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Last checked at 
9 Oct 2013 16:40
9 October 2013
Red Rock Resources plc
("Red Rock" or the "Company")
Update
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 20 September 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 is now progressing towards the execution of all the relevant documentation with the Investor. Further announcements will be made in due course.
Colombia
The potential buyer has now visited the mine and the Company's management expect to receive an offer for the asset. Meanwhile the Company has received additional expressions of interest, and a good level of production is being maintained. A drill has arrived on site at El Limon preparatory to a drill programme to establish potential resource and exploration areas.
Kenya
Work is beginning on a Scoping Study on the MK and Nyanza areas of the Mikei Gold Project at Migori, Kenya. This work will provide management with the detail on which a decision to prioritise one area for advanced feasibility can be made.
Enquiries:
Andrew Bell | 020 747 9990 or 07766 474849 | Red Rock Resources plc | Chairman |
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Colin Aaronson, David Hignell & Ed Thomas | 020 7383 5100 | Grant Thornton UK LLP
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Nick Emerson | 01483 413500 | SI Capital Limited | AIM Broker |
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Guy Wheatley | 020 7382 8416 | Beaufort Securities Ltd | Joint Broker |
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Rupert Trefgarne | 020 3128 8817 | MHP Communications | Media Relations |
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