Red Rock Resources - Red Rock Australasia Update
("Red Rock" or the "Company")
The Company through RRAL has applied for additional ground at EL007281, EL007282, and EL007285, three new gold exploration license areas in the Victoria Goldfield of
Red Rock Chairman
"With these new applications the footprint of RRAL at 714 sq km becomes one of the largest in the Ballarat goldbelt. There is no area of the licenses that does not have evidence of gold mineralisation and in most cases recorded production from previous alluvial workings, leads, shafts or drilling. In certain areas the workings go down 100m or more.
The partners in the RRAL joint venture are setting up a website for RRAL where detailed information and references for the projects will be posted.
The Victoria Goldfields are attracting increasing attention and corporate activity which we expect to lead to a sharp rise in exploration activity. The ground held by the RRAL JV contains recognised high quality prospects in the heart of
RRAL expects to become a significant and active explorer in the Victoria Goldfields."
The license applications made to date are:
EL007271 - 133 sq km
EL007281 - 74 sq km
EL007282 - 499 sq km
EL007285 - 8 sq km
The application areas are shown in Figure 1 below:
Fig 1: EL Applications in
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No.596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
For further information, please contact:
Scott Kaintz 0207 747 9990 Director
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD
Mark Treharne 0203 700 2500 Broker
This information is provided by RNS, the news service of the
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