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The Markets
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General mining & base metals

Rockfire Resources pushes ahead on multiple fronts in Australia

Results are due shortly from drilling at Marengo to test the One Mile Mountain and Homeward Bound Prospects

Rockfire Resources PLC (LON:ROCK) made progress at all three of its prospects - Copperhead. Lighthouse and Marengo - in Australia over the past six months.

Reverse Circulation drilling was carried out in June 2018 at Double Event on the Lighthouse target and returned intercepts of gold and silver mineralisation.

READ: Rockfire Resources successfully completes Marengo gold-copper drilling

Results are also due shortly from drilling at Marengo to test the One Mile Mountain and Homeward Bound Prospects.

Copperhead, meanwhile, has an estimated copper content of 35mln tonnes at 0.16% Cu for 56,000 tonnes of copper.

Losses for the six months to June 2018 were £286,000 (£95,000).

There was exploration expenditure of 294,000.

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