The information contained within this announcement is deemed by the Company to constitute inside information pursuant to Article 7 of EU Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended.
8 October 2024
Rockfire Resources plc
("Rockfire" or the "Company")
Board Change
Rockfire Resources plc (LON: ROCK), the base metal, precious metal, and critical mineral exploration company, announces that Thomas Geissler is stepping down from the Board of the Company with effect from 15 October 2024.
Thomas joined the Board of the Company to assist Rockfire in its aspiration to develop a revenue-generating business. Following the announcement of a JORC Mineral Resource upgrade of 500% at the Company's Molaoi zinc/silver/lead deposit in Greece, the Board has elected to mainly focus its staff and financial resources on the Molaoi project.
With this, Thomas acknowledges that the Company already has quality leadership capability in the development of mining projects. Thomas intends to pursue his other businesses outside of mining. The Board wishes Thomas all the best for the future and appreciates the assistance provided during his time with Rockfire.
For further information on the Company, please visit www.rockfireresources.com or contact the following:
| Rockfire Resources plc: | |
| David Price, Chief Executive Officer | |
| | |
| Allenby Capital Limited (Nominated Adviser & Broker): | Tel: +44 (0) 20 3328 5656 |
| John Depasquale / George Payne (Corporate Finance) | |
| Guy McDougall / Kelly Gardiner (Sales and Corporate Broking) | |
Notes to Editors
Rockfire Resources plc (LON: ROCK) is a mineral exploration and development company with a portfolio of 100%-owned mineral projects including a high-grade zinc deposit in Greece and gold and copper projects in Queensland Australia.
· The Molaoi deposit in Greece has a JORC resource of 1,090,000 tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver. The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15 million tonnes @ 7.26 % Zn,1.75 % Pb and 39.5 g/t Ag, for 1,500,000 tonnes of ZnEq. This resource uses a 4% low-grade cut, and equates to 1,090,000 tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver.
· Molaoi also contains one of the world's geologically rare critical metals, germanium. A preliminary germanium quantity, which does not comply with the requirements of the JORC Code has been calculated at 4.8 million tonnes @ 21.9 g/t Ge (105,700 kilograms germanium)
· The Plateau deposit in Queensland has a JORC resource of 130,000 ounces of gold and 800,000 ounces of silver.
· The Copperhead deposit in Queensland has a JORC resource of 80,000 tonnes of copper, 9,400 tonnes of molybdenum and 1.1 million ounces of silver.
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