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An announcement from Rockfire Resources PLC ( (GB:ROCK) ) is now available.
Rockfire Resources PLC has announced positive drilling results from its Plateau Prospect in North Queensland, managed by Sunshine Metals Limited. The drilling results, which include significant gold and silver findings, will contribute to an updated resource model and potential metallurgical test work. This development aligns with Sunshine’s plans for near-term open cut gold mining, enhancing Rockfire’s strategic positioning in the gold exploration sector.
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 Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes with significant zinc, lead, and silver content. The Plateau deposit in Queensland has a JORC resource of 131,000 ounces of gold and 800,000 ounces of silver, with Sunshine Metals Ltd farming into the project.
Average Trading Volume: 19,089,636
Technical Sentiment Signal: Sell
Current Market Cap: £3.93M
See more insights into ROCK stock on TipRanks’ Stock Analysis page.