Rockfire Resources - Exploration Update
Rockfire Resources plc
("Rockfire" or the "Company")
Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to provide an update on field and related exploration activity for its portfolio of 100%-owned exploration projects in
· Geological and mineralisation modelling is nearing completion to update the JORC resource at the Plateau gold deposit ("Plateau"), within the Lighthouse tenement. Resources will be estimated for both the Eastern Breccia and the Central Breccia. It is now expected that the resource update will be released earlier than anticipated and prior to the end of
· The Company's structural geology consultant is continuing work to model Plateau, aiming to provide further drill targets.
· Also within the Lighthouse licence, results from detailed soil sampling at Bell Rock and
· The helicopter-supported aeromagnetic survey at the Copperhead porphyry copper deposit is now complete. Rockfire's consulting geophysicist reports that the data obtained from the survey is of high quality and processing of the data for interpretation is now underway.
"Rockfire's programmes at Plateau and our regional prospects are proceeding very well and on time. The helicopter survey was completed efficiently and safely, resulting in high quality data collected from an average flight height of 35 m above ground level."
"Resource modelling at Plateau is proceeding very well, with modelling complete for both areas and resource estimation now in progress. This work is expected to deliver an updated JORC resource, as well as to identify areas requiring infill and step-out drilling for further resource expansion. We will continue to inform the market of our progress on all activities as new information comes to hand."
For further information on the Company, please visit www.rockfireresources.com or contact the following:
Rockfire Resources plc:
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Allenby Capital Limited (Nominated Adviser & Broker)
Tel: +44 (0) 20 3328 5656
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Tel: +44 (0) 20 3004 9512
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