|
Red Rock Resources PLC- Africa and Australia-focused gold and base metals development company - and Power Metal Resources PLC - metals exploration company, focused on North America, Africa and Australia - Release update for Victoria, Australia-based joint venture at Berringa gold mine project, which is 50.1% held by Red Rock and 49.9% held by Power Metal. Says drilling is completed with a total of six diamond drillholes totalling 988 metres, with the majority of drill core samples undergoing assay testing at a laboratory. ‘Four of the six drill holes completed as part of this programme encountered visible gold,’ companies highlight. Power Metal Resources Chief Executive Officer Sean Wade says: ‘Importantly, 4 of 6 drill holes encountered visible gold including a significant 30-metre-wide mineralised quartz vein in the final hole completed - which remains open downhole.’ Current Red Rock Resources stock price: 0.25 pence, down 9.1% on Wednesday 12-month change: down 42% Current Power Metal Resources stock price: 0.90 pence, down 5.3% on Wednesday 12-month change: down 29% Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
