REG - Rockfire Resources - Resource Upgrade Drilling to Commence at Molaoi

Rockfire ResourcesAnnouncement

11/09/2025 07:00

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RNS Number : 8518Y  Rockfire Resources PLC  11 September 2025

11 September 2025

Rockfire Resources plc

("Rockfire" or the "Company")

Resource Upgrade Drilling to Commence at Molaoi

Rockfire Resources plc (LON: ROCK), the base metal, critical mineral and
precious metal exploration company, is pleased to confirm that diamond
drilling to upgrade the resource at the company's 100%-owned Molaoi zinc
deposit in Greece will commence on Monday 15(th) September.

·    The drilling rig has arrived on site and will be positioned on the
pad over the weekend in preparation for drilling on Monday 15(th) September

·    Upgrade from JORC Inferred to Indicated category expected on
completion

·    Maiden germanium Inferred resource expected on completion

·    30 drill holes planned

·    Hole depths vary from 200m to 450m

·    Total metres expected to be drilled is approximately 10,000m

·    Results for each hole will be released as they are received from the
laboratory

·    Drilling is expected to be continuous until at least February 2026

 

David Price, Chief Executive Officer of Rockfire, commented:

"It is with great pleasure that we announce the restart of drilling at Molaoi.
I would like to thank shareholders for their patience throughout the
permitting process."

"I would also like to thank our drilling contractors, Geotest Consulting
Engineers in Athens, who have pulled out all the stops to remobilise a rig
from elsewhere in Europe to be available for Molaoi by the 15(th) of
September, as promised."

"The board and Management look forward to bringing you a flow of good news as
our drilling advances."

 

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 (Sales and Corporate Broking)

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

 

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