The award of three priority licences in Australia’s highly prospective Ballarat has been described as 'game changing' for awardee Red Rock Australasia (RRAL).
The gold exploration focused joint venture between Red Rock Resources (LON:RRR) and Power Metal Resources (LON:POW) now has 215 sq km of granted tenements, forming an outer ring around Ballarat and along the Ballarat trend.
Red Rock Chairman Andrew Bell tells Proactive London that with the licences granted, the JV can embark on active exploration and explore the opportunities these assets present including sales, partnerships, farm outs and the frequently advertised listing of all or part of the RRAL assets.