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Update

11 Feb 2026 07:00

RNS Number : 4889S
Red Rock Resources plc
11 February 2026
 

Red Rock Resources PLC

("Red Rock" or the "Company")

Update

 

11 February 2026

 

Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, base and battery metals, and hydrocarbons principally in Africa and Australia announces an update, further to those of 23 October 2025, 25 November 2025 particularly as they relate to developments in the Democratic Republic of Congo ("DRC"), and further to the Annual Report published on 22 December 2025.

DRC

JV

It was noted on 23rd October 2025 and 25th November 2025 that pursuant to the Koto Red Rock JV the Company and its partners were seeking to identify appropriate copper-cobalt and gold licences and expected shortly to visit some of the short-listed licences, and that updates would be issued.

The Company was looking for (a) a grant pursuant to the JV's partnership with Government agencies; plus either (b) licences it might take over and hold in its own name, or/and (c) licences it might acquire through private treaty.

A number of possibilities have been reviewed or have resulted in exploratory meetings. The Company has recently signed an NDA and started its due diligence assessment involving external consultants of a privately held potential copper-cobalt mining project in the Kambove region of Katanga.

DRC Litigation

A judgment and conclusion of the proceedings between the Company and VUP as referred to in the Company's previous announcements remains pending, and the Company is confident that its position will be upheld.

Other

In the last two weeks the Company through Red Rock Australasia Ltd has applied for renewal of two licences in Victoria, made partial surrenders in relation to one of those licences and a total surrender of a third small licence isolated from the Company's other properties, and has brought in another company to share office costs. As part of this rationalisation and forward planning, the Company expects to receive the final draft of a third party professional assessment of its licences and of alternative options going forward. At the same time the Company has begun discussions with potential regional partners.

In the last two weeks in Kenya the Company through its local representative has progressed the renewal discussions on its gold assets to the point where it hopes to arrive at an outcome that will allow activities to restart with the aim of obtaining production licences.

Red Rock chairman Andrew Bell comments: "The DRC licence on which we have signed an NDA requires some due diligence, following which we will make a further announcement. There is a possibility that we may have identified a licence which meets our requirements for all potential copper/cobalt projects in the DRC, which are (1) that they should be first class in terms of prospective grade and size, (2) that they are with a reliable counterparty that will agree reasonable terms, and (3) that they should be able to generate production either immediately or on a short timeframe.

We continue to review other licence opportunities.

We see enough opportunities to that we shall be able to identify and access quality projects there, as we have done before. Dealing with private parties offers the opportunity to move quickly, while the World continues to need more copper."

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

Bob Roberts 0203 8696081 Broker Clear Capital Corporate Broking

 

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Date   Source Headline
2nd Jun 20266:14 pmRNSHolding(s) in Company
1st Jun 20265:15 pmRNSHolding(s) in Company
1st Jun 20263:56 pmRNSJoint Venture Provisional Award
28th May 20264:05 pmRNSIssue of Equity
8th May 20261:58 pmRNSHolding(s) in Company
7th May 202612:33 pmRNSHolding(s) in Company
5th May 20263:26 pmRNSHolding(s) in Company
30th Apr 202610:31 amRNSIssue of Equity
28th Apr 202611:35 amRNSHolding(s) in Company
27th Apr 202611:32 amRNSHolding(s) in Company
8th Apr 202612:02 pmRNSHolding(s) in Company
1st Apr 20267:00 amRNSHalf-year Financial Report
23rd Mar 202612:59 pmRNSHolding(s) in Company
18th Mar 20263:12 pmRNSHolding(s) in Company
11th Mar 20265:35 pmRNSHolding(s) in Company
11th Mar 20265:35 pmRNSHolding(s) in Company
3rd Mar 20265:22 pmRNSHolding(s) in Company
2nd Mar 202610:08 amRNSHolding(s) in Company
19th Feb 20264:01 pmRNSResult of AGM
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11th Feb 20267:00 amRNSUpdate
21st Jan 202611:43 amRNSNotice of AGM
20th Jan 20262:43 pmRNSHolding(s) in Company
30th Dec 20253:24 pmRNSHolding(s) in Company
30th Dec 20253:24 pmRNSHolding(s) in Company
22nd Dec 20257:26 amRNSFinal Results
22nd Dec 20257:26 amRNSFinal Results
19th Dec 20255:57 pmRNSIssue of Shares and Other Matters
19th Dec 20255:57 pmRNSIssue of Shares and Other Matters
19th Dec 202511:44 amRNSIssue of Shares and Warrants
19th Dec 202511:44 amRNSIssue of Shares and Warrants
25th Nov 20254:40 pmRNS-RUpdate
23rd Oct 202511:03 amRNSProgress Implementing New JV in DRC
23rd Oct 202510:25 amRNSHolding(s) in Company
15th Oct 20257:00 amRNSConditional Sale of Ivory Coast Licences
25th Sep 20255:45 pmRNSHolding(s) in Company
22nd Sep 20252:51 pmRNSUpdate on certain transactions
12th Sep 20257:00 amRNSSale of Royalty
4th Sep 202512:29 pmRNSResult of AGM
8th Aug 202511:58 amRNSNotice of AGM
5th Aug 20251:29 pmRNS-RUpdate on Burkina Faso and Ivory Coast
21st Jul 20257:00 amRNSBusiness and Financial Review
7th Jul 20254:41 pmRNSIssue of Equity
12th Jun 20257:00 amRNSUpdate
15th May 20258:04 amRNSIssue of Equity and Warrants and update on DRC
2nd May 20251:58 pmRNSIssue of Shares
29th Apr 20256:28 pmRNSShare issue under SIP, Directors' dealings and TVR
31st Mar 20255:04 pmRNSHalf-year Report
25th Feb 20255:46 pmRNSIssue of Equity, Total Voting Rights
19th Feb 20256:05 pmRNS-RUpdate on DRC proceedings

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