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Red Rock Resources delighted as work towards JORC resource at Musonoi mine advances

Red Rock Resources PLC's Andrew Bell (LON:RRR) tells Proactive London they've completed the first phase of work at their Musonoi mine in the Democratic Republic of the Congo.

He says they've digitised data from 83 old drill holes, 9 cross sections and an open pit shell at the site.

Bell says they've also also recreated a remodelled historic orebody at 2.5% and 1% copper cut-offs and are seeking old core to resample.

Quick facts: Red Rock Resources PLC

Price: 0.425 GBX

AIM:RRR
Market: AIM
Market Cap: £2.87 m
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Red Rock Resources PLC boss hoping to be cash flow positive by year's end

Andrew Bell, chairman of Red Rock Resources PLC (LON:RRR), is hopeful that the mineral exploration and production company will be ”showing appreciable positive cash flows” by the end of 2016. Bell tells Proactive that if everything goes to plan at Shoats Creek, Red Rock will also “be...

on 1/4/16

2 min read