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.





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agreed - well done and gl

not forgetting ggp!

http://www.minesite.com/nc/minews/singlenews/article/red-rock-resources-is-beginning-to-establish-itself-as-a-serious-contender-among-the-gold-juniors/

Looks like next week for the tailings / sample results then?

Bullish signal on the MACD (blue crossed up through red) moving from the lowest point for a very long time.

New audio interview with AB. A must listen!
http://www.miningmaven.com/k2/companies/red-rock-resources/red-rock-resources-in-depth-andrew-bell/

StockMarketWire.com
Red Rock Resources has reported a fall in production in Colombia.

Ore mined from the El Limon mine in Antioquia, Colombia in the week to 28 May 2011 fell to 47.2 tons per day, while ore processed through the plant fell to 38.4 tonnes per day.

A principal reason was the death of an employee in a local incident apparently unrelated to his work, and the custom of all employees being given a day off for the funeral, which also led to 5 day working.

After selling 707.3 grams of gold in the week to 7 May 2011, 727.32 grams of gold in the week to 14 May 2011, and 758.9 grams in the week to 21 May 2011, 1,069 grams were sold in the week. Further dore bars being delivered to the refinery are expected to result in a May total gold production of approximately 4.4 kg.

The company's head of mining operations and development, the chief technology officer, and other executives are at the mine planning and implementing changes towards more efficient working practices, to include seven day working, better dilution control, partial mechanisation, improvements in metallurgical test work at each stage of production, and recruitment of mine geologists.

Delivery of the first of two hydraulic shovels during June, and opening of new stopes, are expected to lead to significant short-term improvements over the coming weeks. The company's 51% owned local subsidiary achieved operational break-even for part of the month of May, and it is now planning on the basis of cash flow break-even in June and operational profitability in July. Reports of gold production will now move from a weekly to a fortnightly basis.

In 8 March Red Rock announced that it had exercised its option to take a 51% shareholding in Mineras Four Points SA ("MFP"), the company operating and owning the El Limon mine in Colombia for a total cash consideration of up to $7.5m., of which $5.502m. (the "Initial Consideration") was paid or payable on completion of a loan guarantee by the vendors, with $1m. deferred until MFP had an average ore production of 150 tonnes per day for a continuous 90 day period and a further $998,000 payable only when MFP achieved a net operating profit of $10m. in one year.

Red Rock has now agreed with the vendors to defer a further 1m. of the initial $5.502m. consideration pending resolution of an issue in relation to availability of areas for eventual expansion of the second mine at Machuca. These areas are not required for near-term operations at Machuca. Red Rock has now made full payment of the balance of the Initial Consideration.

Final metallurgical results from the Macalder tailings at Migori, Kenya, have been analysed by the company and the possibility of a new Resource calculation is being investigated. The company considers the results of the assessment to be positive and a full report will be issued shortly.

Drilling continues at Migori West and Migori East licenses.

Technically speaking, Red Rock actually reported an increase in production (gold smelted and sold), but a decrease in weight of ore mined and processed.

Punters are to tuned into gold production, we know or should know tonnes per day are going to increase over months years plus all the other stuff RRR has going, any sp below 30p is a bargain at this stage of growth.

Couldn't agree more.
And from today's RNS:

"Delivery of the first of two hydraulic shovels during June, and opening of new stopes, are expected to lead to significant short-term improvements over the coming weeks."

From the audio interview out last weekend I take this to mean the antipicated step up to ~100tpd.

Thursday 09 June, 2011
Update - Macalder metallurgical testwork
RNS Number : 1634I

http://moneyam.uk-wire.com/cgi-bin/articles/201106091146231634I.html

Dear colleagues and shareholders,

As you may have seen, we have been able to confirm our metallurgical work at the Macalder tailings in Kenya, and believe that with a simple plant and process flow some 50,000 oz of gold can be extracted economically.

Our environmental assessment is encouraging so far, so we are establishing a separate team to take this project forward and 'fast track' the next stages. This is an encouraging development for shareholders, and a good piece of news with which to end the financial year.

As has been reported, we drilled the tailings, we got CSA to prepare an Indicated Resource showing 75,000 oz contained gold, we got Amdel Labs in Perth to do the metallurgical work, and we asked Len Holland to assess it. We got the highest quality advice at every stage. We are not going to change our approach and put out a bullish announcement about how this is a project that is going ahead and will make money until we have done the proper work. That is the answer to those who complain that we are not sufficiently upbeat or clear in our announcement.

We are not going to say 'we are going into production' until we have a proper and professional assessment of capital cost. We would look unprofessional. And we only just now have the answers on process and flowsheet. So only now can we know what to cost. The sizing of units, eg the leaching tanks, and the flow sheet are dependent on the answers to the very questions to which we only now have answers: such as 'do we leach for 24 or 48 hours?', and 'do we need to grind?' The answers to both questions were positive....

But the remaining work will not take long, and we would not be undertaking it if we were not confident that our internal rough IRRs looked robust.

Kind regards,

Andrew Bell

ZZZZZZZzzzzzzzzzzzzzzz..

mmm

Now that is more like it!

Excellent RNS :)

Red Rock Resources
RNS Number : 5787I
16 June 2011

Update - production and new tenements

http://moneyam.uk-wire.com/cgi-bin/articles/201106161359195787I.html

Good news from here on by the looks of it, should put a boost up RGM as well.

Surprised to see this drop after that update. Expected a rise.

Expect 6p imo.

For what reasons?

Our listed assets JMS, ASMP, RSL, CUE and NMR alone are worth 4.5p/share.

So you think Colombia, Kenya, Greenland, Kansai and the rest are worth 1.5p/share?

Sorry, but 'LOL'.

This should be back in the teens now.