19:39 Tue 23 Jul 2019
Rockfire Resources - Update on Papua New Guinea Licence
("Rockfire", "the Company" or "the Group")
Update on Papua New Guinea Licence
Chief Executive Officer of Rockfire,
"Today's announcement signifies the Group's exit from
"Copperhead is a coherent and sizable surface copper anomaly 3km x 2km in area. Five diamond drill holes from drilling in 1972 encountered visible copper and molybdenum minerals throughout their lengths, including two holes which were 300m long. Results of all samples collected throughout the 5 drill holes average 0.35% copper equivalent. Potentially, Copperhead hosts a minimum of 300m of continuous copper mineralisation, with all holes terminating with visible copper minerals still present."
"Copper Dome, also in
"Rockfire is preparing for its maiden drilling program at Copperhead and management is excited to be testing such a large-scale target. The market will be informed once drilling commences."
For further information on the Company, please visit www.rockfireresources.com or contact the following:
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Email: info@rockfireresources.com |
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Tel: +44 (0) 20 33 285 656 |
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Tel: +44 (0) 20 73 742 212 |
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Tel: +44 (0) 1 483 413 500 |
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