REG - Rockfire Resources - Board Change

Rockfire ResourcesAnnouncement

08/10/2024 12:04

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RNS Number : 3868H  Rockfire Resources PLC  08 October 2024

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.

 

8 October 2024

 

Rockfire Resources plc

("Rockfire" or the "Company")

 

Board Change

 

Rockfire Resources plc (LON: ROCK), the base metal, precious metal, and
critical mineral exploration company, announces that Thomas Geissler is
stepping down from the Board of the Company with effect from 15 October 2024.

 

Thomas joined the Board of the Company to assist Rockfire in its aspiration to
develop a revenue-generating business. Following the announcement of a JORC
Mineral Resource upgrade of 500% at the Company's Molaoi zinc/silver/lead
deposit in Greece, the Board has elected to mainly focus its staff and
financial resources on the Molaoi project.

 

With this, Thomas acknowledges that the Company already has quality leadership
capability in the development of mining projects. Thomas intends to pursue his
other businesses outside of mining. The Board wishes Thomas all the best for
the future and appreciates the assistance provided during his time with
Rockfire.

 

For further information on the Company, please
visit www.rockfireresources.com (http://www.rockfireresources.com/)  or
contact the following:

 

 Rockfire Resources plc:                                       info@rockfire.co.uk (mailto:info@rockfire.co.uk)
 David Price, Chief Executive Officer

 Allenby Capital Limited (Nominated Adviser & Broker):         Tel: +44 (0) 20 3328 5656
 John Depasquale / George Payne (Corporate Finance)
 Guy McDougall / Kelly Gardiner (Sales and Corporate Broking)

 

 

Notes to Editors

Rockfire Resources plc (LON: ROCK) is a mineral exploration and development
company with a portfolio of 100%-owned mineral projects including a high-grade
zinc deposit in Greece and gold and copper projects in Queensland Australia.

·    The Molaoi deposit in Greece has a JORC resource of 1,090,000 tonnes
of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver. The Molaoi
deposit in Greece has a JORC Inferred Mineral Resource of 15 million tonnes @
7.26 % Zn,1.75 % Pb and 39.5 g/t Ag, for 1,500,000 tonnes of ZnEq. This
resource uses a 4% low-grade cut, and equates to 1,090,000 tonnes of zinc,
260,000 tonnes of lead and 19.1 million ounces of silver.

·    Molaoi also contains one of the world's geologically rare critical
metals, germanium. A preliminary germanium quantity, which does not comply
with the requirements of the JORC Code has been calculated at 4.8 million
tonnes @ 21.9 g/t Ge (105,700 kilograms germanium)

·    The Plateau deposit in Queensland has a JORC resource of 130,000
ounces of gold and 800,000 ounces of silver.

·    The Copperhead deposit in Queensland has a JORC resource of 80,000
tonnes of copper, 9,400 tonnes of molybdenum and 1.1 million ounces of silver.

 

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