Red Rock Resources PLC (AIM:RRR) (Red Rock Resources PLC (AIM:RRR)) Andrew Bells talks to Proactive about their joint venture company New Ballarat Gold Corporation PLC (NBGC) which has started its maiden drilling campaign in the Victoria Goldfields, Australia.
NBGC, which is 50.1% owned by Red Rock with Power Metals Resources PLC holding the remaining 49.9%, started its first diamond drill programme at the O'Loughlin's prospect south of Buninyong.
The joint venture was also granted a new 489 km2 exploration licence in Victoria, meaning it has now been granted eight licences covering 1,501 km2.