REG - Rockfire Resources - Plateau continues to deliver near-surface gold

Rockfire ResourcesAnnouncement

Today 08:45

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RNS Number : 7329Q  Rockfire Resources PLC  11 July 2025

11 July 2025

Rockfire Resources plc

("Rockfire" or the "Company")

 

Plateau continues to deliver near-surface gold

Rockfire Resources plc (LON: ROCK), the base metal, critical mineral and
precious metal exploration company, is pleased to inform the market of an
update provided by Sunshine Metals Limited (Sunshine), regarding drilling
results for gold exploration at the Plateau Prospect in North Queensland.
Sunshine is farming into Rockfire's Lighthouse tenement and has the option to
earn a maximum 75% interest in the tenement by expenditure of AUD$2.2m over a
3-year period.

A link to the original Sunshine Metals announcement to the Australian Stock
Exchange is provided here.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02966755-6A1272677&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6

 

•    Resource infill drilling of 8 RC holes, for a total of 599m

•    8m @ 3.17g/t Au and 31g/t Ag (25PLRC006)

•    Including 2m @ 6.97g/t Au and 84g/t Ag

•    Previous drilling being in-filled by the recent drilling includes:

•     11m @ 4.57g/t Au from 39m (PLP130)

•     11m @ 2.74g/t Au from 39m (BPL020)

•     13m @ 1.97g/t Au from 30m (PLP138)

•    A sample for metallurgical test work has been collected from
25PLRC006. The new RC drilling and subsequent metallurgical results will be
used to update a Resource for Plateau, due in late 2025.

 

David Price, Chief Executive Officer of Rockfire, commented:

"Although our focus is on the Molaoi critical mineral project in Greece,
Rockfire keeps a close eye on activities at our Australian gold operations,
and particularly the work being carried out by our joint venture partner,
Sunshine Metals in North Queensland."

"The results from this drilling will be included in an update to the Resource
model and provides samples for planned metallurgical test work."

"Sunshine continues to increase its knowledge of the Plateau prospect and it
is pleasing to read that Plateau is being considered as part of Sunshine's
ambition to commence near-term, open cut gold mining. We commend Sunshine for
their professional and diligent development efforts."

 

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)
 Guy McDougall / Matt Butlin (Sales and Corporate Broking)
                                                                +44 (0)20 3003 8632

 CMC Markets UK Plc (Joint Broker)
 Douglas Crippen

 

Glossary

 Item      Definition
 "3D"      three dimensional
 '' Ag''   silver
 "Cu"      copper
 '' Ge''   germanium
 '' g/t''  grams per tonne
 ''JORC''  Joint Ore Resource Committee
 "km"      kilometre
 "m"       metre
 '' Pb''   lead
 "ppm"     parts per million
 "pXRF"    portable X-Ray Florescence
 "VMS"     volcanogenic massive sulphide
 ''' Zn''  zinc
 "ZnEq''   zinc equivalent

 

Qualified Person Statement

The technical information in this announcement is based on information
compiled by Mr David Price, the Chief Executive Officer of Rockfire Resources
plc, who is a Fellow of the Australasian Institute of Mining and Metallurgy
(F.AusIMM). Mr Price has sufficient experience relevant to the style of
mineralisation and type of deposit under consideration and to the activity
which has been undertaken to qualify as a "Qualified Person" in accordance
with the AIM Rules Guidance Note for Mining and Oil & Gas Companies. Mr
Price consents to the inclusion in the announcement of the matters based on
their information in the form and context in which it appears.

 

 

 

 

 

 

 

Notes to Editors

Rockfire Resources plc (LON: ROCK) is a gold, base metal and critical mineral
exploration company, with a high-grade zinc/lead/silver/germanium deposit
in Greece and a portfolio of gold/copper/silver projects in Queensland
Australia.

 

·    The Molaoi deposit in Greece has a JORC Inferred Mineral Resource
of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million
tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to
1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces
of silver.

 

·    The Plateau deposit in Queensland has a JORC resource of 131,000
ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off. 53,000
of these ounces lie within the top 100m from surface. Plateau is subject to a
farm-in by ASX-listed Sunshine Metals Ltd (ASX:SHN).

 

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