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Market Cap: £2.39m
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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
8th Aug 20135:21 pmRNSHolding(s) in Company and Change of Name of Broker
5th Aug 20134:35 pmRNSUpdate
2nd Aug 20138:54 amRNSResource Star Ltd - Binding Term Sheet Signed
23rd Jul 201312:51 pmRNSUpdate
5th Jul 20139:07 amRNSFurther sale of shares in Jupiter Mines
2nd Jul 201310:22 amRNSBoard Change
12th Jun 20133:19 pmRNSKenya update
13th May 20137:00 amRNSPlacement of Shares
9th May 20132:24 pmRNSUpdate
4th Apr 20134:34 pmRNSIssue of Shares under Share Incentive Plan
4th Apr 201311:36 amRNSIssue of Equity
28th Mar 20137:01 amRNSHalf Yearly Report
11th Mar 20135:50 pmRNSIssue of Equity
18th Feb 20134:35 pmRNSPrice Monitoring Extension
8th Feb 20135:53 pmRNSUpdate on Proposed Sale of Interest in Greenland
1st Feb 20134:35 pmRNSPrice Monitoring Extension
1st Feb 20134:28 pmRNSIssue of Equity
29th Jan 20136:01 pmRNSGrant of Options
11th Jan 20135:55 pmRNSAdmission of Shares - Replacement
8th Jan 201312:55 pmRNSUpdate on Greenland and Jupiter
21st Dec 201211:05 amRNSOperational Update
20th Dec 20125:30 pmRNSPlacement of Shares and Loan Refinancing
19th Dec 20125:49 pmRNSPlacement of Shares
19th Dec 20125:49 pmRNSGreenland Havik JORC Mineral Resource Estimate
17th Dec 20127:00 amRNSIssue of Equity
14th Dec 20122:13 pmRNSKenya update
6th Dec 20125:14 pmRNSGreenland update
29th Nov 20121:51 pmRNSResult of AGM
28th Nov 201212:01 pmRNSProposed Sale of Interest in NAMA Greenland Ltd.
21st Nov 201212:43 pmRNSJupiter Mines update
21st Nov 201211:15 amRNSIssue of Equity
14th Nov 201212:09 pmRNSUpdate
8th Nov 20121:59 pmRNSJupiter Mines - Mt Ida Project Update
29th Oct 20122:18 pmRNSGreenland Update
19th Oct 20127:00 amRNSFinal Results
17th Oct 20126:15 pmRNSSale of Shares in Jupiter Mines
16th Oct 20126:23 pmRNSGreenland Update
16th Oct 20121:43 pmRNSJupiter Mines Announcement
15th Oct 20126:16 pmRNSIssue of Shares under SIP - Replacement
5th Oct 20124:40 pmRNSSecond Price Monitoring Extn
5th Oct 20124:35 pmRNSPrice Monitoring Extension
2nd Oct 201211:55 amRNSColombia Update
20th Sep 20125:42 pmRNSMigori Project Regional Exploration Update
19th Sep 201212:59 pmRNSIssue of Equity
12th Sep 20125:09 pmRNSGreenland Update
5th Sep 201211:43 amRNSJupiter Mines Limited
3rd Sep 20124:40 pmRNSSecond Price Monitoring Extn
3rd Sep 20124:35 pmRNSPrice Monitoring Extension
29th Aug 20121:01 pmRNSFurther Drilling Results from Greenland
20th Aug 20122:12 pmRNSPlacement and Equity Swap

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