09:58 Wed 14 Nov 2018
Rockfire Resources - Double Event drilling complete - assays expedited
This announcement contains inside information
("ROCK" or "the Company")
Double Event drilling complete - assays expedited
The Board of
· 12 reverse circulation holes (total of 605m), with all holes intersecting vein quartz with varying amounts of sulphides including pyrite and galena;
· A single deep hole (118m) was drilled at depth beneath the eastern workings, where Rockfire drilled and intersected encouraging gold intercepts in
· The samples have been delivered to the lab, and assay results are expected within the next week.
Chief Executive Officer of Rockfire,
"Owing to a much larger and more powerful drilling rig being deployed to Double Event, our intended 10-day program of drilling was substantially reduced, saving both time and money for the company. Our drilling has hit sulphides in positions which were anticipated from our surface mapping and ground magnetics."
The laboratory is reporting a reduced back-log of samples at present, so we anticipate that assay results may be back within the week. The market will be informed of results once they have been received and interpreted."
Hole |
EAST |
NORTH |
RL |
Depth |
Azimuth |
Dip ⁰ |
Number |
(UTM) |
(UTM) |
(m) |
(m) |
(Mag) |
|
BDE015 |
442501 |
7757818 |
377 |
118 |
10 |
-70 |
BDE016 |
440842 |
7758004 |
355 |
39 |
10 |
-55 |
BDE017 |
440880 |
7757995 |
357 |
40 |
10 |
-55 |
BDE018 |
440923 |
7757990 |
359 |
70 |
10 |
-55 |
BDE019 |
440965 |
7757998 |
361 |
40 |
10 |
-55 |
BDE020 |
441001 |
7757979 |
362 |
40 |
30 |
-55 |
BDE021 |
441043 |
7757977 |
361 |
22 |
10 |
-55 |
BDE022 |
441041 |
7757974 |
361 |
52 |
10 |
-70 |
BDE023 |
441058 |
7757971 |
360 |
52 |
10 |
-70 |
BDE024 |
441081 |
7757966 |
360 |
40 |
10 |
-55 |
BDE025 |
441080 |
7757964 |
361 |
52 |
10 |
-70 |
BDE026 |
441123 |
7757953 |
353 |
40 |
10 |
-55 |
Table showing Double Event RC hole locations and collar information,
Competent Person Statement:
Information in this announcement that relates to exploration results is based on information compiled by Mr
For further information on the Company, please visit www.rockfireresources.com or contact the following:
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Email: info@rockfireresources.com
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Cenkos Securities plc (Nominated Adviser & Joint Broker)
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Tel: +44 (0)131 220 6939
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(Joint Broker) |
Tel: +44 (0)20 7374 2212 |
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