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Update - Mt Alfred and Mkushi

11 Aug 2008 12:56

RNS Number : 0740B
Red Rock Resources plc
11 August 2008
 

RED ROCK RESOURCES PLC

Update - Mt Alfred and Mkushi

Dated11 August 2008

Red Rock Resources plc ("Red Rock" or the "Company") the mineral exploration and development company focused on advancing iron ore, uranium and manganese projects in Australia and East Africa, announces that it has engaged Haines Survey Pty Ltd to conduct a gravity survey of the Mt Alfred iron ore tenement in Western Australia.

The programme, which has been in progress for two weeks, and is expected to last up to a further four weeks, covers the targets tested by earlier sampling, with some 2700 stations measured at 50m intervals along lines with a total length of over 120 kilometres set 200m apart, and with a broadly east-west orientation. The purpose of the programme is to identify the main zones of iron mineralization and identify targets for drilling.

The Company continues to pursue opportunities to develop its manganese interests in Zambia, and has also entered into an agreement on 8th August 2008 with Mr Jazzman Chikwakwa, the holder of prospecting license PLLS 241/1 at Mkushi, Zambia, whereby the Company will have a period of up to 12 months in which to investigate further the property and will have the right at any time in that period to purchase an 80% interest in the license.

The license, with a calculated area of 325.666 sq km, extends eastward from the eastern side of the Company's small scale mining license at Mkushi and up to the Congo border. Some sampling and test work has already been carried out in 2007 by the Company on this area, which appears to contain extensions along strike of the manganese mineralisation found on the Company's license. The license may also be prospective for other minerals.

Enquiries:

 Andrew Bell

0207 402 4580

or

07766 474849

Red Rock Resources plc

Chairman

 

 

 

 

John Simpson

020 7489 4500

Blomfield Corporate Finance Ltd

Nominated Adviser

 

 

 

 

Ron Marshman / John Greenhalgh

020 7011 9411

Lothbury Financial Limited

Public Relations

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
 
 
MSCKGGMRMMKGRZM
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28th Mar 20247:00 amRNSHalf-year Report
13th Mar 20247:59 amRNSConditional agreement, Australian gold subsidiary
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19th Jan 20247:00 amRNSNotice of AGM
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7th Aug 20237:00 amRNSConvertible Loan Notes extension, conversion, TVR
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30th Jun 20234:03 pmRNSHolding(s) in Company
22nd Jun 20237:00 amRNSIssue of Equity and Total Voting Rights
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