Business
Migori Update
Migori Update.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n RNS Number : 5351I Red Rock Resources plc 15 March 2010 \n \n\nRED ROCK RESOURCES PLC\n \nMigori: Exploration Update and Sample Results\n \nDated: 15 March 2010\n \nRed Rock Resources plc ('Red Rock' or the 'Company') the mining exploration and mineral investment company with interests in steel feed, uranium, and gold, announces exploration progress at its Migori gold project in Kenya. \n \nA percussion drilling programme was carried out in late 2009 in order to test the remnant mineralisation of the Macalder tailings. Thirty-two holes (totalling 358m) were drilled on a 25x25 metre grid in December 2009, followed by approximately 100m of infill drilling (six holes) in January 2010. Samples from these holes were dried out at the base camp (in preparation for the laboratory test work) and logged in order to determine the spatial distribution of the calcine and sulphide zones. At the end of February 2010, the samples were transported to the laboratory in Mwanza and are currently being prepped for ICP analysis and gold and base metal assaying. Some samples will be subsequently sent to Perth for metallurgical analysis and leach tests.\n \nIn late 2009 and early 2010, 507m of reverse circulation ('RC') drilling was completed on the Migori licences. The eleven holes were drilled over the period December 2009-January 2010 at four main targets across both licence areas, SPL122 and SPL202. In the western licence (SPL122) four holes were drilled at the Macalder gossan and two at Gori Maria; and in the eastern licence (SPL202), four holes were drilled at Carlos Far West (Mwiro) and one at Nyabisawa. Since the drilling, the samples have been logged at the Mikei base camp and are being prepared for transportation to the laboratory in Mwanza, Tanzania. The samples will then be assayed for gold and base metals.\n \nMigori Project - Simplified geology map:\nhttp://www.rns-pdf.londonstockexchange.com/rns/5351I_1-2010-3-12.pdf\n \nIn the eastern licence, the Nyabisawa locality hosts intensely sheared banded iron formations ('BIFs') whilst at Mwiro the target rock type consists of graphitic schists. The main finding during the logging exercise was the presence of hydrothermal material in the vicinity of the sulphidic BIF unit intersected in the hole at Nyabisawa.\n \nRegional prospecting has been sim...