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Resource Upgrade Drilling to Commence at Molaoi

11 Sep 2025 07:00

RNS Number : 8518Y
Rockfire Resources PLC
11 September 2025

11 September 2025

Rockfire Resources plc

("Rockfire" or the "Company")

Resource Upgrade Drilling to Commence at Molaoi

Rockfire Resources plc聽(LON: ROCK), the base metal, critical mineral and precious metal exploration company, is pleased to confirm that diamond drilling to upgrade the resource at the company's 100%-owned Molaoi zinc deposit in聽Greece will commence on Monday 15th September.

The drilling rig has arrived on site and will be positioned on the pad over the weekend in preparation for drilling on Monday 15th September

Upgrade from JORC Inferred to Indicated category expected on completion

Maiden germanium Inferred resource expected on completion

30 drill holes planned

Hole depths vary from 200m to 450m

Total metres expected to be drilled is approximately 10,000m

Results for each hole will be released as they are received from the laboratory

Drilling is expected to be continuous until at least February 2026

David Price, Chief Executive Officer of Rockfire, commented:

"It is with great pleasure that we announce the restart of drilling at Molaoi. I would like to thank shareholders for their patience throughout the permitting process."

"I would also like to thank our drilling contractors, Geotest Consulting Engineers in Athens, who have pulled out all the stops to remobilise a rig from elsewhere in Europe to be available for Molaoi by the 15th of September, as promised."

"The board and Management look forward to bringing you a flow of good news as our drilling advances."

For further information on the Company, please visit聽www.rockfireresources.com聽or contact the following:

Rockfire Resources plc:

info@rockfire.co.uk

David Price, Chief Executive Officer

Allenby Capital Limited(Nominated Adviser & Broker):

Tel: +44 (0) 20 3328 5656

John Depasquale聽/聽Dan Dearden-Williams聽(Corporate Finance)

Matt Butlin聽(Sales and Corporate Broking)

CMC Markets UK Plc聽(Joint Broker)

+44 (0)20 3003 8632

Douglas Crippen

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