re Jupiter Mines Limited

RNS Number : 4116W

Red Rock Resources plc

30 January 2012

 



RED ROCK RESOURCES PLC

("Red Rock" or the "Company")

Announcement re Jupiter Mines Limited

30 January 2012

Red Rock notes today's quarterly report published by Jupiter Mines Limited (ASX: JMS) ("JMS") in which it holds some 74.2 million shares (an approximate 4.11 per cent. interest).   JMS reports that its 49.9 per cent. owned Tsipi Borwa Manganese Project remains on track for H2 2012 delivery of first ore and announced an updated Mineral Resource Statement for its Mount Mason DSO Hematite Project of 5.9 million tonnes measured and indicated, grading 60.1 per cent Iron with a cut-off of >55 per cent.  At JMS's Mount Ida Magnetite Project, where Red Rock has a 1.5 per cent. gross production royalty interest, approximately 90 per cent. of the proposed drill holes over the Central Zone have been completed. On completion of that and a further 60 Reverse Circulation (RC) drill hole programme, JMS will be able to estimate an inferred JORC resource over an additional 4.5km strike length of banded iron formation (BIF) mineralisation around the Central Zone.

The full text of the announcement 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	020 7444 0800	Religare Capital Markets	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker

 

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