Final Results

Red Rock Resources plc
07 November 2006

                             RED ROCK RESOURCES PLC

              Preliminary results for the year ended 30 June 2006





Dated: 7 November 2006

Red Rock Resources plc ('Red Rock' or the 'Company') the mineral exploration and
development company focussed on advancing iron ore, uranium and manganese
projects in Australia and in East Africa announced today its preliminary results
for the period ended 30 June 2006.

Chairman's statement

The year to 30th June 2006 was the first full year of the company's existence,
and was marked by a series of milestones, some of which have been previously
reported, but which I shall briefly recapitulate.

Corporate events - Half Year to 31st December 2005

On 29th July 2005 the company's shares were admitted to trading on AIM, and on
14th October 2005 the company obtained a secondary listing on the Frankfurt
exchange.

In October the company acquired for shares a portfolio of mineral properties in
the Northern Territory of Australia, predominantly prospective for uranium and
iron ore, but also for a variety of minerals, including manganese, gold, other
base metals, and containing an established magnesite resource. In December the
company issued 800,000 new ordinary shares in the Company at 2.6p per share and
2,500,000 ordinary shares of 0.1p in Zeus Energy Ltd, a subsidiary of Red Rock
to acquire two uranium properties in Malawi.

Corporate events - Half Year to 30th June 2006 and post-balance sheet period

In January Robert Weicker joined the board. He has an Honours Degree in Earth
Science from the University of Waterloo, Waterloo, Canada, and is a Professional
Geoscientist of the Association of Professional Engineers and Geoscientists of
British Columbia. With over 25 years in the mineral exploration and mining
industry, from greenfield exploration to production operations, including a
period as Chief Geologist at the Williams mine, Robert Weicker brings a great
and varied experience   to our counsels.

In April 2006 the company acquired for cash the rights to a 400 hectare tenement
at Mkushi in Zambia, containing what appeared to be a manganese deposit with a
known production history.

On 22nd May 2006 the company entered into an option and royalty agreement with
Jupiter Mines Ltd of Australia, in relation to the company's Mt Ida and Mt Hope
iron licenses in the Central Yilgarn of Western Australia, under the terms of
which Jupiter is obligated to carry out exploration on the properties.

On 28th June the company announced a placement of 5,018,750 shares at 2p per
share, together with an expected further placing of a similar amount on the same
terms. 4,018,750 of the shares were placed with Sunvest Corporation Limited, a
company incorporated in Australia and listed on the Australian Stock Exchange
and 1,000,000 of the Shares were placed at 2p per Share pursuant to a
subscription by Regency Mines plc. The second tranche of 5,018,750 shares was
completed on 3rd August 2006.



We welcomed to the board in September a new director, with a lifetime of mining
engineering and geological experience, including ten years in Zambia. Michael
Nott's advice, will be invaluable to us, and he has the skills we need if we are
to move from being a mineral explorer to becoming a mineral producer.

Exploration

At the Woolgni/Edith River licenses in the Northern Territory of Australia,
preliminary sampling was carried out in October 2005 on the YMCA No 2 uranium
prospect which was discovered in 1952 and was the subject of limited drilling in
1954.

Sampling was also carried out on the dumps of an old shallow uranium shaft
situated on the north bank of the Fergusson River and outlined uranium anomalism
ranging from 78.29 to 237.96 ppm uranium.

A reconnaissance over the Woolgni goldfield with its many adits, old mines and
historical costeaning and drilling was conducted. It is now planned to collate
all historical data before determining the most appropriate exploration path for
this project.

To the east of Woolgni next to the sealed Stuart Highway the Tower gold prospect
was investigated. This is a large gold anomaly that recorded gold from rock chip
samples up to 31.1 g/t. There is evidence of considerable costeaning and pitting
on the anomaly but no drilling is recorded. The Tower prospect is a promising
gold target for further exploration in 2006/2007.

Acquisition and processing of government airborne radiometric data was also
carried out for the Mt Alfred iron ore project area located in the southern
Yilgarn region of Western Australia. Review of the imaged data revealed a strong
uranium anomaly within the central portion of the tenement measuring
approximately 3km x 3km.

At the Savage River North and Arthur River licenses in Tasmania a detailed
review with recommendations was commissioned and delivered in June 2006. A field
trip to the Keith River gossan at Arthur River produced one float sample of
significant massive magnetite.

Following the May option agreement with Jupiter Mines on two of the company's
iron ore prospects in Western Australia, Mt Ida and Mt Hope, Jupiter has been
active in exploring the area. Drilling results on Jupiter's own small Mt Mason
license, adjacent to Mt Ida, produced promising intervals of haematite ore from
a nine hole drill programme including 29m at 63.3% iron and 18m at 61.44% iron.
At Mt Ida Jupiter's recent mapping has discovered a haematite zone assaying
66.25% in rock chips, and a haematite lens some 500m east of Mt Mason that is
continuous over all 13km to Mt Ida, with samples averaging 54.3% Fe to 63.6% Fe,
and an overall iron assay of 60.2% Fe. Drilling of Mt Hope is shortly to begin.
On the nearby larger 205 sq km Mt Alfred tenement, excluded by the company from
the option agreement, similar outcrop and mineralisation will shortly be tested
by our own exploration programme.

At Mkushi in Zambia, our initial mapping and exploration has identified a
North-East trending cross-faulted structure 7 km long, in parts over 50m wide,
containing where visible at surface and explored, a high grade hydrothermal
replacement manganese. There is also evidence of secondary supergene enrichment
in the area. In the western 550m of this zone, we have an indicated resource of
2.36m tons of manganese, and exploration continues. 15 RAB holes have been
drilled, and we await sampling results. We expect to see some increase in
resource. CSA Consultants are completing a study of the project and although
this is still in draft the indications are positive. The favourable location of
this high grade deposit in relation to local infrastructure, including the
Tazara railway, and its expression at surface, make it possible that economic
potential can be evidenced within a relatively short time frame.

Outlook

In the interim report released in March I stated that we expected 2006 to be a
year of major developments for the company.

With the year not yet over, the acquisition and exploration of the Zambian
manganese license, and the joint venture over Mt Ida and Mt Hope and subsequent
exploration, have been major steps forward. We have defined a manganese resource
that in composition, grade, extent, and supporting infrastructure already
appears to meet many of the threshold requirements for a viable project, and
that has further exploration potential. We have confirmed the potential for
substantial bodies of high grade haematite iron mineralisation in our area of
interest in the Central Yilgarn.

It is possible that what has been identified in these areas will form the
nucleus of high grade mining operations in both manganese and iron, capable of
being brought into production within a relatively short time, that in Zambia
might be measured in months rather than years.

We shall continue to develop the Zambian project through scoping study and a
feasibility study towards development.

We shall shortly begin a mapping and sampling programme directed at identifying
high grade iron on our retained license at Mt Alfred in the Central Yilgarn.

We shall shortly begin exploration on our Malawi uranium properties.

We continue to work on developing opportunities for the gold and uranium
prospects within the portfolio.

We are presented with a wealth of opportunities unusual in a company of our
size, and will pursue them with vigour.



Andrew R. McM. Bell

Chairman

6 November 2006


The Company's unaudited results for the year ended 30 June 2006 are as follows.



Profit and loss account

for the year ended 30 June 2006


                                                                 Year ended           Period ended
                                                                    30 June           30 June 2005
                                                                       2006                      £
                                                                          £
Turnover                                                                                         -
Exploration costs                                                    58,455                      -
Administrative expenses                                             133,652                 20,379
Currency losses                                                       5,100                      -
Operating loss                                                    (197,207)               (20,379)
Interest receivable                                                   4,224                      -
Loss on ordinary activities before taxation                       (192,983)               (20,379)
Tax on loss on ordinary activities                                        -                      -
Loss on ordinary activities after taxation                        (192,983)               (20,379)

Retained loss for the period                                      (192,932)               (20,379)

Loss per share                                                     (0.13) p                (0.1) p



All of the operations are considered to be continuing.



Consolidated balance sheet

As at 30 June 2006


                                                     30 June 2006                30 June 2005
                                                           £                           £
Fixed assets

Intangible fixed assets                                           972,290                     348,932
Investment in associate                                            26,250
                                                                  998,540
Current assets
Debtors                                              26,416                            -
Cash at bank                                        101,021                            -
Current asset investments                            15,491
                                                    142,928                            -
Creditors - amounts due within one year                          (38,417)                    (143,751)
Net current assets/ (liabilities)                                 104,511                   (143,751)
Total assets less current liabilities                           1,103,051                     205,181

Share capital and reserves
Called-up share capital                             166,679                      113,560
Share premium account                             1,141,988                      112,000
Profit and loss account                           (205,616)                     (20,379)

Equity shareholders' funds                                      1,103,051                     205,181







Company balance sheet

As at 30 June 2006


                                                     30 June 2006                30 June 2005
                                                           £                           £
Fixed assets
Intangible fixed assets                                           971,888                     348,932
Investments                                                        26,251                           -
                                                                  998,139                     348,932
Current assets
Debtors                                             141,002                            -
Cash at bank                                         79,106                            -
Current asset investments                            15,491                            -
                                                    235,599                            -
Creditors - amounts due within one
year                                                (40,543)                    (143,751)
Net current assets/ (liabilities)                                 195,056                   (143,751)
Total assets less current liabilities                           1,193,195                     205,181

Share capital and reserves
Called-up share capital                             166,679                      113,560
Share premium account                             1,141,988                      112,000
Profit and loss account                           (115,472)                     (20,379)

Equity shareholders' funds                                      1,193,195                     205,181






Consolidated cash flow statement

for the year ended 30 June 2006


                                                       Notes         Year ended
                                                                   30 June 2006
                                                                              £

Net cash outflow from operating activities                            (340,224)
Capital expenditure and investment                                    (120,557)
Cash outflow before financing                                         (460,781)
Financing                                                               561,802
Increase in cash in the year                                            101,021



There were no cash transactions during the period ended 30 June 2005.



Notes to the Financial Statements for the year ended 30 June 2006





1.                  The Directors are not recommending the payment of an
ordinary share dividend.



2.                  Loss per share on the net basis is calculated on a loss on
ordinary activities after taxation of 192,983 (2005: £20,379) and on 154,319,058
(2005: 20,178,528) ordinary shares being the weighted average number of shares
in issue and ranking for dividend during the period. No diluted loss per share
is presented as the effect of exercise of outstanding options is to decrease the
loss per share.



3.                  The financial information set out in this Preliminary
announcement does not constitute statutory accounts as defined in section 240 of
the Companies Act 1985.

Results for the year ended 30 June 2006 are abridged from the 2006 Annual Report
and Accounts, which received an unqualified auditor's report and will be filed
with the Registrar of Companies following the Annual General Meeting.



4.         The Annual Report will be posted to shareholders week commencing on
13 November 2006. Further copies will be available from the Company's registered
office: 3rd Floor, 55 Gower Street, London WC1E 6HQ.



5.         The Annual General Meeting of the Company will be held at the
Company's offices at 115 Eastbourne Mews, Paddington, London W2 6LQ, on Tuesday
12 December 2006 at 11.00 a.m.



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.


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            The company news service from the London Stock Exchange