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IN BRIEF: Red Rock applies for exploration permits via subsidiary

Red Rock Resources PLC - gold explorer in Australia, Kenya and Ivory Coast - Says it has made ...

Alliance News 18 October, 2021 | 8:25PM
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Red Rock Resources PLC - gold explorer in Australia, Kenya and Ivory Coast - Says it has made applications for five exploration permits through Cote d'Ivoire subsidiary LacGold Resources. The five license areas totalling 1,907.07 square kilometres were selected based on a detailed and comprehensive screening and ranking of possible target areas. Each application area is located on a known regional shear zones where gold mines are operating and has significant artisanal mining occurring within and around it.

Chair Andrew Bell says: " Following a detailed study, application has now been made for five areas with, we believe, the pedigree and potential for significant discoveries. The team's aim is to create and rapidly list a quality West African stand-alone independently financed gold play focussed on the Cote d'Ivoire."

Current stock price: 0.47 pence

Year-to-date change: down 56%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Red Rock Resources PLC 0.48 -

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