Duyuru • Aug 10
Rockfire Resources plc has completed a Follow-on Equity Offering in the amount of £2.15 million. Rockfire Resources plc has completed a Follow-on Equity Offering in the amount of £2.15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,954,545,446
Price\Range: £0.0011 Duyuru • Jul 29
Rockfire Resources Provides Drilling Update from Molaoi Zinc Deposit Rockfire Resources plc provided a drilling update from Rockfire's 100%-owned Molaoi zinc deposit in Greece. Hole HMO-019 has returned multiple high-grade zinc and germanium intersections, including one of the highest recent drilling germanium values with a laboratory analysis of 84.1g/t Ge. Diamond drilling to upgrade the Inferred Resource to Indicated Resource status continues with hole HMO-021 currently in progress. Analytical results from Hole HMO-019 have arrived back from the laboratory and include: 0.10m @ 27.8% Zn, 87.6g/t Ag, 84.1g/t Ge from 202.29m downhole depth; 3.30m @ 18.9% Zn, 37.2g/t Ag, 25.0g/t Ge at 261.03m downhole depth; 1.50m @ 5.2% Zn, 31.7g/t Ag, 25.4g/t Ge from 225.51m downhole depth; 2.28m @ 4.6% Zn, 8.2g/t Ag, 12.0g/t Ge from 272.00m downhole depth; 3.24m @ 3.6% Zn, 23.3g/t Ag, 9.7g/t Ge from 251.60m downhole depth; 2.27m @ 3.0% Zn, 16.0g/t Ag, 18.8g/t Ge from 282.73m downhole depth. Results from the laboratory for drill hole HMO-020 are awaited. Multiple intersections in Hole HMO-019 successfully extends mineralisation down-dip on the same section as hole HMO-018. This hole confirms that zinc, silver and germanium mineralisation continues at depth, another 50m deeper than HMO-018, which encountered 3.13m @ 6.0% Zn, 52.7g/t Ag and 18.2g/t Ge. The grades intersected in Hole HMO-019 are stronger than those in hole HMO-018. Each hole which returns good zinc, silver and germanium adds tonnage to the targeted Indicated Resource. The completion of an Indicated Resource is part of the scheduled feasibility study into economic extraction of zinc, silver, germanium and lead at Molaoi. The company is continuing to fast-track several technical aspects of the feasibility study for Molaoi. Quotes have been requested to undertake comminution tests to determine the appropriate crushing and grinding equipment to include in the planned feasibility study. This quote will include unconfined compressive strength tests to determine the ability of the ground to withstand compressive forces once a void is created during underground mining. The quote being obtained will also include an initial round of ore sorting tests to determine if an uplift in grade is possible prior to milling. The company has been notified that the new drilling rig remains on schedule for landing into Athens in late September/early October as originally scheduled. The market will continue to be informed and updated as the Molaoi Project advances. The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver. Molaoi is also reported under the UNFC Code with classification E2, F2.1, G3 for Zn, Ag, and Pb, and E3.2, F3.1, G4.1 for Ge. Duyuru • Jul 14
Rockfire Resources plc Provides Drilling Update For Molaoi Zinc Deposit Rockfire Resources plc provided a drilling update from Rockfire's 100%-owned Molaoi zinc deposit in Greece. Hole HMO-018 has intersected good zinc grades and successfully infills another 50m panel in the anticipated Indicated Resource model. Each hole returning good zinc, silver and germanium adds material tonnage to its targeted Indicated Resource. Diamond drilling to upgrade the Inferred Resource to Indicated Resource status continues with hole HMO-021 currently in progress. Analytical results from Hole HMO-018 have arrived back from the laboratory and include: 3.13m @ 6.0% Zn, 52.7g/t Ag, 18.2g/t Ge and 1.5% Pb at 211.38m downhole depth; 1.30m @ 9.1% Zn, 65.3g/t Ag, 11.3g/t Ge and 1.3% Pb from 240.70m downhole depth; 0.91m @ 7.8% Zn, 38.0g/t Ag, 10.9g/t Ge and 2.0% Pb from 270.49m downhole depth. Results from the laboratory for drill holes HMO-019 and HMO-020 are awaited. Portable XRF readings from hole HMO-020 include: Peak individual values of 37.7% and 29.6% Zn; Peak individual silver values including 100g/t Ag; Peak individual readings up to 8.6% Pb; 0.85%Cu is the highest individual copper reading so far. The pXRF does not measure germanium. The cleanliness of the pXRF machine is established by measuring a BLANK reference material (a translucent quartz crystal) at the beginning of each day. A Certified Reference Material (CRM) specific to volcanic-hosted massive sulphide Zn-Pb-Cu-Ag-Au ore (ORES 620) is measured for accuracy/precision of the pXRF machine with a reading taken at the beginning of each day. The drilling contractor in Athens has informed Rockfire that the intended summer vacation for their drilling crews throughout Europe will occur during the second half of August, during which there will be no drilling activity. The completion of an Indicated Resource is part of the scheduled feasibility study into economic extraction of zinc, silver, germanium and lead at Molaoi. The Company has commenced fast-tracking several technical aspects of the feasibility study for Molaoi. Quotes are being obtained to undertake studies to apply for permits to reopen the underground workings for future mining use. These studies include drilling several holes into the path of the existing decline to determine geotechnical conditions to ensure a safe mining plan. It is expected that studies will commence this calendar year and are expected to take approximately 4 months to complete. The Company is expecting the completion of field observations as part of an Ecological Study in the coming weeks, with a final report expected in August. Hydrological observations are still being recorded as part of the baseline Hydrology measurements prior to mining. The Company has been notified that at this point in time the drilling rig remains on schedule for landing into Athens in late September/early October as originally scheduled. Duyuru • Jul 01
Rockfire Resources Provides Drilling Update From Molaoi Zinc Deposit In Greece Rockfire Resources plc provided a drilling update from Rockfire's 100%-owned Molaoi zinc deposit in Greece. High grade germanium up to 52.3g/t Ge continues to be encountered in drill core. Diamond drilling to upgrade the Inferred Resource to Indicated Resource status continues with hole HMO-020 currently in progress. A high value of 52.3g/t Ge has been intersected over 0.5m wide in hole HMO-017 at 309.5m downhole depth. Analytical laboratory results from Hole HMO-017 include: 2.20m @ 4.5% Zn, 38.8g/t Ag, 1.2% Pb and 35.7g/t Ge at 254.45m downhole depth. 1.00m @ 16.1% Zn, 33.80g/t Ag, 0.7% Pb and 21g/t Ge from 288.00m downhole depth. 5.9m @ 5.0% Zn, 20.5g/t Ag, 1.4% Pb and 16g/t Ge from 309.50m downhole depth. Results from the laboratory for drill holes HMO-018 and HMO-019 are awaited. Portable XRF readings from hole HMO-019 include: Peak individual values of 50.0% Zn. Peak individual readings up to 18.8% Pb. Peak individual silver values including 179g/t Ag and 163g/t Ag. 2.50% Cu is the highest individual copper reading. The pXRF does not measure germanium. The cleanliness of the pXRF machine is established by measuring a BLANK reference material (a translucent quartz crystal) at the beginning of each day. A Certified Reference Material (CRM) specific to volcanic-hosted massive sulphide Zn-Pb-Cu-Ag-Au ore (ORES 620) is measured for accuracy/precision of the pXRF machine with a reading taken at the beginning of each day. The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver. Molaoi is also reported under the UNFC Code with classification E2, F2.1, G3 for Zn, Ag, and Pb, and E3.2, F3.1, G4.1 for Ge. New Risk • Jun 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (112% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (UK£14.0m market cap, or US$18.8m). Duyuru • Jun 09
Rockfire Resources Provides Drilling Update for Molaoi Zinc Deposit Rockfire Resources plc provided the market with a drilling update from Rockfire's 100%-owned Molaoi zinc deposit in Greece. Diamond drilling to upgrade the Inferred Resource to Indicated Resource status continues with hole HMO-019 currently in progress. Analytical laboratory results from hole HMO-016 include: 0.76m @ 22.4% Zn, 187g/t Ag, 8.8% Pb and 34.6g/t Ge at 314.18m downhole depth; 1.08m @ 8.2% Zn, 42.5g/t Ag, 1.6% Pb and 22g/t Ge from 407.11m downhole depth; 4.5m @ 3.0% Zn, 20.7g/t Ag, 0.9% Pb and 20g/t Ge from 417.95m downhole depth. Results from the laboratory for drill holes HMO-017 and HMO-018 are awaited. Portable XRF readings from hole HMO-018 include: Peak individual values of 47.2% Zn and 46.5% Zn; Peak individual readings up to 5.3% Pb; Peak individual silver values including 168g/t Ag and 121g/t Ag; 0.76% Cu is the highest individual copper reading. The pXRF does not measure germanium. The cleanliness of the pXRF machine is established by measuring a BLANK reference material (a translucent quartz crystal) at the beginning of each day. A Certified Reference Material (CRM) specific to volcanic-hosted massive sulphide Zn-Pb-Cu-Ag-Au ore (ORES 620) is measured for accuracy/precision of the pXRF machine with a reading taken at the beginning of each day. Multiple drill holes are being drilled from the same position, but with differing angles to intersect the mineralisation at varying depths. This is designed to help in-fill between existing drill holes vertically, as well as laterally. SLR Consulting is closely monitoring our drilling program and continues to provide dynamic updates on the exploration database, the mineralisation model, the lithofacies model and the base of oxidation model. The updated drill hole master files were imported into the 3D mining software, Leapfrog, and reviewed for errors. In general, the drill hole files were error-free and in good shape. The oxide model was updated with the oxide logging from the new drill data, resulting in minor thickness changes to oxide and transition domains in the southern and central resource areas. The lithofacies model was updated, which showed that although the volcaniclastic packages can be modelled along the strike of the known deposit, new logging suggests the geometry of the packages pinches and swells with short-scale variation in thickness. pXRF data in HMO-015 suggests the main mineralised lodes are deeper than previously interpreted and have been potentially offset. pXRF data in HMO-016 show that mineralised zones are continuous down dip but are thin. The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15.0 million tonnes @ 7.26% Zn, 1.75% Pb and 39.50g/t Ag, for 1.5 million tonnes of ZnEq. metal. This resource uses a 4% low-grade cut, and equates to 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver. Molaoi is also reported under the UNFC Code with classification E2, F2.1, G3 for Zn, Ag, and Pb, and E3.2, F3.1, G4.1 for Ge. 
