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High-grade copper found at Copper Dome
High-grade copper found at Copper Dome.
About this update from Rockfire Resources Plc
[{"type":"text","content":"\n \nRNS Number : 7113T Rockfire Resources PLC 22 March 2019 \n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\") \n \n22 March 2019\nRockfire Resources plc\n(\"ROCK\", \"Rockfire\" or \"the Company\")\nHigh-grade copper found at Copper Dome\n \nRockfire Resources plc (LON: ROCK), the copper and gold-focused resource company, is pleased to announce that soil and rock samples collected from the Copper Dome Porphyry Copper Project in Central Queensland (\"Copper Dome\"), have returned rock samples up to 23.4% Cu and significantly elevated copper-in-soil values up to 779 ppm Cu. As announced on 26 November 2018, Rockfire has an option to acquire Copper Dome, which expires on 23 May 2019.\n \n· Rock samples returned maximum grades of 23.4% Cu, 3.2 g/t Au and 952 g/t Ag;\n \n· 23% of all rock samples assay above 0.5 g/t Au, above 5 g/t Ag and above 0.1% Cu;\n \n· High-grade copper, gold and silver rock samples define ridges radiating from the mapped centre of the porphyry system, with potential for high-grade, vein-hosted mineralisation in addition to porphyry-hosted mineralisation;\n \n· Elevated copper-in-soil occurs over a coherent area approximately 500m x 300m, suggesting potential for large tonnage;\n \n· Copper has been found in soils at a new, undrilled location to the north of previous drilling;\n \n· Soil program will be extended to the south to cover second mapped porphyry.\n \nA link is provided below to view the soil and rock sample distribution at Copper Dome.\n \nhttp://www.rns-pdf.londonstockexchange.com/rns/7113T_1-2019-3-22.pdf\n \n \nChief Executive Officer of Rockfire, David Price, commented:\n \n\"These results from our maiden soil and rock sampling program at Copper Dome have exceeded our expectations. The coherent distribution of the copper-in-soil is encouraging for tonnage potential, whilst the copper grades in the soils are almost 80 times background levels.\" \n \n\"The rock samples have returned extremely high-grade copper and strongly...