Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRed Rock Resources Regulatory News (RRR)

Share Price Information for Red Rock Resources (RRR)

Share Price is delayed by 15 minutes
Get Live Data
0.0245    -0.0005 (-2.00%)
Bid:
0.023
Ask:
0.026
Spread: 0.003 (13.043%)
Market Cap: £2.35m
RRR Live PriceLast checked at - London Stock Exchange

Intraday Red Rock Resources Share Chart

Update re Jupiter Mines

14 Oct 2010 08:46

RNS Number : 3788U
Red Rock Resources plc
14 October 2010
 



RED ROCK RESOURCES PLC

Update re Jupiter Mines

Dated: 14 October 2010

Red Rock Resources plc ("Red Rock" or the "Company"), the gold mining and exploration company with projects in Kenya and Colombia, and interests in steel feed and uranium, reports on progress at Jupiter Mines Ltd's Tshipi Kalahari Manganese Project ("Tshipi") and on Jupiter's Mt Ida Project. Red Rock has 83,794,165 shares in Jupiter Mines Ltd (ASX: JMS; "Jupiter"), a 22.64 per cent shareholding which will reduce to 5.23 per cent on completion of Jupiter's acquisition of a 49.9 per cent interest in Tshipi.

Jupiter today released an update on its Tshipi acquisition and announced an exploration update on its Mt Ida project.

Closing of the Tshipi acquisition is imminent with the approval of the transfer of the Tshipi Bokone prospecting permit now approved by the Department of Mineral Resources. A Tshipi manager has also been appointed. On completion of the acquisition of its 49.9 per cent stake in Tshipi, Jupiter will have 1,602,150,501 shares in issue, capitalising Jupiter at approximately A$528 million at its closing price today of A$0.33 per share.

At Mt Ida, Jupiter announced:

·; Structural mapping completed over the Mt Ida Banded Iron Formation

·; The 11,000 metre RC drill program is approximately 70% complete

·; Davis Tube Recovery Testwork on the first seven drill holes have been completed

·; Concentrate weight recoveries of up to 52% and grades of 69% FE being achieved

·; Targeting 400Mtonnes of JORC compliant inferred resource by year end.

The full text of the announcements, together with a presentation on Jupiter's steel feed corporation, may be accessed via http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=JMS

Enquiries:

Andrew Bell

 

 

0207 402 4580 or 07766 474849

 

 Red Rock Resources plc

Chairman

Sandra Spencer

 

0207 402 4580 or 07757 660 798

 

Red Rock Resources plc

Public and Investor Relations

Peter Trevelyan-Clark/ Ben Jeynes

 

020 7444 0800

Religare Capital Markets

Nominated Adviser

Nick Emerson

 

01483 413500

Simple Investments Ltd

Broker

 

Updates on the Company's activities are regularly posted on its website, www.rrrplc.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUSABRRKARARA
Date   Source Headline
22nd Mar 201812:12 pmRNSHolding(s) in Company
20th Mar 20187:00 amRNSJupiter - buy back completed, prospectus published
15th Mar 20184:58 pmRNSHolding(s) in Company
9th Mar 20181:03 pmRNSIssue of Equity and Total Voting Rights
22nd Feb 201811:29 amRNSIssue of Equity and Total Voting Rights
21st Feb 20187:00 amRNSSteelmin repays Red Rock Loan
31st Jan 20187:00 amRNSUpdate and TVR
22nd Jan 20189:19 amRNSJupiter Mines - Further Buy-Back
18th Jan 20187:00 amRNSUpdate on Steelmin
3rd Jan 20187:15 amRNSAlign Research coverage initiation
3rd Jan 20187:00 amRNSHolding(s) in Company
22nd Dec 201712:30 pmRNSResult of AGM
21st Dec 20174:59 pmRNSIssue of Equity, Directors' Dealings and TVR
18th Dec 20179:32 amRNSDirectors' Dealings
15th Dec 201710:07 amRNSDirectors' Dealings
14th Dec 20172:49 pmRNSHolding(s) in Company
14th Dec 20179:58 amRNSIssue of Convertible Notes and Warrants
12th Dec 20175:51 pmRNSIssue of Convertible Notes and Warrants
11th Dec 201712:32 pmRNSHolding(s) in Company
6th Dec 20176:23 pmRNSPosting of Annual Financial Report & Notice of AGM
6th Dec 201710:13 amRNSJupiter Mines Interim Results
5th Dec 201710:40 amRNSJupiter Mines Update
5th Dec 20177:00 amRNSFurther Extension of Due Diligence Period
23rd Nov 20173:56 pmRNSAnnual Financial Report
17th Nov 20175:48 pmRNSHolding(s) in Company
17th Nov 20172:26 pmRNSHolding(s) in Company
16th Nov 20177:00 amRNSJupiter Mines Update
10th Nov 20177:00 amRNSIssue of Convertible Loans and Warrants
3rd Nov 20175:06 pmRNSExtension of Due Diligence Period
1st Nov 20177:00 amRNSChange of Broker
31st Oct 20177:00 amRNSIssue of Equity and TVR
18th Oct 20174:33 pmRNSDue Diligence Process on Potential JV
9th Oct 20174:10 pmRNSDirector/PDMR Shareholding
9th Oct 20177:00 amRNSIssue of Shares under Share Incentive Plan
29th Sep 20175:02 pmRNSHolding(s) in Company
28th Sep 20177:00 amRNSJupiter Mines Buy-Back Update
26th Sep 201711:50 amRNSConditional JV to develop cobalt/copper tailings
22nd Sep 201712:04 pmRNSHolding(s) in Company
20th Sep 201711:04 amRNSRepayment on Loan Note
15th Sep 20179:21 amRNSHolding(s) in Company
11th Sep 201712:09 pmRNSJupiter Mines Buy-Back
8th Sep 20177:00 amRNSUpdate on Steelmin Investment
6th Sep 201712:42 pmRNSShoats Creek Update
31st Jul 20177:00 amRNSJupiter Mines: Update
21st Jul 201711:52 amRNSShoats Creek Update
14th Jul 20177:00 amRNSJupiter Mines: Update
3rd Jul 201711:19 amRNSUpdate on Steelmin Limited Investment
28th Jun 20173:29 pmRNSHolding(s) in Company
27th Jun 20171:57 pmRNSJupiter Mines: Update
23rd Jun 20177:00 amRNSAcquisition of Interest in Steelmin Limited

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.