Business
Zinc grades from drilling at Molaoi
Zinc grades from drilling at Molaoi.
About this update from Rockfire Resources Plc
[{"type":"text","content":"\n\nThe 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 \n26 May 2023\nRockfire Resources plc\n(\"Rockfire\" or the \"Company\")\n Record-breaking zinc grades from drilling at Molaoi\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 has intersected the highest zinc grades ever encountered at Molaoi.\n \nHighlights\n \n· An interval of 0.2m grading 50.8% Zn has been returned from drill hole MO_GTK_003A at 142.7m depth. This result is immediately followed by an interval of 0.7m grading 43.2% Zn.\n \n· This lens of record-breaking grade averages 36% ZnEq. over a 1.42m total length (127.5g/t Ag, 2.7% Pb, 33.6% Zn) and represents the highest grades encountered at Molaoi so far, from 180 drill holes already drilled.\n \n· The interval quoted above, occurs within a broader, high-grade zone of 4.85m @ 14.6% ZnEq. (58.3g/t Ag, 1.9%Pb, 12.97% Zn).\n \n· A lower, footwall lode was encountered from 150.5m depth, which grades 11.7% ZnEq. over a width of 2.5m (49.1g/t Ag, 1.6% Pb, 10.2% Zn).\n \n· MO_GTK_003A has a continuous zinc lode interval of 11.3m @ 9.2% ZnEq. commencing from 141.7m depth (37.3g/t Ag, 1.2%Pb 8.1% Zn).\n \n· Individual peak silver values are up to 158g/t Ag.\n \n· Individual peak lead values are up to 3.7% Pb.\n \n· MO_GTK_003A was drilled halfway between historical drill holes and proves the continuity of zinc mineralisation. These assay results suggest that when infill drilling commences, the overall average grade of the deposit may increase. 180 diamond drill holes have been drilled at Molaoi.\n \n· Zinc/lead/silver mineralisation continues to be encountered in the projected positions as identified from the historical drilling by the Greek Government.\n \n· Germanium values remain low, suggesting that germanium may be...