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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
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

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