11th Jul 2025 08:34
11 July 2025
Rockfire Resources plc
("Rockfire" or the "Company")
Plateau continues to deliver near-surface gold
Rockfire Resources plc (LON: ROCK), the base metal, critical mineral and precious metal exploration company, is pleased to inform the market of an update provided by Sunshine Metals Limited (Sunshine), regarding drilling results for gold exploration at the Plateau Prospect in North Queensland. Sunshine is farming into Rockfire's Lighthouse tenement and has the option to earn a maximum 75% interest in the tenement by expenditure of AUD$2.2m over a 3-year period.
A link to the original Sunshine Metals announcement to the Australian Stock Exchange is provided here.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02966755-6A1272677&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6
• Resource infill drilling of 8 RC holes, for a total of 599m
• 8m @ 3.17g/t Au and 31g/t Ag (25PLRC006)
• Including 2m @ 6.97g/t Au and 84g/t Ag
• Previous drilling being in-filled by the recent drilling includes:
• 11m @ 4.57g/t Au from 39m (PLP130)
• 11m @ 2.74g/t Au from 39m (BPL020)
• 13m @ 1.97g/t Au from 30m (PLP138)
• A sample for metallurgical test work has been collected from 25PLRC006. The new RC drilling and subsequent metallurgical results will be used to update a Resource for Plateau, due in late 2025.
David Price, Chief Executive Officer of Rockfire, commented:
"Although our focus is on the Molaoi critical mineral project in Greece, Rockfire keeps a close eye on activities at our Australian gold operations, and particularly the work being carried out by our joint venture partner, Sunshine Metals in North Queensland."
"The results from this drilling will be included in an update to the Resource model and provides samples for planned metallurgical test work."
"Sunshine continues to increase its knowledge of the Plateau prospect and it is pleasing to read that Plateau is being considered as part of Sunshine's ambition to commence near-term, open cut gold mining. We commend Sunshine for their professional and diligent development efforts."
For further information on the Company, please visit www.rockfireresources.com or contact the following:
Rockfire Resources plc: | |
David Price, Chief Executive Officer | |
Allenby Capital Limited (Nominated Adviser & Broker): | Tel: +44 (0) 20 3328 5656 |
John Depasquale / Dan Dearden-Williams (Corporate Finance) | |
Guy McDougall / Matt Butlin (Sales and Corporate Broking) | |
CMC Markets UK Plc (Joint Broker) | +44 (0)20 3003 8632 |
Douglas Crippen |
Glossary
Item | Definition |
"3D" | three dimensional |
'' Ag'' | silver |
"Cu" | copper |
'' Ge'' | germanium |
'' g/t'' | grams per tonne |
''JORC'' | Joint Ore Resource Committee |
"km" | kilometre |
"m" | metre |
'' Pb'' | lead |
"ppm" | parts per million |
"pXRF" | portable X-Ray Florescence |
"VMS" | volcanogenic massive sulphide |
''' Zn'' | zinc |
"ZnEq'' | zinc equivalent |
Qualified Person Statement
The technical information in this announcement is based on information compiled by Mr David Price, the Chief Executive Officer of Rockfire Resources plc, who is a Fellow of the Australasian Institute of Mining and Metallurgy (F.AusIMM). Mr Price has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which has been undertaken to qualify as a "Qualified Person" in accordance with the AIM Rules Guidance Note for Mining and Oil & Gas Companies. Mr Price consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.
Notes to Editors
Rockfire Resources plc (LON: ROCK) is a gold, base metal and critical mineral exploration company, with a high-grade zinc/lead/silver/germanium deposit in Greece and a portfolio of gold/copper/silver projects in Queensland Australia.
· The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver.
· The Plateau deposit in Queensland has a JORC resource of 131,000 ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off. 53,000 of these ounces lie within the top 100m from surface. Plateau is subject to a farm-in by ASX-listed Sunshine Metals Ltd (ASX:SHN).
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