Rockfire Resources plc (LON: ROCK), the AIM-quoted gold and base metal exploration company, is pleased to announce it has commenced drilling at the Plateau gold deposit, North Queensland, Australia.
The drilling aims to achieve the following:
· To increase the confidence of the Inferred 1.15 Mt @ 1.1 g/t Au for 40,400 ounces of gold, as announced on the 4 July 2019;
· To extend the current resource;
· To test new geological targets;
· To test a geophysical anomaly identified by reprocessing historical geophysical data.
David Price, Chief Executive Officer of Rockfire, commented:
"We're excited to start drilling at Plateau as this presents a great opportunity for Rockfire to potentially discover a very large gold deposit. Plateau has similarities to the currently operational Mt Wright gold mine (+1 Moz) which occurs approximately 50 km northeast of Plateau. Mt Wright and Plateau are both breccia-hosted gold deposits, with similar alteration and mineralisation divs."
"We look forward to informing the market of our progress and drilling results."
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