Business
DRC Project - interim update
DRC Project - interim update.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5746O\n Red Rock Resources plc\n 11 October 2021\n \n \n \n \n Red Rock Resources PLC\n \n \n (\"Red Rock\" or the \"Company\")\n \n \n DRC Copper-Cobalt Project - Drill Programme Interim Update\n \n \n \n \n \n 11 October 2021 \n \n \n Red Rock Resources Plc, the natural resource development company with interests in gold, copper/cobalt, and other minerals, announces an update on the reverse circulation (RC) drill programme at the Luanshimba copper-cobalt project in the Haut-Katanga Province of the Democratic Republic of Congo.\n \n \n The Luanshimba project is operated by Red Rock Galaxy SA, an 80% owned Congolese subsidiary of Red Rock. \n \n \n Highlights\n \n \n · \n Programme recently completed with 2,469m of RC drilling, in 29 holes of 60m to 100m.\n \n \n · \n Three prospects drilled, at Kilembwe South, Kilembwe East, and Bukulu.\n \n \n · \n 2,763 samples including QAQC samples prepared at ALS Global's preparation laboratory before sending in batches to the ALS laboratory in South Africa for analysis.\n \n \n · \n The majority of assay results received, but those from later holes including some with significant visible mineralisation still awaited.\n \n \n · \n Holes intercepted clastics from carbonaceous shales and carbonates of the Lower Roan subgroup in Zambian Copperbelt-type strata.\n \n \n · \n Multiple fault zones and fault gouges encountered in Kilembwe South where Cu/Co anomalism identified from previous soil geochemistry.\n \n \n · \n Cu-Co Heterogenite oxide mineralisation found in multiple fault gouges, with sulphides identified at the bottom of some holes.\n \n \n · \n At the Bukulu prospect, a pyritic zone overlying chalcopyrites encountered under the carbonaceous shales, supporting the thesis of a vertical mineral zonation similar to copper-bearing Lower Roan strata of the Zambian Copperbelt.\n \n \n · \n Full interpretation and reporting of grades will be undertaken following receipt of final assay results.\n \n \n The drill programme is being carried out by Rubaco SARL, with geological support being provided by Minerals Exploration Associates SARL (\"Minex Consulting SARL\").\n \n \n \n Red Rock Chairman Andrew Bell comments\n \n : \"Further results support the interpretation of a typical Lower Roan assemblage with prominent cobalt accompanied by copper in oxides nea...