Red Rock Resources plc has started a drill programme at the Luanshimba copper-cobalt project in the Haut-Katanga Province of the Democratic Republic of Congo (DRC). The company’s 80% owned Congolese subsidiary Red Rock Galaxy SA is the operator. The programme, which will be the first step towards delineating a resource, comprises an initial 2,000m of […]
Tag: Red Rock Resources plc
Red Rock hopes high for Luanshimba drilling
Red Rock Resources plc said it had nearly completed preparations for a drill campaign at its 80%-owned copper and gold targets at the Luanshimba project in the Democratic Republic of Congo. The project, situated 65 km south-east of the provincial capital of Lubumbashi in Haut-Katanga, is in a 420 hectare prospecting licence (PR13513) in the […]
Red Rock marks milestone at Mikei gold project
Red Rock Resources plc said it had paid $1 million of its obligation to Kansai Mining Corporation Ltd towards completing the purchase of the remaining interest in the Mikei gold project in Kenya. The outstanding amount of $1,500,000 will be in the form of an issue of 101,550,000 new ordinary shares of 0.01p in the […]
Red Rock quickens to drill stage in Luanshimba
Red Rock Resources plc said it intended to speed up progress towards drilling at its 80% owned copper-cobalt Luanshimba licence in the Democratic Republic of Congo (DRC). The announcement followed further positive results from the ground geophysics programme at the site. The natural resource development company said that the first two phases of the programme […]
RRAL granted three licences in Victoria gold fields
Red Rock Resources Australasia Pty Ltd (RRAL) said it had been awarded its first licences for a period five years in the gold fields of Victoria, Australia. LICENCES The licences include 133 km2 Blue Whale, south and east of Ballarat (EL007271); 74 km2 Blue Chip, west and south of Ballarat (EL007281); and 8 km2 Blue […]
Red Rock looks to ‘dynamic’ 2021
Red Rock Resources plc said it planned dynamic exploration and active local engagement following years of preparations as it reported a higher profit following a loss for the previous period. Group profit before tax was £5,156 million for the year ended 30 June 2020 compared with £1,724m for the previous year. The company, with interests […]