Rockfire Resources PLC on Wednesday said that its fifth hole at the Molaoi zinc deposit in Greece has encountered more high-grade zinc, silver, and lead.

Rockfire Resources is a Greece and Australia-focused gold, base metal and critical mineral exploration company.

Two distinct, high-grade zinc lodes have been intersected in Rockfire’s fifth drill hole, which is 50 metres north of previous holes and infills historical drilling.

Rockfire noted individual peak zinc values of up to 29.8% zinc, and peak lead values up to 3.3% lead. Peak silver values are up to 204.0 grams per tonne of silver.

Further, intervals exceeding the minimum underground mechanised mining width of two metres continue to be intersected.

Rockfire said it would continue to keep the market informed over the coming weeks, with ongoing analytical results pending.

Rockfire Resources shares were flat at 0.35 pence each in London on Wednesday.

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