Business
Drilling strengthens zinc continuity at Molaoi
Drilling strengthens zinc continuity at Molaoi.
About this update from Rockfire Resources Plc
[{"type":"text","content":"\n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information pursuant to Article 7 of EU Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended\n \n .\n \n \n \n \n \n 4 April 2023\n \n \n \n Rockfire Resources plc\n \n \n \n (\"Rockfire\" or the \"Company\")Drilling strengthens zinc continuity at Molaoi\n \n \n \n \nRockfire Resources plc (LON: ROCK), the base metal, gold and critical mineral exploration company, is pleased to announce that the Company's geotechnical drilling programme at the Molaoi zinc deposit in Greece continues to intersect high-grade zinc.\n \n \n \n \n \n Highlights\n \n \n \n \n \n ·\n High-grade assay results from Rockfire's second geotechnical drill hole at Molaoi (MO_GTK_002) are now available and provided below.\n \n \n \n \n \n ·\n MO_GTK_002 was drilled halfway between historical drill holes to provide sufficient sample volume for geotechnical test work, and to confirm continuity of zinc between the existing holes.\n \n \n \n \n \n ·\n High-grade individual zinc values up to 19.7% Zn over 0.4m width occur from 108.40m depth.\n \n \n \n \n \n ·\n Individual peak silver values are up to 94.2g/t Ag.\n \n \n \n \n \n ·\n Individual peak lead values are up to 2.5% Pb.\n \n \n \n \n \n \n \n ·\n An underground mineable width of 2.4m has an average grade of 5.8% ZnEq., from 106.94m (5.4% Zn, 0.6% Pb and 17.8g/t Ag)\n \n \n \n \n \n ·\n Germanium values remain low. However, hole MO_GTK_002 was drilled from the same position as MO_GTK_001, but at a shallower angle. Germanium may be concentrated in a particular part of the resource or controlled by structures or preferential lithology. More drilling is required to determine the precise association between zinc and germanium.\n \n \n \n \n \n ·\n The geotechnical drilling programme continues, with hole MO_GTK_008 having recently been completed. Core from the third drill has been sent to the laboratory.\n \n \n \n \n \n ·\n The Company intends to continue to keep the market informed over the coming months, with on-going analytical results pending.\n \n \n \n \n \n ·\n Discussions will soon commence with potential partners in Athens, Greece to commission the Company'...