Business
Licence applications by Cote d'Ivoire subsidiary
Licence applications by Cote d'Ivoire subsidiary.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3782P\n Red Rock Resources plc\n 18 October 2021\n \n \n \n \n Red Rock Resources PLC\n \n \n (\"Red Rock\" or the \"Company\")\n \n \n West African Gold Exploration \n \n \n Key License Applications by Côte d'Ivoire Subsidiary \n \n \n \n \n \n 18 October 2021 \n \n \n \n \n \n Red Rock Resources Plc, the natural resource development company with interests in gold, copper/cobalt, and other minerals, announces that it has made applications for five exploration permits through a wholly owned Côte d'Ivoire subsidiary LacGold Resources SARLU (\"LacGold\"). \n \n \n Highlights\n \n \n •Five license areas totalling 1,907.07 square km were selected based on a detailed and comprehensive screening and ranking of possible target areas;\n \n \n • Inputs included all available historical and geological information for the country;\n \n \n • Each application area is located on a known regional shear zones where gold mines are operating;\n \n \n • Each application area has significant artisanal mining occurring within and around it;\n \n \n \n \n \n \n Red Rock Chairman Andrew Bell comments\n \n : \"Exploration of some of the largest parts of the West African Greenstone Belts, and particularly the\n \n Côte d'Ivoire, has lagged far behind Ghana and even Mali. \n \n \n \n In partnership with M. Koffi Gbamele, a Côte d'Ivoire geologist with 30 years of gold experience including at Newcrest and at Taurus Gold, and with the invaluable assistance of our Côte d'Ivoire-born geologist and data manager in London, M. Ali Barro, Red Rock has returned to the country with fresh vigour and renewed determination. M. Gbamele has engaged in exploration through its different stages at well-known mines such as Bonikro, Dougbafla, Hiré, and Afema, has conducted near mine development, and has in addition substantial administration and community and Government relations experience. We are excited by the opportunity to work with him.\n \n \n \n Following a detailed study, application has now been made for five areas with, we believe, the pedigree and potential for significant discoveries. The team's aim is to create and rapidly list a quality West African stand-alone independently financed gold play focussed on the Côte d'Ivoire\n \n .\" \n \n \n Further Information\n \n \n Red Rock owns LacGold through a wholly own...