28 March 2023
Red Rock Resources PLC
("Red Rock" or the "Company")
Update - Zimbabwe
EIA submitted for Zimbabwe lithium mining project
Red Rock Resources Plc (LON:RRR), a natural resource development company with interests in gold and base metals, principally in Africa and Australia, announces an update on the Company's operations in Zimbabwe.
Further to the Company's announcement of 19 December 2022 and the Update of 8 March 2023 in relation to Red Rock's lithium projects in Zimbabwe, the Company announces the following progress:
- Environmental Management Plan (EMP) and Site of Works Plan for Tin Hill approved by the Environmental Management Agency in January 2023
- Stakeholder and Community Engagement completed and so:
- Environmental Impact Assessment (EIA) for Tin Hill now submitted
Appearance of illegal miners on site in February caused two weeks delay while they were removed.
Approval of the EIA may occur from mid-April onwards (to be confirmed in due course), and then additional geologists and staff will be mobilised to site and after two weeks of pre-mining preparatory work trial mining can begin.
Work continues on progressing licences for other areas.
Andrew Bell, Chairman of Red Rock Resources Plc commented:
"Work has progressed in Zimbabwe on key administrative, technical and regulatory tasks, and with the conclusion of the community engagement programme we have now filed the complete EIA for our first planned lithium production site, Tin Hill, for approval. In February illegal miners appeared on site but prompt action ensured that only a minimal delay of about two weeks was caused before we were back on track.
We look forward to updating the market over the next weeks as we move towards first production."
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For further information please visit www.rrrplc.com or contact:
Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Jason Robertson 0207 374 2212 Broker First Equity Limited