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Rockfire Resources extends strike length at Double Event in Queensland by 1km

Published: 08:25 07 May 2019 BST

Gold
Gold in soil grades were 'extremely high'

Rockfire Resources PLC (LON:ROCK) has added another 1km to the length of the potential gold strike at Double Event in Queensland, Australia.

Additional soil and rock samples continued the very high grades seen previously, said Rockfire including a rock sample of 58.5 g/t and 3.86 g/t gold-in-soil.

The gold-in-soil grades, particularly, were extremely high, said the explorer with the total prospective strike length of Double Event is now 4.5km.

David Price, chief executive, said as well as the grades the clear definition of the mineralisation was important.

“This clear definition helps to minimise the potential for fruitless drill metres in areas identified as non-mineralised. The high-grade rocks are most encouraging."

Next steps: “Geophysics, and particularly Induced Polarisation (IP) will help to identify if areas of sulphide accumulation are present at depth. 

“Any sulphide accumulations will be targeted for drill-testing."

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