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Update

30 Aug 2013 17:02

RNS Number : 9252M
Red Rock Resources plc
30 August 2013
 



Red Rock Resources plc

("Red Rock" or the "Company")

Update

 

30 August 2013

Red Rock Resources Plc, the mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia, and advanced gold and copper exploration in Kenya, announces an update on operations and developments.

Greenland

Further to the Company's announcement on 5 August 2013, in relation to an offer by a third party for a controlling interest in Nama Greenland Limited a company 60% owned by Red Rock (the "Offer"), the Company has been advised that the transaction has been proceeding on track, and the Company will make a further announcement next week.

Resource Star Limited

 

Further to the Company's announcement on 5 August 2013, Resource Star Limited (ASX:RSL), where Red Rock holds 38.6% of the issued shares, had announced a transaction whereby it would buy in to a rework programme on Texan oil wells, and the due diligence is being conducted by Red Rock. The due diligence team has mobilised to Texas and started work. The transaction is subject to approval by Resource Star shareholders.

 

Colombia

 

Further to the Letter of Intent issued by Ashmont Resources Corporation on 17 July 2012, in relation to a proposed disposal of the Company's interest in Four Points Mining Ltd, whose principal asset is the El Limon gold mine in Antioquia, Colombia, Ashmont is preparing to visit the mine next week and, subject to agreement with Red Rock, to issue a definitive term sheet for the purchase.

 

Enquiries:

Andrew Bell

020 7747 9990 or

07766 474849

Red Rock Resources plc

Chairman

Sandra Spencer

020 7747 9990 or

07757 660798

 

Red Rock Resources plc

Press Relations

Colin Aaronson/David Hignell/Ed Thomas

020 7383 5100

Grant Thornton

UK LLP

 

Nominated Adviser

 

Nick Emerson

01483 413500

SI Capital Ltd

Broker

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFIRTLIIVIV
Date   Source Headline
1st Aug 20147:00 amRNSUpdate - Resource Star Limited
25th Jul 201412:09 pmRNSSale of Colombian Interests - Update
18th Jul 20145:13 pmRNSSale of Colombian Interests - Update
10th Jul 201411:01 amRNSHolding(s) in Company
25th Jun 20145:23 pmRNSHolding(s) in Company
25th Jun 20147:00 amRNSConvertible Bond Conversion
12th Jun 20147:00 amRNSHolding(s) in Company
10th Jun 20147:00 amRNSHolding(s) in Company
6th Jun 20147:00 amRNSJupiter Mines Ltd Update
2nd Jun 201412:43 pmRNSHolding(s) in Company
30th May 20145:44 pmRNSConvertible Loan Note Conversion & Issue of Equity
29th May 201411:53 amRNSPositive Update From Migori Project, Kenya
13th May 20147:00 amRNSProposed Sale of Colombian Interests
8th May 20147:00 amRNSHolding(s) in Company
2nd May 20141:15 pmRNSUpdate - Colombia
30th Apr 201412:36 pmRNSIssue of Convertible Note
28th Apr 20149:48 amRNSHolding(s) in Company
8th Apr 20144:56 pmRNSHolding(s) in Company
8th Apr 20144:41 pmRNSUpdate - Resource Star Limited
7th Apr 20146:19 pmRNSIssue of shares under SIP and Directors' Dealings
4th Apr 20145:33 pmRNSUpdate - Ivory Coast Exploration and Other
31st Mar 20147:00 amRNSInterim Results
4th Mar 201410:13 amRNSPrivate Placing and Exploration Investment
24th Feb 20145:53 pmRNSConvertible Bond Conversion
30th Jan 20143:01 pmRNSIssue of Shares under SIP and Directors' Dealings
24th Jan 20145:54 pmRNSConvertible Bond Conversion
21st Jan 20147:00 amRNSPlacing
17th Jan 201412:26 pmRNSUpdate - Kenya and Colombia
14th Jan 20145:11 pmRNSInvestment in Jupiter Mines Shares
31st Dec 201311:57 amRNSDirectorate Change
30th Dec 20131:01 pmRNSResult of AGM
20th Dec 201312:58 pmRNSCompletion of two year bond issuance
11th Dec 201310:48 amRNSExploration Update - Migori Project, Kenya
3rd Dec 20132:39 pmRNSPlacing and Investment in Jupiter Mines Shares
29th Nov 201312:02 pmRNSFinal Results
28th Nov 201312:03 pmRNSOffer of Secured Two Year Bond
21st Nov 20139:11 amRNSNotice of General Meeting and Convertible Note
14th Nov 20131:59 pmRNSIssue of Shares & Purchase of Jupiter Mines Shares
8th Nov 20131:14 pmRNSUpdate
9th Oct 20134:43 pmRNSConvertible Bond Conversion
9th Oct 20134:40 pmRNSUpdate
4th Oct 20133:16 pmRNSDelisting of Jupiter Mines from ASX
20th Sep 20135:08 pmRNSGreenland Update
18th Sep 20135:43 pmRNSIssue of Convertible Note. Cancellation of options
9th Sep 20134:03 pmRNSAppointment of Broker
9th Sep 20137:00 amRNSUpdate
5th Sep 20133:48 pmRNSResource Star Ltd Update
30th Aug 20135:02 pmRNSUpdate
27th Aug 20134:28 pmRNSConvertible Bond Conversion & Options Cancellation
8th Aug 20135:23 pmRNSIssue of Shares and Convertible Note

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