Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRockfire Resources Share News (ROCK)

Share Price Information for Rockfire Resources (ROCK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.205
Bid: 0.19
Ask: 0.22
Change: 0.025 (13.89%)
Spread: 0.03 (15.789%)
Open: 0.18
High: 0.205
Low: 0.19
Prev. Close: 0.18
ROCK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Rockfire rises on recent sampling in Greece

Mon, 28th Nov 2022 14:07

(Sharecast News) - Base metal and critical mineral exploration company Rockfire Resources has received high-grade results from rock samples taken from historic waste dumps and surface outcrops at its wholly-owned Molaoi zinc-silver-lead-germanium deposit in Greece, it announced on Monday.

The AIM-traded firm said zinc up to 25%, lead up to 16.8%, and silver up to 498 grams per tonne was sampled in rocks from waste dumps and outcrops around old mine workings.

It said the highest results were from the 'Kalamaki' prospect, where a JORC resource of 2.3 million tonnes at 9.4% zinc, 1.7% lead and 47 grams of silver per tonne is located.

Rockfire is currently drilling in the Kalamaki area.

Elsewhere, 9.3% zinc was found in old workings at the 'Fournos' prospect, 1.5 kilometres north of the JORC mineral resource.

Previous drilling by the Greek government encountered three metres at 8.4% zinc in diamond drill core at Fournos.

Additionally, 15.8% zinc was found in old workings at the 'Mesovouni' prospect, one kilometre north west of the resource.

Rockfire said previous drilling, also by the Greek government, encountered three metres at 6.7% zinc in diamond drill core at Mesovouni.

Finally, 8.7% zinc, 5.2% lead and 161 grams of silver per tonne was found in outcrop to the north of the 'Gkagkania' prospect, 1.5 kilometres north west of the JORC resource.

The company said previous government drilling encountered seven metres at 10.2% zinc in diamond drill core there.

Rockfiore said germanium values were low due to strong weathering of the rocks, given germanium is heavily leached from weathered rocks.

Geotechnical drilling at the main resource area of Kalamaki, meanwhile, was said to be progressing well.

"These rocks have returned very good results," said chief executive officer David Price.

"Being from the spoils - waste - around the opening of old workings, it is testimony to the high grades of zinc, lead and silver encountered during historical mining.

"Several high-grade results were obtained from outcrops with no historical mining."

Price said that emphasises the quality of targets to the north and north west of the main resource area.

"Some of these targets have been drilled previously by the Greek government and encountered high-grade zinc, lead and silver in drilling.

"Our inaugural geotechnical drilling is underway at Molaoi and progressing very well.

"The market will be informed regularly as our drilling programme progresses."

At 1336 GMT, shares in Rockfire Resources were up 9.28% at 0.19p.

Reporting by Josh White for Sharecast.com.

More News
29 Nov 2021 19:32

TRADING UPDATES: Hummingbird lowers guidance; Serinus swings to profit

TRADING UPDATES: Hummingbird lowers guidance; Serinus swings to profit

Read more
29 Nov 2021 11:05

Rockfire upbeat on assay results from Copperhead project

(Sharecast News) - Gold and base metals exploration company Rockfire Resources updated the market on its diamond drilling programme at its wholly-owned Copperhead porphyry project in north Queensland, Australia on Monday.

Read more
1 Nov 2021 14:35

TRADING UPDATES: Bango to offer Microsoft 365; Petrofac prices notes

TRADING UPDATES: Bango to offer Microsoft 365; Petrofac prices notes

Read more
28 Sep 2021 17:51

IN BRIEF: Rockfire Resources progresses drilling at Copperhead project

IN BRIEF: Rockfire Resources progresses drilling at Copperhead project

Read more
28 Sep 2021 15:54

Rockfire making good progress with drilling at Copperhead

(Sharecast News) - Gold and base metals exploration company Rockfire Resources updated the market on its exploration programme underway at its wholly-owned Copperhead porphyry project in Australia's north Queensland on Tuesday, reporting that the drilling of the first two exploration holes was complete, with a third hole currently in progress.

Read more
23 Sep 2021 12:09

TRADING UPDATES: Everyman sees post-lockdown demand; Safestyle profit

TRADING UPDATES: Everyman sees post-lockdown demand; Safestyle profit

Read more
17 Aug 2021 15:39

TRADING UPDATES: Chrysalis backs InfoSum; Argo Blockchain goes green

TRADING UPDATES: Chrysalis backs InfoSum; Argo Blockchain goes green

Read more
26 Jul 2021 20:23

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

Read more
24 Jun 2021 19:56

TRADING UPDATES: Vitec and Allergy Therapeutics lift full-year outlook

TRADING UPDATES: Vitec and Allergy Therapeutics lift full-year outlook

Read more
23 Jun 2021 16:09

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
1 Jun 2021 14:35

TRADING UPDATES: M&C Saatchi lifts guidance on new client wins

TRADING UPDATES: M&C Saatchi lifts guidance on new client wins

Read more
19 May 2021 19:33

TRADING UPDATES: Young's mulls asset sale; Ceres gets China investment

TRADING UPDATES: Young's mulls asset sale; Ceres gets China investment

Read more
19 May 2021 12:22

Rockfire reports 'strongly magnetic' drill targets at Copper Dome

(Sharecast News) - Gold and base metal exploration company Rockfire Resources announced results from 3D processing of helicopter magnetic data at its wholly-owned Copper Dome porphyry project in north Queensland, Australia on Wednesday.

Read more
6 May 2021 19:25

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

Read more
6 May 2021 15:05

Rockfire Resources raises £0.85m to fund drilling programmes

(Sharecast News) - Gold and base metal exploration and development company Rockfire Resources has successfully completed a placing of new shares, it announced on Thursday, raising gross proceeds of £0.85m, to fund a number of inaugural drilling programmes at the Copper Dome and Copperhead projects, as well as ongoing drilling at the Plateau Gold Deposit.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.