REG - Rockfire Resources - Rockfire & Sunshine Gold complete JV documentation

Rockfire ResourcesAnnouncement

22/03/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230322:nRSV8371Ta&default-theme=true

RNS Number : 8371T  Rockfire Resources PLC  22 March 2023

22 March 2023

Rockfire Resources plc

("Rockfire" or the "Company")

Rockfire and Sunshine Gold complete joint venture documentation

Rockfire Resources plc (LON: ROCK), the gold, base metal, and critical mineral
exploration company, is pleased to announce that further to the announcement
on 20 January 2023, all joint venture documentation between the Company and
ASX-listed Sunshine Gold Limited (ASX:SHN) has been signed. Sunshine Gold
Limited is farming into the 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. The signed documentation includes detailed farm-in, joint venture and
royalty agreements.

 

Please follow this link to view the full announcement by Sunshine Gold Limited
to the ASX.

http://www.rns-pdf.londonstockexchange.com/rns/8371T_1-2023-3-22.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8371T_1-2023-3-22.pdf)

 

David Price, Chief Executive Officer of Rockfire, commented:

"With the finalisation of official documentation, and with the price of gold
steadily increasing, it is timely to have active and exciting exploration for
gold occurring at Plateau. The Sunshine team continues to see new
opportunities for exploration targets at Plateau and other prospects within
the Lighthouse tenement. We look forward to hearing more results of their work
and we will continue to inform the market as their exploration activities
progress."

 

For further information on Rockfire, 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)
 Matt Butlin / Kelly Gardner (Sales and Corporate Broking)

 

 

Notes to Editors

 

Rockfire Resources plc (LON: ROCK) has a portfolio comprising a high-grade
zinc/lead/silver/germanium deposit in Greece and gold/copper/silver projects
in Queensland, Australia.

 

§ The Molaoi deposit in Greece has a JORC resource of 210,000 tonnes of zinc,
39,000 tonnes of lead and 3.5 million ounces of silver, using a 4% Zn cut off.

§ 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.

§ 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, using
a 0.13% CuEq. cut off.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  JVEPPUQPWUPWUQP