Rockfire Resources PLC

Rockfire completes initial round of exploration at Copper Dome

Rockfire has until May to decide whether to exercise the option on Copper Dome

The copper price has shown recent strength

Rockfire Resources PLC (LON:ROCK) has completed initial soil sampling, rock sampling and geological mapping at the Copper Dome porphyry copper project in Central Queensland.

A total of 176 soil samples and 34 rock samples have been submitted to the laboratory for analysis;

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The mineralisation outcrops at surface, allowing for low-cost, near-surface exploration which, the company anticipates will result in lower exploration costs.

Whilst results are awaited from the Copper Dome project, a Rockfire field crew will mobilise to the Kookaburra tenement in Queensland, Australia, to commence soil sampling and ground magnetics. This program will test a 1.5-kilometre western extension to the Double Event prospect.

"This initial program of work at Copper Dome has provided our field crews with a good understanding of the specific issues relevant to a new project including access, terrain, geomorphology, outcrop distribution, geology and surface mineralization,” said Rockfire chief David Price.

“The soil and rock samples will provide a great snapshot of the overall potential of the prospect to deliver a project of scale. Results obtained from the soil and rock sampling will assist Rockfire's pending decision whether to exercise the option to acquire Copper Dome, a decision which is required by May 2019." 


Quick facts: Rockfire Resources PLC

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Market: LSE
Market Cap: £2.62 m

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