Rockfire Resources PLC (LON: ROCK) has revealed that results from its January 2020 rock sampling programme have identified a gold-copper-nickel-cobalt-Platinum-palladium anomaly located only two kilometres north of the company's Plateau gold deposit on the Lighthouse tenement in North Queensland, Australia.
In a statement, the new anomaly, named Split Rock, is likely to enhance the prospectivity of the immediate vicinity of Plateau. Split Rock shares access tracks with Plateau, enabling minimal mobilisation of rigs between the two prospects.
Rockfire said its technical team has found that these highly anomalous rock samples are associated with anomalous results from historical stream and soil sampling from 1982. The company believes that Split Rock represents an ultramafic-hosted anomaly which may have been overlooked by previous explorers.
Among the sample highlights were 1.0 % nickel, 0.2 % copper, 510 parts per million cobalt. Platinum, palladium and gold were also found. These results represent the highest grading nickel and cobalt assays from within the company's Lighthouse tenement to date.
Rockfire said its field season has now commenced and a field crew has arrived on site to undertake mapping, rock sampling and drone-hosted photogrammetry. Planned drill hole sites at Plateau will be pegged in preparation for drilling, it added.