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
15th Feb 20224:41 pmRNSSecond Price Monitoring Extn
15th Feb 20224:36 pmRNSPrice Monitoring Extension
15th Feb 20222:06 pmRNSSecond Price Monitoring Extn
15th Feb 20222:01 pmRNSPrice Monitoring Extension
15th Feb 202212:52 pmRNSCopper and Cobalt Drilling in DRC
4th Feb 20227:00 amRNSAsset Review and Current Developments
28th Jan 20227:00 amRNSIssue of Equity, Exercise of Options, TVR
25th Jan 20227:00 amRNSOption Exercise, Directors' Dealings and TVR
19th Jan 20227:00 amRNSJudgement for Damages Obtained in DRC
7th Jan 20227:00 amRNSKenya Exploration Update
6th Jan 202211:26 amRNSLicences obtained at Bilbale and Boulon
6th Jan 20227:00 amRNSDRC Update
29th Dec 202112:21 pmRNSFinal Results
15th Dec 20217:00 amRNSDrilling starts in Victoria, Grant of New Licence
8th Dec 20217:00 amRNSKenya Exploration Update
7th Dec 202111:00 amRNSUpdate on Australian Joint Venture Subsidiary
16th Nov 20217:00 amRNSSummary of Gold Exposure
16th Nov 20217:00 amRNSDRC Projects Update
28th Oct 20219:54 amRNSHolding(s) in Company
28th Oct 20219:00 amRNSPrice Monitoring Extension
18th Oct 20219:44 amRNSLicence applications by Cote d'Ivoire subsidiary
11th Oct 20217:00 amRNSDRC Project - interim update
29th Sep 20217:00 amRNSInvestments Update
21st Sep 20214:11 pmRNSUpdate on Power Metal Resources and Australian JV
16th Sep 20213:40 pmRNSRRAL - historic mine workings, Victoria, Australia
16th Sep 202112:11 pmRNSPrice Monitoring Extension
16th Sep 202112:10 pmRNSSecond Price Monitoring Extn
16th Sep 20217:00 amRNSKenya Exploration Update
15th Sep 20214:41 pmRNSSecond Price Monitoring Extn
15th Sep 20214:36 pmRNSPrice Monitoring Extension
10th Sep 20211:45 pmRNSCompany Broker
27th Aug 20219:26 amRNSHolding(s) in Company
13th Aug 202111:05 amRNSSecond Price Monitoring Extn
13th Aug 202111:00 amRNSPrice Monitoring Extension
12th Aug 202110:52 amRNSDirector/PDMR Shareholding
10th Aug 20216:23 pmRNSKenya Exploration Update
9th Aug 202110:55 amRNSDRC Copper-Cobalt project - drilling update
9th Aug 20217:00 amRNSAustralian Gold Joint Venture update
26th Jul 20217:00 amRNSDirectorate Change
30th Jun 20215:47 pmRNSTotal Voting Rights
30th Jun 20219:34 amRNSDrilling contract awarded at Mikei Gold Project
29th Jun 20217:00 amRNSDrill Programme at DRC Copper-Cobalt Project
22nd Jun 20212:40 pmRNSHolding(s) in Company
10th Jun 20214:19 pmRNSHolding(s) in Company
4th Jun 20217:00 amRNSExercise of Warrants and Total Voting Rights
25th May 20217:00 amRNSDrill Programme to start at DRC Prospect
14th May 202111:55 amRNSInvestee update - Juno Minerals
10th May 20217:00 amRNSInvestee Entity Update - Elephant Oil Limited
30th Apr 20215:38 pmRNSTotal Voting Rights
29th Apr 20213:00 pmRNSUpdate: Australia

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.