RED ROCK RESOURCES PLC
Migori:Sample Results from the Macalder Gossan
Dated: 24 June 2010
Red Rock Resources ("Red Rock" or the "Company") announces new results for samples obtained from prospecting of the Macalder gossan in April 2010. Following the water issues encountered during the RC drilling of the gossan earlier this year, 35 hand-grab samples were collected from underground workings, put in place by the artisanal workers in the area. Results indicate that there are significant grades of easily recoverable gold in this body.
Results: |
12 Samples |
1 to 5 g/t Au |
|
14 Samples |
5 to 20 g/t Au |
|
1 Sample |
35.8 g/t Au |
The Macalder gossan body, developed through long-term oxidation of the massive sulphide ores, was not fully exploited during commercial mining of the deposit, and much of it remains in-place to this day. It is currently being worked on a small scale by local artisanal workers. Their underground workings were used to collect 35 grab samples from the full strike-length of the body, the analytical results from which are presented here (figure 1).
Figure 1:
http://www.rns-pdf.londonstockexchange.com/rns/1973O_-2010-6-24.pdf
Historical sections indicate that the body averages around 6m in thickness and extends to 30m depth where there is an abrupt contact with the underlying sulphide mineralisation. Systematic exploration of this body is an outstanding question; the ground is in places unstable for access by drilling equipment, and the presence of underground workings carries the risk of equipment loss. The body is worthy of further exploration effort and may merit a small open operation.
The gossan body lies in the immediate vicinity of the Macalder tailings impoundment, the subject of a separate evaluation, and as such is amenable, in logistical terms, to exploitation simultaneously with the tailings materials. Mains electricity is available from Macalder town, some 500m to the east, and a year-round water supply is present 500m to the west of the gossan body.
The technical information in this announcement has been reviewed and approved for release by Helen Salmon, BSc(Hons) a geologist working for the Company, a Fellow of the Geological Society and a Member of the Mineralogical Society.
For further information contact:
Andrew Bell |
0207 402 4580 or 07766 474849
|
Red Rock Resources plc |
Chairman |
Peter Trevelyan-Clark/ Ben Jeynes
|
020 7444 0800 |
Religare Capital Markets |
Nominated Adviser |
Nick Emerson
|
01483 413500 |
Simple Investments Ltd |
Broker |
Ron Marshman/ |
020 7011 9411 |
City of London PR |
Public Relations |
Updates on the Company's activities are regularly posted on its website www.rrrplc.com.