Announcement re Jupiter Mines Limited

RED ROCK RESOURCES PLC

("Red Rock" or the "Company")

Announcement re Jupiter Mines Limited

Dated: 14 December 2010

Red Rock notes the announcement made by its 5.23% owned associate Jupiter Mines Limited (ASX:JMS) ("JMS") today, in which JMS announced the completion of the first phase of the planned drilling program at JMS' Mt Ida Magnetite project. Red Rock maintains a 1.5% gross production royalty in Mt Ida. Highlights of the JMS announcement included:

·; The RC drilling program on the Mt Ida Central Area has been completed, with a total of 11 898 metres drilled from 46 holes, all of which intersected magnetite mineralisation

·; Assaying and Davis Tube Recovery (DTR) test work on the first 29 holes gave average weight recoveries of 43% and concentrate grades of up to 71% Fe

·; Contaminant levels in the magnetite concentrate are very low

·; A conceptual mineralisation model of the Central Area has been generated, showing six magnetite lodes

·; Mineralisation is open to the north and south of the tested Central Area

·; A maiden Inferred Resource Statement is expected in the second half of January

·; A Scoping Study is in progress and expected to be complete in the second half of January

·; The program planned for 2011 should increase the Inferred Resource through drilling in the Southern and Northern Areas, while advancing the Central Area to Measured and Indicated status

·; The results so far suggest a substantial magnetite project at Mt Ida

The full text of the JMS announcement can be accessed via the following link:

 http://www.asx.com.au/asxpdf/20101214/pdf/31vlb8fv6pfsn6.pdf

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