LONDON: Rockfire Resources plc, the gold and base-metal focused explorer, announced that drilling has commenced to expand gold mineralisation encountered in hole BPL025, at the Company’s 100%-owned Plateau Gold Deposit in Queensland, Australia.
This drilling program will also aim to extend the near-surface gold resources at Plateau in north Queensland, Australia.
David Price, Chief Executive Officer of Rockfire, commented: “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.”
“A second aim of the current program is to expand and build greater confidence in the gold mineralisation at our near-surface JORC resource, in an effort to define an open cut resource, 80m from surface.”
“We are fortunate to get underway with drilling at this time of the year, as the usual wet season in northern Australia has not yet arrived and we intend to make the most of this window of good weather. Geological mapping, rock sampling and XRF analysis of drill samples from October 2019 drilling is in progress and the Company expects results from this analysis within the next few weeks. We will keep the market informed of our progress.”