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Update - First Gold Production and other matters

21 Dec 2010 11:00

RNS Number : 3545Y
Red Rock Resources plc
21 December 2010
 



RED ROCK RESOURCES PLC

Update - First Gold Production and Other Matters

 

Dated: 21 December 2010

 

Red Rock Resources plc ("Red Rock" or the "Company"), the gold mining and exploration company with projects in Kenya and Colombia, and interests in steel feed, uranium, and rare earths reports on developments.

 

Colombia

The gold treatment plant at El Limon has begun test production at 30 tpd capacity, and the process of ramping up production will continue after Christmas, with 150 tpd capacity expected to be in place by mid-January. The plant will not at first run at full capacity.

 

Some recalibration and adjustment at the ball mill and delay in delivery of agitation paddles by one local supplier, set back the expected timetable by four days for initial operation and by up to three weeks for commissioning of the larger flotation cell circuit, necessary for full capacity operation.

 

Kenya

Drilling continues, and a full report on progress to date is expected shortly following the return of some supervisory staff to London for the Christmas break.

 

Tasmania

A previously undrilled 3 km North-South trending magnetic anomaly on the Arthur River tenement was being tested by a four hole reverse circulation drill programme across the waist of the geophysical target. An apparent magnetite amphibolite dyke has been encountered. The fourth hole, which encountered mineralisation just before it ended, may indicate that the first four holes were drilled down dip, and a fifth hole has therefore been drilled back at a 60 degree angle towards the earlier holes. This fifth hole has encountered, and ended in, prismatic magnetite mineralisation, with veinlets of massive magnetite.

 

The technical information is this release has been reviewed and approved for release by Helen Salmon, BSc(Hons), a geologist working for the Company, a Fellow of the Geological Society and a Member of the Mineralogical Society.

 

Enquiries:

 

 

Andrew Bell

0207 402 4580 or

07766 474849

 

Red Rock Resources plc

Chairman

 

Sandra Spencer

0207 402 4580 or

07757 660 798

 

Red Rock Resources plc

Public and Investor Relations

James Pinner/

Ben Jeynes

 

020 7444 0800

Religare Capital Markets

Nominated Adviser

Nick Emerson

01483 413500

Simple Investments Ltd

Broker

 

 

Updates on the Company's activities are regularly posted on its website, www.rrrplc.com.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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