Rockfire Resources recommences drilling at Plateau
Gold and base-metal focused explorer Rockfire Resources has recommenced drilling at the Plateau Gold Deposit in Queensland, Australia.
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16:55 07/11/24
Rockfire said reverse Circulation drilling was now in progress, with a planned program of 1,500 metres of drilling across 13 proposed drill holes.
The AIM-listed group's drilling program will aim to extend the near-surface gold resources at Plateau and was expected to take approximately 15 days to complete, with gold analyses to follow the completion of drilling.
Chief executive David Price said: "This current drill program is a very exciting one, as we are testing at depth to the east of hole BPL025, which was a very successful hole.
"Success with this follow-up drilling will demonstrate significant extension of this deep gold mineralisation in an east-west orientation."
As of 1450 GMT, Rockfire shares had surged 36.39% to 1.13p.