Business
RRAL - historic mine workings, Victoria, Australia
RRAL - historic mine workings, Victoria, Australia.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0554M\n Red Rock Resources plc\n 16 September 2021\n \n \n \n \n Red Rock Resources PLC\n \n \n (\"Red Rock\" or the \"Company\")\n \n \n Discovery of Historic Mine Workings in Victoria Goldfield, Australia\n \n \n Underground Work Begins at Enfield and Glasgow Reefs - Geological Similarities to Prolific Ballarat Mine\n \n \n \n \n \n 16 September 2021 \n \n \n Red Rock Resources Plc (\"Red Rock\" or \"the Company\"), the natural resource development company with interests in gold, manganese and copper, announces an exploration update from its joint venture subsidiary Red Rock Australasia Pty Ltd (\"RRAL\") which is undertaking gold exploration at its granted licences in the Victoria Goldfields in Australia.\n \n Highlights\n \n \n · \n \n Discovery of workings and well-developed adits and shafts at O'Laughlins\n \n \n \n · \n \n RRAL begins re-entry programme at mines south of Ballarat to confirm lode continuity and grade\n \n \n \n · \n \n These provide focal point for accelerated exploration to establish economic potential \n \n \n \n · \n \n Geological similarities to prolific Ballarat Mine\n \n \n \n · \n \n Diamond drilling scheduled for Q4\n \n \n \n Re-entry Programme at Historic Gold Mine Workings\n \n \n Following the successful completion of safety requirements, RRAL geologists are entering the old workings at O'Laughlins in granted license EL 007271 to complete investigations into the nature and extent of the gold mineralization originally exploited. No previous reports or indications of historical grade have so far been uncovered in the literature so this will be the first modern day exploration at these previously forgotten workings since the 1860s.\n \n \n \n \n \n Other shafts and underground excavations in the immediate area will be included in the re-entry programme. it is hoped that a better understanding of the geometry of the lode systems along with an indication of the tenor of gold grades will be completed prior to diamond drilling scheduled for Q4 2021.\n \n \n \n \n \n Geological Analysis of Recently Discovered Mine Workings\n \n \n \n \n \n Geological observation at the adit entrances (see Photo 1) indicates a broad zone of stockwork style veining in a fault structure marked by a laminated quartz vein exposed on the eastern wall. Bedding appea...