logo-loader
viewRockfire Resources PLC

Rockfire Resources interims show exploration spend at just over £200,000, as work on Queensland portfolio continues

Rockfire Resources has an extensive portfolio in Queensland, but has now withdrawn from Papua New Guinea

Rockfire Resources PLC -
During the period Rockfire booked a resource of 51,000 ounces at the Lighthouse project

Rockfire Resources PLC (LON: ROCK) finished the six months to June 2019 with £181,097 in the bank, after booking a loss of £307,318 during the period.

Exploration spend amounted to £208,738.

The company continues to explore on its gold and base metals tenements in Queensland, Australia.

During the period, Rockfire booked a maiden JORC Resource of 51,000 ounces of gold at the Lighthouse gold project.

It also boosted the average, grade at the Copperhead porphyry copper project to 0.35% copper equivalent and completed the acquisition of the Copper Dome porphyry project.

Progress was also made on Double Event, Native Bee, and Cardigan Dam.

And the company completed its withdrawal from Papua New Guinea.

Quick facts: Rockfire Resources PLC

Price: 0.8 GBX

LSE:ROCK
Market: LSE
Market Cap: £50.35 k
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Rockfire Resources PLC named herein, including the promotion by the Company of Rockfire Resources PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Morning Report: Further high grade gold reported at Rockfire's Plateau deposit

Headlines from the Proactive UK newsroom. Rockfire Resources (LON:ROCK) has hit more high grade gold in the final two drill holes testing beneath the gold resource at the Plateau deposit in Queensland. The result means all drill holes in the October program hit potentially economic gold...

4 weeks, 2 days ago

2 min read