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Rockfire Resources PLC ( (GB:ROCK) ) just unveiled an announcement.
Rockfire Resources plc has announced significant progress in the development of its Molaoi zinc deposit in Greece. The company has completed a tenement-scale pXRF soil and rock survey and is conducting a high-resolution survey to expand zinc targets. New mineralized zones have been identified, and a detailed geological model is being developed to better understand the deposit’s geology. Rockfire is collaborating with Wardell Armstrong International to assess the economic prospects of the deposit and is awaiting a new drilling permit. These advancements could enhance the company’s resource base and strengthen its position in the mining industry.
More about Rockfire Resources PLC
Rockfire Resources plc is a gold, base metal, and critical mineral exploration company with operations in Greece and Australia. The company focuses on high-grade zinc/lead/silver/germanium deposits in Greece and holds a portfolio of gold/copper/silver projects in Queensland, Australia.
YTD Price Performance: -35.56%
Average Trading Volume: 53,539,086
Technical Sentiment Signal: Buy
Current Market Cap: £4.79M
For an in-depth examination of ROCK stock, go to TipRanks’ Stock Analysis page.