Red Rock Resources - DRC Copper and Cobalt Exploration Update
("Red Rock" or the "Company")
DRC Copper & Cobalt Exploration Update
· The license is prospective for copper and cobalt mineralisation, and an initial programme, the results of which were announced on
· Based on these results,
· Pitting will be undertaken in the areas C and A in Figure 1 below, on north-south lines spaced at 100m intervals with pits 40m apart
· Follow up trenching will be undertaken between pits where mineralisation is encountered or further lithostratigraphical information can be obtained
· Geophysics will be undertaken over the north-west sector west of 589000 E and north of 866600 S, to be followed by pitting in area B once geophysical results have been interpreted
Red Rock Chairman
As the wet season ends, we want to take the opportunity to follow up these earlier results and find out more about the mineralisation and the lithological units in which it is contained.
A controlled and modular programme will enable us to test hypotheses and step up activity quickly if justified.
We are in one of the world's most prospective environments for the minerals we seek, working with skilled and experienced local partners, and approach this new phase of our activity in the DRC with considerable excitement."
Figure 1: Proposed areas for pitting and trenching
The tenement is situated along a disrupted anticline with highly prospective undifferentiated Roan sediments draping off a nearby basement dome, similar to some other productive Cu-deposits in the immediate area.
A comprehensive termite mound sampling programme combined with reconnaissance geological mapping was conducted in late 2018 over an area underlain by prospective
Building on a recent regional aeromagnetic and soil sampling survey by a former ground holder, Red Rock has now identified as a result of the programme 2 strongly anomalous areas that are open-ended:
· In the southern part of the licence, a 2km by 500m anomaly striking ENE, (Trend A), following carbonaceous shale and silicified dolomite into the nose of a disrupted anticline underlain by known Upper Roan silicified dolomite and carbonaceous shale adjacent oxidised sandstone.
· Anomalous metal assays with peak values of 519ppm Cu and 425ppm Co corroborate and exceed the XRF values and are partly coincident with above average contents of pathfinder elements Bi and
· Occasional outcrops reveal limonitic coatings and tiny cavities after sulphides along with occasional malachite that also explain the occurrence of copper-tolerant flora.
· The northern anomaly, (Trend B), a SE- striking copper-cobalt anomaly some 1,400m by 300m wide, while more subdued, is still significant as it clearly mimics the regional metalliferous stratigraphic and structural trend.
Figure 2: Copper anomaly map overlaid on the RTP magnetic image
Given the risk of artisanal intrusion in the event of significant copper mineralisation being encountered in pits, Red Rock will also seek quotes for an immediate move to a third phase of exploration in the case of exploration success. This would be likely to be RC drilling, and provisional planning for such drilling assumes 4 fences at 200m intervals in area C, with 2-4 100m inclined holes, and 2 lines in each of areas A and B, for a total of 2,500m drilled.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Scott Kaintz 0207 747 9990 Director
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD
Tim Sohal 0203 700 2500 Broker
This information is provided by RNS, the news service of the
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