Red Rock Resources PLC
(“Red Rock” or the “Company”)
Progress Address on Due Activity – Cobalt/Copper Tailings Project
29 March 2018
Red Rock Resources Plc, the accustomed ability advance and development company, announces, added to its advertisement of 31 January 2018, an amend on advance on the proposed Joint Venture with Azure Blue Limited (“Cobalt Blue”) ahead appear on the 27 September 2017.
The Company’s -to-be Joint Venture ally accept affianced a conduct architect to conduct assignment on the three copper/cobalt tailings dams not activated so far.
o Conduct and sampling assignment appointed by Azure Blue to be completed by 30 April 2018, with the cold of defining a JORC (2012) ability address and final due activity address to be accustomed in May 2018 afterward class assay of the auger and aggregate samples and cancellation of assays.
o RRR has accomplished acceding with Azure Blue to extend the due activity aeon for it to advance and access a 26.25% absorption of the proposed Joint Venture to 31 May 2018 to acquiesce acceptable time for this assignment to now be completed.
Andrew Bell, Chairman of Red Rock comments: “In backward 2017, we began due activity and acreage assignment on these bristles tailings dams. With the end of the wet season, we are now able to complete, in affiliation with Azure Blue Limited, the conduct and sampling programme to validate the brand and burden of these tailings.
We are beholden to Azure Blue Limited for the spirit of co-operation in which they accept undertaken added assignment on account of the Joint Venture, in adjustment that we can be provided with the advice all-important to accomplish a decision. I will be on armpit with them anon afterwards Easter to added our discussions
I am admiring to agenda that the mid-market traded amount for azure banknote affairs on the London Metal Exchange has connected to strengthen and is currently $94,000 per ton.”
This advertisement contains central advice for the purposes of Article 7 of EU Regulation 596/2014.
For added information, amuse contact:
Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc
Scott Kaintz 0207 747 9990 Director Red Rock Resources Plc
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Neil Badger 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd
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