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The latest update is out from Rockfire Resources PLC ( (GB:ROCK) ).
Rockfire Resources PLC has provided an update on its drilling activities at the Molaoi zinc deposit in Greece. The company is progressing well with its drilling campaign, encountering high grades of zinc, silver, and lead, and aims to increase resource confidence from Inferred to Indicated. The Molaoi deposit is expected to host the only defined Inferred Resource of germanium in Europe. Additionally, Rockfire has commenced long lead-time components of a pre-feasibility study, including hydrology and ecological studies, to ensure timely completion before mining operations.
More about Rockfire Resources PLC
Rockfire Resources PLC is a gold, base metal, and critical mineral exploration company with a high-grade zinc/lead/silver/germanium deposit in Greece and a portfolio of gold/copper/silver projects in Queensland, Australia. The company focuses on exploring and developing these resources, with significant projects including the Molaoi deposit in Greece and the Plateau and Marengo prospects in Queensland.
Average Trading Volume: 51,831,198
Technical Sentiment Signal: Buy
Current Market Cap: £11.05M
For an in-depth examination of ROCK stock, go to TipRanks’ Overview page.