Red Rock Resources plc
09 October 2007
RED ROCK RESOURCES PLC
Exploration Update
Dated: October 2007
Red Rock Resources plc (the 'Company') the mineral exploration and development
company focused on advancing iron ore, uranium and manganese projects in
Australia and East Africa, holds the Mt Alfred license E 29/581 in Western
Australia. The license, as described in the Company's Admission Document, covers
an area of 210 sq km with large areas of Banded Iron Formation ('BIF')
accumulation including multiple horizons of 15m to 100m width over 14 km of
strike, forming a prominent line of north striking hills up to 90m above the
surrounding plain level.
When the Company entered into an option agreement announced on 28 May 2006 with
Jupiter Mines Ltd (ASX code: JMS) ('JMS') covering certain of the Company's iron
ore tenements, exercise of which was announced on 29 May 2007, Mt Alfred, the
largest tenement, was not included in the option but was retained by the
Company. The results of JMS's recent drill programme at Mt Mason, on the
boundary of the licenses in which the Company retains a royalty interest, were
released on 4 October, and were considered encouraging by the JMS directors.
Recent exploration activity in neighbouring areas has produced significant
results. On 8 October 2007 Iron Mountain Mining Limited (ASX code: IRM), a
company listed on the Australian Stock Exchange ('IRM'), announced sampling
results defining 8.8 km of mineralised strike length at the Iron Mountain, Mount
Alfred, and Brooking prospects within their license no E29/571, and a planned
RAB (rotary air blast) drill programme to begin in mid-October.
IRM also announced that at the Iron Mountain prospect 21 rock chip samples
within a sequence of Banded Iron Formation (BIF) and ferruginous sediments
averaged 61.3% iron over 2 km; at Mt Alfred 8 samples averaged 58.5% over 2.8 km
of strike. At Brooking 6 samples averaged 59.14% over 4 km. All three prospects,
Brooking to the south and the other two to the north, form a continuation of the
trend that runs through the Company's Mt Alfred license. IRM's Mt Alfred
prospect lies directly north of, and crosses into, the Company's license.
Further details of recent exploration by IRM and JMS may be found on the
Australian Stock exchange website.
The Company is planning an exploration programme at Mt Alfred to follow up on
iron and copper potential.
Enquiries:
Andrew Bell 07766 474849 Red Rock Resources plc Chairman
John Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser
Ron Marshman / John 020 7628 5518 City of London PR Limited Public Relations
Greenhalgh
Updates on the Company's activities are regularly posted on Red Rock's website,
www.rrrplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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