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Red Rock Resources (RRR)     

moneyman - 30 Apr 2007 23:13

Company Description
Red Rock is a mineral exploration and development outfit.
IPO Details
Issue Date 29-07-2005 Prospectus n/a
Issue Price 2.00p Lead Broker ARM Corporate Finance
Market Cap £2.87m Contact Tel 020 7512 0191
Method Placing
Sector Mining
Market Aim
Amount Raised £0.60m

Web site:- http://www.rrrplc.com/



Exploration update 3rd August 2006 - Red Rock Resources PLC said a significant new iron discovery has been made at its Central Yilgarn Iron Project in Australia. Jupiter is targeting extra iron ore tonnage of over 20 mln tonnes from the discovery. Production from the Central Yilgarn Iron Project is planned to be crushed on site, trucked to Menzies, 90 kilometres away, and then railed to the Port of Esperance

Exploration Update 9th August 2006 - Manganese Resource defined at Mkushi, Zambia gives an indicated tonnage of 2,365,000 million tonnes of manganese ore


Red River (RVR), which is a stock we rarely hear from, performed a similar trick, announcing the recovery of high-grade iron ore samples from a project in the Pilbara region of WA, and receiving a share price boost of A3 cents (20 per cent) to close the week at A18 cents. (courtesy of Minesite)



PLUS MARKETS LINK
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B0CQLF79

Red Rock Resources plc said it has signed a
deal with Zambian firm Chiman Manufacturing Ltd for the processing of manganese
to produce ferromanganese.
The mineral exploration and development company said Chiman will provide
crushing, preparation, and processing of ore supplied by Red Rock's Zambian unit
from stockpiles and surface material at its Chiwefwe mining license.
The company added it expects to make first deliveries shortly.

Chart.aspx?Provider=EODIntra&Code=RRR&Si



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gibby - 14 Feb 2011 20:51 - 263 of 859

sorry i meant just dont seem to be able to STOP myself - having said that help may have been more appropriate?! lol lol - have a good evening dude

HARRYCAT - 15 Feb 2011 14:44 - 264 of 859

Dated: 15 February 2011

Red Rock Resources plc reports on developments.

Kenya
In October 2010, CSA Global Ltd ("CSA") and the Company finalised drilling programmes to test, validate and extend the current resource targets, and to investigate potential further targets. A drill programme to test copper-gold VMS target will also take place shortly.

Local drilling companies began drilling before the New Year, and diamond, reverse circulation, and air core drills brought into the country are expected to be coming into operation in stages from the end of this week. This will speed up the programmes in order to complete them as far as possible before the beginning of the rains.

The results from stage 2 of the metallurgical testwork on the Macalder tailings are awaited.

Colombia
Customs delays, followed by a nationwide strike by the transport industry, have caused late delivery of a small number of essential parts for the agitators for the larger flotation cell unit. This has caused a temporary halt to the scaling up of production. Once parts are delivered, production can increase. Meanwhile, the mine at El Limon is operating two shifts, and the crushers and conveyors are operating satisfactorily. The ball mill has been run at 24 hours a day, as have the jig, pumps, and other elements of the plant.

Material processed is 6 g/t, and some 450 tons of this material remains in silo. Material mined is grading 12-15 g/t and improving, but the decision was to process lower grade material until the plant is running smoothly in all respects.

The Machuca mine is now in operation, and initial production is at about 20 tpd at a grade of 6 g/t.

The Company has agreed in principle the early exercise of its option over a majority of the share capital of its partner Mineras Four Points SA ("MFP"), at a reduced initial cost, with remaining payments related to the achievement of key targets, and will make a further announcement shortly. This will enable the Company to take operational control immediately.

The Company has appointed recently a chief financial officer for MFP, and has had a consultant engineer from the United States visit the site. His full report is awaited, but his conclusion was that the mine and plant were without fundamental problems, had capable employees, were capable of expansion, but lacked proper flowsheets and planning, and that the slight delays encountered were not a cause for concern. The Company has sent him now to provide assistance to our associates in Costa Rica, and he will then return to Red Rock's Colombian operations.

A director of the Company is remaining full-time in Medellin while the ramping up of production and the organisational restructure are taking place.

The Company pays tribute to the goodwill and active co-operation of its local partners in accomplishing the often difficult task of moving from a small-scale family-oriented operation to a larger operation with external controlling shareholders. Red Rock can now look to the future at El Limon and Machuca with great confidence.

Tasmania
A previously undrilled 3 km North-South trending magnetic anomaly on the Arthur River tenement along strike north from the Savage River mine was tested by a five hole reverse circulation drill programme of 700m across the waist of the geophysical target in late 2010. Results have been received and while magnetite was encountered in all holes, these were not of sufficient grade and quality to make it likely that this will be an economic deposit.

Other
The Company is reviewing a number of new opportunities."

martinl2 - 15 Feb 2011 14:59 - 265 of 859

All progressing well then.

2517GEORGE - 15 Feb 2011 15:31 - 266 of 859

Except for the sp.
2517

HARRYCAT - 15 Feb 2011 16:20 - 267 of 859

and except for Tasmania.........and the strike in Colombia...............

martinl2 - 15 Feb 2011 16:52 - 268 of 859

Colombia is the important thing, and its progressing. They've fixed the crusher and are waiting for a few final parts which are delayed by strikes rather than something up with the mine, which is good. Outside consultant says there are no fundamental issues, staff are competant etc (which I suspect may be a precursor to borrowing a few $mill to exercise the option), and we are going ahead with exercising the option to acquire c.54% of the mines and get full operational control of the project.
So yes, things are progressing well.

driver - 15 Feb 2011 17:05 - 269 of 859

All looks good to me, long term hold steady as she goes.

gibby - 15 Feb 2011 21:16 - 270 of 859

yep happy with that - no show stoppers - sp reacted as expected really - satisfactory day at the office of rrr imo

martinl2 - 16 Feb 2011 09:39 - 271 of 859

Overreacted now. The 'bad news' is out of the way now I feel, and from here things (tonnage, grade, sale of gold) should improve incrementally at Colombia. We are taking control of the mines from MFP via our options to acquire 51%+ of the company and once this gets up and running to full capacity with the required parts delivered and installed for the large floation tank, we will be making a lot of money.
Plus there is also plenty of other news due on other projects.

driver - 16 Feb 2011 12:13 - 272 of 859

m2
Agree this is a good time to top up, there is to much going on with RRR to sell at this stage its to late to trade we all know where the sp will be in a few years 50p-80p? This is a top up on the dips share and patience needed on the way.

HARRYCAT - 16 Feb 2011 12:17 - 273 of 859

This is more than a dip. It is a strong down trend. Hopefully the 200 DMA will provide support. Why buy when the sp is still in this trend? I hold atm, but am annoyed with myself for hanging on when the chart screamed sell. Until the down trend is broken, why try and catch a falling knife?

gibby - 16 Feb 2011 17:32 - 274 of 859

hc i can understand what you are saying but i am sure the reason you would not be more annoyed is that rrr will be back up and higher in the not too distant - it has panned out well for me as i should be topping up tomorrow i was worried i would miss the chance at this sp - but i may not rush - do not expect another rns for at least a week imo - and if the downward trend continues may get more value for me dough hope i'm not stretching my luck!! again!

martinl2 - 17 Feb 2011 11:41 - 276 of 859

New Mining Maven interview:

http://www.miningmaven.com/k2/companies/red-rock-resources/red-rock-resources-update-qa-with-andrew-bell/

driver - 17 Feb 2011 11:53 - 277 of 859

From the other side iii

Email from AB - in full

Ischaemic Leeson
---------------------------------
To reiterate: all is going extremely well. And we are updating the market very regularly.

Both with RNS announcements, and telephone dial-ins.

We are not having a rough ride. There is a problem every day, but that is expected, and we have a full team dealing with that.

1. Kansai. It is good either way. We would rather have through Kansai a higher stake in Migori than that we hold through farm-in alone. But if Kansai sells its assets we gain short term and get cash in. A great dilemma to have. Since we dont control Kansai, and they appear fairly inexperienced in regulatory matters, we somewhat cynically say dont hold your breath on the deal. And weve been consistent in this. It seems over 50% likely. But we dont know more than you. And that isnt, perhaps, the way it should be. Thats not our fault.
2. Colombia. The mine is good; the plant is good; our external consultant brought in to recheck last week believes the 150 tpd level will be achieved rapidly on full operation. The grade seems up to expectations. So the message to shareholders is rejoice. 2 or 3 weeks of interrupted working after plant start, and a slower than expected build-up due to parts supply, are really minor matters. We were misled by a supplier, and that is vexing to our team out there who were let down. But the big picture is one huge sigh of relief!
3. Tasmania. We reported the programme; the object; and the result. We were optimistic and hoped for better obviously. Most companies quietly bury their drill failures. But most drill campaigns fail again, obviously. And its shareholders money, and we are going to tell them we tried, and tell them we failed, and if some of them are too unsophisticated to see were treating them as adults, and not as patsies (as other companies do) then too bad.

Some shareholders are losing perspective. Not those who were in the stock a year ago at 2p. But those who bought at the top (after a rise from 2p to near 20p in not much over 3 months) and see a setback of 30% or 40% in 2 or 3 months from their purchase price. There was a lot of volume at the top. There may be many such investors. I understand their concern, but they need to take a longer view, consider how vulnerable a stock always is after such a large rise, and stop lashing out at the management.

Each project has its own RRR (or RGM) management team; I can tell you they are all doing a good job. Of the three main projects of the two companies, Mambare, Migori, and Colombia, one Mambare is running so smoothly and we feel so confident in the managers we have totally delegated decision-making responsibility to the joint DNi/RGM operating committee, one Migori has so good a team and such experienced leadership that we only intervene on budgetary matters, and one Colombia is being personally dealt with by a RRR director on the ground who is achieving the difficult task of bringing in our control and systems, at the same time as helping implement and modify an operation plan formed and initiated by our local partners before our first involvement in Autumn 2010 (not long ago, when you think about it).

A

driver - 17 Feb 2011 18:39 - 278 of 859

NEWS RELEASE - Cue Resources Ltd. To Conduct Drilling at San Miguel, Yuty Uranium Project

February 17, 2010 TSX-V:CUE

Highlights;

3500 metres of drilling planned, 45-50 Holes
Targeting a new zone, San Miguel
5 km NE and on strike with the current resource at San Antonio
Near surface mineralization

Vancouver, BC, February 17th, 2010 - Cue Resources Ltd. (the
"Company") is pleased to announce that preparations are underway
for a new drill program on the San Miguel (See Figure 1 below) zone
located on the Company's 100% owned Yuty uranium project in
south-eastern Paraguay. Sixty-four historic holes have been drilled
previously with three holes of heightened interest in the
0.10-0.50m% eU3O8 range.

"We are excited to accelerate our 2011 exploration program as we
begin to explore the resource potential at San Miguel," stated
Robert Tyson, President and CEO. "Our drill programs to date have
been limited to the San Antonio zone. We have 3 other zones to
drill in the immediate vicinity of San Antonio, within the Yuty
uranium project including San Miguel. It is time to capitalize on
the historic exploration undertaken by Anschutz in the early 1980s
and begin to define the potential at San Miguel."

The program will consist of approximately 45-50 holes totaling
approximately 3500 metres. The goal of the drilling is to quantify
additional resources and refine the geological model at San Miguel
and Yuty as a whole. Current data shows a significant number of
historical holes at San Miguel have encountered anomalous or better
uranium mineralization.

San Miguel

San Miguel is located 5 km NE of San Antonio along the
reduction-oxidation (redox) front which hosts the uranium
mineralization at San Antonio, San Miguel, Yarati-y, and Typychaty.
All four of these zones show high-priority target areas and all
have historical drilling which has intersected anomalous or better
uranium mineralization. Each zone is similar in area to San
Antonio. The redox front appears to define a nearly continuous
zone of potentially significant mineralization.

Figure 1 - Yuty Uranium Project, Paraguay

http://media3.marketwire.com/docs/Yuty_Figure1.pdf

San Antonio Deposit

The San Antonio Deposit consists of a current NI 43-101 compliant
resource, Indicated, 9.0M tonnes @ 0.042% eU3O8 containing 8.3M lbs
eU3O8 and an Inferred Resource of 1.1M tonnes @ 0.050% eU3O8
containing 1.2M lbs eU3O8. Column leach tests have demonstrated
recovery of up to 86% of the contained uranium from cores taken
from San Antonio. In addition, laboratory testing on drill cores
has shown permeability and porosity values within the range of
existing commercial ISR operations.

About Cue Resources
Cue Resources Ltd. is focused on developing the Yuty Uranium
District in south-eastern Paraguay. For detailed information,
please see the Cue web site at http://www.cue-resources.com.

Chris M. Healey, P.Geo, a director of Cue, is the Qualified Person
responsible for the technical content of this release.

On behalf of the Board of Directors

"Robert S. Tyson"
President and Chief Executive Officer

martinl2 - 18 Feb 2011 10:07 - 279 of 859

Good news! The strikes in Colombia have been lifted.

http://www.reuters.com/article/2011/02/18/colombia-truckers-strike-idUSN155868020110218

driver - 18 Feb 2011 11:53 - 280 of 859

m2
Yes good news, on onward and upwards as they say.

gibby - 23 Feb 2011 09:59 - 281 of 859

lol lol -what a bargain - just topped up some more here using some of me wet profit

must be a buy at this price lol

kerrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnggggggggggggggggggggggggggg

they are not called RED rock for nowt

Balerboy - 23 Feb 2011 10:21 - 282 of 859

ah, owe a lot of money do they as "in the red" gibs.,.
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