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Rockfire sets the drilling rigs turning once again at Plateau, following the return of strong gold intercepts last year

Rockfire hit 177 metres of gold mineralisation in drilling in November

Rockfire Resources PLC -

Rockfire Resources PLC (LON: ROCK) has started a new round of drilling at the Plateau gold project in Queensland.

The aim is to expand on gold mineralisation encountered recently in earlier drilling, in particular at hole BPL025, where an intercept of 177 metres grading 0.5 grams per tonne gold was returned.

The drilling will also aim to extend the near-surface gold resources at Plateau.

Around 1,500 metres of reverse circulation drilling is planned, across 13 proposed drill holes

The drill program is expected to take approximately 15 days to complete, with analysis to follow the completion of drilling.

"This current drill program is a very exciting one, as we are testing at depth to the east of hole BPL025, which was a very successful hole,” said David Price, chief executive of Rockfire.

“Success with this follow-up drilling will demonstrate significant extension of this deep gold mineralisation in an east-west orientation. A second aim of the current program is to expand and build greater confidence in the gold mineralisation at our near-surface JORC resource, in an effort to define an open cut resource, 80 metres from surface."


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Price: 0.875 GBX

Market: LSE
Market Cap: £5.51 m

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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...

on 18/12/19

2 min read