Business
Update on Mid Migori
Update on Mid Migori.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n RNS Number : 5231C Red Rock Resources plc 13 November 2009 \n \nRED ROCK RESOURCES PLC\n\nUpdate on Mid Migori gold project\n\nDated: 13 November 2009\n\nRed Rock Resources plc (\"Red Rock\" or the \"Company\") the mineral exploration and development company focused on advancing iron ore, manganese and uranium projects in Australia and East Africa, announces that the Company will shortly begin a new programme of exploration at the Migori greenstone belt in southern Kenya. This belt lies close to the northern limit of the Tanzanian craton. \n\nA 1,000m reverse circulation drilling programme, which can be extended, is scheduled to begin on 4th December, and will initially test the mineralised tailings of the old Macalder gold/base metal mine and a neighbouring gossan. \n\nA possible continuation to the programme will investigate strike and depth extensions to the Macalder mine mineralization. \n\nSimultaneously, further investigation of the line of lode gold occurrences to the south of the Macalder VMS system, and along the west-east trending Migori shear zone, will take place. This will include mapping, re-logging of old core, geological interpretation, and re-assessment of planned drill locations. Five unsampled drill holes completed in 2007 by Kansai Mining Corporation that include mineralised core will be sampled and tested. To the north and east, and parallel to the line of lode gold occurrences, but still within the shear zone, a new target category, altered zones of banded iron formation (\"BIF\"), will be investigated in preparation for testing by drilling. \n\nRecent field observations on the Migori greenstone belt show a profusion of currently active and historical artisanal gold workings targeting shear-hosted quartz lodes of various scales, and colluvial/alluvial derivatives thereof. These artisanal workings indicate that the auriferous hydrothermal event was operative over the vast majority of the 70km exposed length of the greenstone belt, and are significant in indicating substantial geological gold endowment within the belt. Geological factors identifiable on the ground which show potential, in combination with the shear hosted ...