9th Dec 2020 18:23
Red Rock Resources PLC - gold explorer in Kenya and Australia, copper-cobalt in DRC - Pleased with progress "on all fronts". In Democratic Republic of Congo, company expects to finish the first phase of its geophysical exploration programme at the copper-cobalt prospect at Kisinka near Lubumbashi this week. In Kenya, camp and vehicle refurbishment have now been completed and CSA Global (UK) Ltd continues work to update mineral resource estimate declared under JORC 2004 to JORC 2012.
In Australia, Red Rock Australasia Pty Ltd continues preparation so that exploration can begin on the first licenses immediately upon grant.
"Everything is lining up for an active 2021 and we are pleased with the progress on all fronts. In each jurisdiction, as we move from the regulatory issues associated with grant and contract registration to operational issues, the timing comes under our direct control and we can pick up the pace," says Chair Andrew Bell.
Current stock price: 0.85 pence
Year-to-date change: doubled
By Lucy Heming;Â [email protected]
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