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Shallow gold target at Plateau confirmed
Shallow gold target at Plateau confirmed.
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 21 June 2022\n \n \n \n Rockfire Resources plc\n \n \n \n \n \n(\"Rockfire\" or the \"Company\")\n \n \n \n \n Shallow gold target at Plateau confirmed\n \n \n \n \nRockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce that soil sampling at the Plateau gold deposit in Queensland, Australia, has returned strongly elevated gold results, which outline a readily accessed and untested target at least 200 m long.\n \n \n ·\n This target is outside the area included in the +200,000 ounces of JORC resource already drilled at Plateau\n \n \n \n \n \n ·\n Unusually high soil results up to 0.67 g/t gold and 2.3 g/t silver have been returned\n \n \n \n \n \n ·\n The gold anomaly is undrilled and extends for over 200 m\n \n \n \n \n \n ·\n The soil anomaly is open along strike and extends beyond the limit of the sampling grid\n \n \n \n \n \n ·\n Gold results are strongest at the edges of the intruded breccia pipe, where the main gold resource at Plateau is also located\n \n \n \n \n \n ·\n 105 samples were collected, of which 41 samples were above 0.1 g/t Au (1,000 ppm)\n ,\n representing 39% of the samples\n \n \n \n \n \n An image showing the soil sampling results, the edge of the breccia and the JORC gold resources can be viewed via the following link. http://www.rns-pdf.londonstockexchange.com/rns/5555P_1-2022-6-20.pdf\n \n \n \n \n \n \n David Price, Chief Executive Officer of Rockfire, commented\n \n , \n \n \n \n \"Rockfire has previously reported that the northern side of the breccia may present a target based on high-grade gold-in-rock samples. These soil sampling results are more coherent than expected and confirm the outline and extent of near-surface gold on the north-eastern edge of the breccia.\n \n \n \n \n \"The magnitude of the results is pleasing and provides a clear target for drilling. In addition to our on-going work in Greece, Rockfire intends to drill the near-surface gold targets at Plateau to increase the JORC resources already d...