REG - Rockfire Resources - NED appointment prepares ROCK for development

Rockfire ResourcesAnnouncement

02/06/2025 07:00

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RNS Number : 9288K  Rockfire Resources PLC  02 June 2025

2 June 2025

 

Rockfire Resources plc

 

("Rockfire" or the "Company")

NED appointment prepares ROCK for development

Rockfire Resources plc (LON: ROCK), the base metal, gold, and critical mineral
exploration company, is pleased to announce that a new board member has been
appointed to the Rockfire board. After an extensive search for suitably
qualified and experienced mining executives to lead Rockfire through the
development stages of Molaoi, Rockfire is delighted to welcome Mr. Steven Hunt
to the board of directors.

 

Steven's appointment strengthens the technical and governance capability of
the board at a time when strong technical leadership is paramount to
successfully steer a project towards production. As Rockfire heads towards the
scoping/feasibility stage of development at Molaoi, it is prudent for the
board and management to prepare for the additional skills that will be
required within the Company.

 

Steven is the current Chair of the Australasian Joint Ore Resource Committee
("JORC") and has been for the last 11 years.

 

He previously worked for Rio Tinto continuously for more than 26 years,
including 9 years as its Chief Advisor Orebody Knowledge and 5 years as Chief
Advisor Resources and Reserves, both global roles. During his lengthy career
with Rio Tinto, Steven spent 3 years as the Geology Superintendent of the
7.8-million-ounce Kelian Gold Mine in Indonesia and 6 years as the Mine
Geology Manager for the 34-million-ounce Lihir Gold Mine in Papua New Guinea.

 

The board is delighted that Steven has joined Rockfire. Management is
advancing the Molaoi project with a planned upgrade to the resources from
Inferred to Indicated status, followed immediately by scoping and feasibility
studies into underground mining at Molaoi.

 

The company is eagerly anticipating the approval of its planned resource
upgrade drilling program by the Greek government. Recent changes to European
Union legislation regarding the approval of environmental applications has
resulted in the approval process taking longer than anticipated. The market
will be informed when our drilling permit is approved.

 

The following information is disclosed pursuant to Schedule two, paragraph (g)
of the AIM Rules for Companies.

 

Mr Steven John Hunt, aged 64 is currently a director of Hunt Geoservices
(Australia). He has not held any other directorships in the last 5 years.

 

There is no other information required to be disclosed under Schedule two,
paragraph (g) of the AIM Rules for Companies.

 

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 / Dan Dearden-Williams (Corporate Finance)
 Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

 CMC Markets UK Plc (Joint Broker)     Tel: +44 (0) 20 3003 8632
 Douglas Crippen

 

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