Last checked at 21 Dec 2010 11:00
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.