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Rockfire Resources PLC - London-based base metal, critical mineral and precious metal miner - Confirms that diamond drilling to upgrade the resource at its 100%-owned Molaoi zinc deposit will start on Monday, September 15. Expects, upon completion, a maiden germanium inferred resource and an upgrade from the JORC Inferred to Indicated category. Drilling rig has arrived on site with 30 holes planned at varying depths from 200 metres to 450 metres. Expects drilling to total approximately 10,000 metres in total, with continuous work until at least February next year. Rockfire will release results for each hole upon receipt from the laboratory. ‘It is with great pleasure that we announce the restart of drilling at Molaoi,’ comments Chief Executive Officer David Price. ‘I would like to thank shareholders for their patience throughout the permitting process. I would also like to thank our drilling contractors, Geotest Consulting Engineers in Athens, who have pulled out all the stops to remobilise a rig from elsewhere in Europe...The board and management look forward to bringing you a flow of good news as our drilling advances.’ Current stock price: 0.29 pence, up 6.8% on Thursday in London 12-month change: up 52% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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