15:55 Thu 20 Dec 2018
Red Rock Resources - Exploration results at Luanshimba
("Red Rock" or the "Company")
Exploration Results at Luanshimba
Red Rock owns 80% of the
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 (Figure 1).
Figure 1: Regional Geological map of the
A comprehensive termite mound sampling programme combined with reconnaissance geological mapping was conducted 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 long anomaly up to 500m wide striking ENE, (Trend A), follows 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
These encouraging results confirm the favourable geological configuration and Red Rock consultants Minex Consulting SARL have recommended a ground geophysical survey and pitting or trenching over selected areas, possibly to be followed up by RC drilling.
Red Rock Chairman
Competent Person Statement
The technical and related information in this report relates to exploration results based on information from third parties and data compiled by Steffen Kalbskopf Pr.Sci.Nat, FGSSA and
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
Jason Robertson 0207 374 2212 Broker
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