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High-grade gold under Plateau resource
High-grade gold under Plateau resource.
About this update from Rockfire Resources Plc
[{"type":"text","content":"\n \nRNS Number : 2406X Rockfire Resources PLC 18 December 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\"). With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n18 December 2019\nRockfire Resources plc\n(\"Rockfire\" or the \"Company\")\n \nDrilling hits high-grade gold under Plateau resource\nRockfire Resources plc (LON: ROCK), the gold and base-metal explorer, is pleased to announce that high-grade gold has been intersected in the final two drill holes to test beneath the gold resource at the Company's 100%-owned Plateau Gold Deposit in Queensland, Australia.\n· 1 m @ 18.4 g/t Au in drill hole BPL012 is the second-highest gold grade encountered in drilling at Plateau;\n \n· 12 m @ 2.5 g/t Au, including 5 m @ 4.8 g/t Au (from 61 m), in hole BPL012;\n \n· 10 m @ 2.0 g/t Au, including 4 m @ 4.2 g/t Au (from 65 m), in hole BPL019;\n \n· Further geophysics is planned to extend the survey completed in November 2019;\n \n· These intersections extend the mineralisation at depth and are expected to expand the current resource estimate of 41,000 ounces of gold;\n \n· All drill holes in the October 2019 drilling program hit potentially economic gold grades and potentially mineable widths;\n \n· Modelling of mineralisation will be updated to include results from recent drilling;\n \n· Additional reverse circulation (RC) drilling is planned to extend gold mineralisation along strike and at depth.\n \nPlease refer to the following link to view the drill hole locations. \nhttp://www.rns-pdf.londonstockexchange.com/rns/2406X_1-2019-12-17.pdf\n \nDavid Price, Chief Executive Officer of Rockfire, commented:\n\"We're delighted that drilling beneath the Plateau resource has hit such excellent grades and widths. These results demonstrate that gold mineralisation extends deeper and provides strong growth potential for the resource.\"\n \n\"These deeper intersections are only 65m from surface and are st...