Publication of Research Note

RNS Number : 7344I
Rockfire Resources PLC
20 April 2022
 

Reach - a non-regulatory announcement

20 April 2022

Rockfire Resources plc

("Rockfire" or the "Company")

Publication of Research Note


Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce that a research note on the Company has been published and is available under 'Research' in the 'Investors' section on the Company's website at
www.rockfireresources.com.


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

 

Rockfire Resources plc:

info@rockfireresources.com

David Price, Chief Executive Officer

 

 

 

 

Allenby Capital Limited (Nominated Adviser & Broker)

 

Tel: +44 (0) 20 3328 5656

John Depasquale / George Payne (Corporate Finance)

Matt Butlin / Kelly Gardner (Sales and Corporate Broking)

 

 

Yellow Jersey

rockfire@yellowjerseypr.com

Sarah Hollins / Henry Wilkinson

Tel: +44 (0) 20 3004 9512

 

 


Notes to Editors

Rockfire Resources plc (LON: ROCK) is an exploration company with a portfolio of 100%-owned near-surface gold and large-scale copper projects in Queensland, Australia. The gold project is located within 50 km of two operating gold mines and the Company's copper projects lie within 250 km of Australia's largest copper refinery.

 

The Plateau Gold Deposit is part of the Lighthouse Tenement and bears significant geological similarities to the nearby Mt Wright gold mine (45km to the northeast), where 1.5 million ounces of gold have been mined. The Plateau gold deposit has a JORC resource of 130,000 ounces of gold and an additional 10,000 JORC ounces of gold is at the Double Event prospect, close to Plateau.

 

Drilling to date at the Company's copper projects, Copperhead and Copper Dome (35 km and 85 km southwest of the town of Proserpine respectively), are indicative of large-scale porphyry targets. Both projects have been drilled by previous explorers and a JORC resource of 120,000 T of copper equivalent value has been found so far.

 

Rockfire Resources has adopted a strategy of growth and the acquisition of the Molaoi zinc deposit in Greece forms an important aspect of that strategy. Molaoi represents a high-grade zinc project and Rockfire intends to evaluate, expand and develop the zinc resources at Molaoi. The existence of a portal and decline will be beneficial if it is possible to gain access to this infrastructure once again. Molaoi lies within 10 km of the coast, providing excellent access to potential markets.



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