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Rockfire Resources Faces Drilling Challenges at Molaoi Zinc Deposit

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Rockfire Resources Faces Drilling Challenges at Molaoi Zinc Deposit

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Rockfire Resources PLC ( (GB:ROCK) ) has provided an announcement.

Rockfire Resources PLC has temporarily halted drilling at its Molaoi zinc deposit in Greece due to challenging conditions in hole HMO-009, with plans to resume later. The company has moved to a new drill site, HMO-010, where early signs of mineralization are promising, and is seeking a second drill rig to enhance productivity.

More about Rockfire Resources PLC

Rockfire Resources PLC is a gold, base metal, and critical mineral exploration company with operations in Greece and Queensland, Australia. The company focuses on high-grade zinc, lead, silver, and germanium deposits, as well as gold, copper, and silver projects.

Average Trading Volume: 59,322,173

Technical Sentiment Signal: Sell

Current Market Cap: £9.31M

See more insights into ROCK stock on TipRanks’ Stock Analysis page.

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