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

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
4th Feb 202512:24 pmRNSHolding(s) in Company
31st Jan 202511:45 amRNSIssue of Shares and Warrants
29th Jan 20254:17 pmRNSDRC Update, Equity Issue, Convertible extension
24th Jan 20258:00 amRNSFollow up - DRC Arbitration
23rd Jan 20252:13 pmRNSHolding(s) in Company
21st Jan 20252:12 pmRNSHolding(s) in Company
15th Jan 20251:04 pmRNSFollow up - DRC
31st Dec 202410:42 amRNSIssue of Shares and Warrants, Total Voting Rights
13th Dec 20241:52 pmRNSFinal Results
11th Dec 20247:50 amRNSUpdate – Australian Gold Project
22nd Nov 20245:44 pmRNSHolding(s) in Company
18th Nov 20247:45 amRNSUpdate
6th Nov 20247:00 amRNSUpdate of Major Interests - Follow Up
23rd Oct 20247:00 amRNSIssue of Equity
14th Oct 20247:05 amRNS-RUpdate
10th Oct 20243:32 pmRNSResult of Meeting
7th Oct 20247:00 amRNSUpdate of major interests
27th Sep 202410:46 amRNSHolding(s) in Company
26th Sep 20244:37 pmRNSShare Subscription, TVR
23rd Sep 20242:45 pmRNSNotice of GM
16th Sep 20247:00 amRNSIvory Coast - Update
28th Aug 20245:02 pmRNSHolding(s) in Company
27th Aug 20247:00 amRNSShare Subscription
27th Aug 20247:00 amRNSReplacement: Extension of Convertible Notes
23rd Aug 20248:40 amRNSExtension of Convertible Notes, Issue of Shares
16th Aug 20244:28 pmRNSIssue of Equity, Total Voting Rights
16th Aug 202412:17 pmRNSUpdate on Australian Assets
30th Jul 202412:48 pmRNSHolding(s) in Company
15th Jul 20242:05 pmRNSHolding(s) in Company
10th Jul 202412:58 pmRNSHolding(s) in Company
4th Jul 20243:08 pmRNSShare Subscription, Total Voting Rights
3rd Jul 20246:26 pmRNSIssue of Equity, Total Voting Rights
26th Jun 20245:25 pmRNSHolding(s) in Company
19th Jun 202410:16 amRNSCompletion of Purchase and Issue of Shares
12th Jun 20243:30 pmRNSVictoria Gold Assets - update on Agreement
10th Jun 20241:48 pmRNSUpdate on Burkina Faso, Australia and DRC
10th Jun 20247:00 amRNSUpdate on Agreement
31st May 20242:32 pmRNSHolding(s) in Company
29th Apr 20248:19 amRNSUpdate
22nd Apr 20247:00 amRNSIssue of Equity, Directors' Dealings and TVR
11th Apr 20247:00 amRNSIssue of Equity
5th Apr 20247:00 amRNSDRC and Gold Assets Update
28th Mar 20247:00 amRNSHalf-year Report
13th Mar 20247:59 amRNSConditional agreement, Australian gold subsidiary
6th Mar 20247:00 amRNSDRC and Gold Assets Update
27th Feb 20247:00 amRNSCo-operation in Next Phase at Bilbale
20th Feb 20243:26 pmRNSHolding(s) in Company
19th Feb 20247:00 amRNSResult of AGM
14th Feb 202412:21 pmRNSDRC and Australia Gold Asset Update
7th Feb 20246:10 pmRNSHolding(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.