Business
Summary - Key Projects
Summary - Key Projects.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8050B\n Red Rock Resources plc\n 12 October 2020\n \n \n \n \n \n \n \n Red Rock Resources PLC \n \n \n (\"Red Rock\" or the \"Company\")\n \n \n \n \n \n Summary - Key Projects \n \n \n \n \n \n 12 October 2020 \n \n \n Red Rock Resources Plc, the natural resource development company with interests in gold, manganese and copper, announces an updating summary on the three key interests that are expected to be value drivers going forward. \n \n \n KEY POINTS \n \n \n · \n In the last six months Red Rock has:\n \n \n \n \n \n o \n obtained the restoration of licenses containing an initial 1.2m oz gold Resource in an underexplored greenstone belt in Kenya; and\n \n \n \n \n \n o \n created a significant new 2,188 sq km joint venture in the Victoria Goldfields of Australia that is being prepared for listing; and\n \n \n \n \n \n o \n worked to strengthen the position of its local subsidiary and create a new force in the copper and cobalt industry in the copperbelt of the DRC.\n \n \n \n \n \n · \n Up to the time that flights closed down as a result of the Covid virus, and right from the time that they resumed, Red Rock has been visiting its African locations in order to restart exploration and development as quickly as possible;\n \n \n \n \n \n · \n A corporate office has been opened for Red Rock Australasia Pty Ltd (RRAL) in Ballarat, Victoria and a new website and presentation are being prepared to enhance RRAL's local presence; \n \n \n \n \n \n · \n Red Rock's camp and vehicles in Kenya are being readied for resumption of work by the exploration team, with electrical, plumbing and repair work under way, and options for an initial programme are being prepared and the data room and presentation material being upgraded;\n \n \n \n \n \n · \n Red Rock Resources Congo SAU's lawyer has been resolving longstanding issues that had arisen in relation to partnership matters, as well as documentation and registration, and the Company is now in a position to appoint an in-country manager and establish a physical office; \n \n \n \n \n \n · \n Mineral Exploration Associates SARL has been engaged to follow up earlier geochemical work at the Luanshimba copper JV in the DRC and is mobilising for a 71 Kml ground magnetics sur...