In the DRC, the Company expects to finish the first phase of its geophysical exploration programme at the copper-cobalt prospect at Kisinka near Lubumbashi this week, with the completion of the planned 70.95 KmL ground magnetic survey;

· The schedule has then been revised to allow the results to be analysed while the contractor carries out a nearby job before returning to conduct a 12 KmL induced polarisation survey;

· Work will resume at the Kolwezi joint venture where a significant copper-cobalt deposit has been delineated in order to bring the identified mineralisation envelope into compliance with a modern reporting code;

· Exploration programmes are being planned for two other highly prospective assets forming part of the joint venture.

Kenya

· CSA Global (UK) Limited continue the work of updating the 1.2m oz gold Mineral Resource Estimate declared under JORC 2004 to JORC 2012;

· Camp and vehicle refurbishment have now been completed;

· A geoscientist and a community relations officer have been recruited in country and a process of stakeholder engagement and data review is under way as plans for the new year are developed;

· An experienced francophone London-based geologist and data manager has been recruited to start work in January for this and the Congolese projects.

Australia

· The team at Red Rock Australasia Pty Ltd (RRAL) in Ballarat, Victoria, has been strengthened with the addition of a community engagement officer, Kiara Reddingius. Kiara has a degree in Environmental Science and Mathematical Modelling and mining industry experience, and is a Level 1 Athletics Coach and an international heptathlete;

· RRAL continues its technical preparation so that exploration can begin on the first licenses immediately upon grant.

Red Rock Chairman Andrew Bell comments: "Everything is lining up for an active 2021 and we are pleased with the progress on all fronts. In each jurisdiction, as we move from the regulatory issues associated with grant and contract registration to operational issues, the timing comes under our direct control and we can pick up the pace.

Everywhere we do careful preparation, and everywhere we attach great importance to the early establishment of strong community relations and a culture of compliance with environmental law and best practice.

We believe we have exceptional projects, and with good science and good exploration we can bring their potential to light.

Our listed investment interests, on which we shall report separately, continue to prosper."

The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No.596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

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

Mark Treharne 0203 700 2500 Broker Pello Capital Limited

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
 
 
UPDBCBDDIUGDGGI
Date   Source Headline
7th Apr 20167:00 amRNSIssue of Shares and Directors' Dealings
31st Mar 20167:00 amRNSUnaudited half-yearly results period ended 31 Dec
24th Mar 20167:00 amRNSShoats Creek Update
7th Mar 20167:00 amRNSShoats Creek Update
22nd Feb 20167:00 amRNSUpdate and significant shareholding
2nd Feb 20167:00 amRNSInfrastructure and production at Shoats Creek
1st Feb 20166:30 pmRNSGrant of Options and Directors' Shareholdings
1st Feb 20161:36 pmRNSTotal Voting Rights
29th Jan 20167:00 amRNSPartial sale of holding, update
22nd Jan 20164:24 pmRNSShare Incentive Plan and Directors' Dealings
20th Jan 20167:00 amRNSInvestment
31st Dec 201512:04 pmRNSTotal Voting Rights
30th Dec 201512:07 pmRNSHolding(s) in Company
29th Dec 20155:56 pmRNSPartial Sale of Holding
21st Dec 20152:47 pmRNSResult of AGM, Board change Capital reorganisation
18th Dec 201511:21 amRNSDirector/PDMR Shareholding
16th Dec 20151:11 pmRNSLoan Repayment and Update
14th Dec 20156:05 pmRNSIssue of Equity
10th Dec 20157:00 amRNSUpdate on Star Striker Limited
2nd Dec 20157:00 amRNSPartial sale of holding
27th Nov 20155:40 pmRNSUpdate on Shoats Creek Oil Project
17th Nov 201512:49 pmRNSOperations Update
12th Nov 20159:49 amRNSFinal Results for the Year Ended 30 June 2015
9th Nov 20155:46 pmRNSTotal Voting Rights
5th Nov 20157:00 amRNSUpdate on Star Striker Ltd
28th Oct 20157:00 amRNSOption to Invest in Shoats Creek
19th Oct 201511:32 amRNSHolding(s) in Company
16th Oct 20157:01 amRNSHolding(s) in Company
16th Oct 20157:00 amRNSHolding(s) in Company
9th Oct 20152:34 pmRNSConvertible Note Conversion
5th Oct 20157:00 amRNSUpdate; Restructuring
21st Sep 20154:46 pmRNSOperations Update
4th Sep 20155:59 pmRNSConvertible Loan Note
1st Sep 20156:26 pmRNSTotal Voting Rights
27th Jul 201511:10 amRNSHolding(s) in Company
15th Jul 20156:08 pmRNSHolding(s) in Company
13th Jul 20157:00 amRNSFinal Tranche of Subscription Shares
8th Jul 20156:18 pmRNSUpdate on Subscription and Directors' Dealings
8th Jul 20157:00 amRNSInvestment and Share Subscription
30th Jun 20154:40 pmRNSSecond Price Monitoring Extn
30th Jun 20154:35 pmRNSPrice Monitoring Extension
30th Jun 20154:22 pmRNSBoard Changes
30th Jun 20151:10 pmRNSUpdate on Resource Star Ltd
26th Jun 20153:43 pmRNSUpdate
26th Jun 20157:00 amRNSOption to invest in Elephant Oil Limited
27th May 201510:10 amRNSUpdate
15th May 20156:22 pmRNSCompletion of Colombian Sale and Update
7th May 20157:00 amRNSKenya Update
1st May 20157:00 amRNSColombian Gold Assets - Sale Agreement
23rd Apr 20154:44 pmRNSConvertible Note Conversion

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.