Rockfire Resources plc (LON: ROCK), the base metal, critical mineral and precious metal exploration company, provides this update regarding the on-going development activities at its 100%-owned Molaoi zinc deposit in Greece.
· Rockfire is pleased to confirm that drilling at Molaoi will commence prior to the 15th of September 2025, following the Greek August holiday period
· This drilling stage consists of a 30-hole programme to achieve an Indicated category of JORC resource
· It is expected that a maiden Inferred germanium resource will be estimated at the conclusion of this next drilling programme
· Landowner access agreements have already begun being signed in preparation for drilling
· Drilling results will be announced as assays are received throughout the programme
· The resource model will be updated throughout the drilling as results come to hand
· Whilst the drilling is underway, the feasibility study will commence and be updated as results become available
· Rockfire is grateful to the Greek State for two historical feasibility studies which enables Rockfire to fast-track some components of the anticipated feasibility study
David Price, Chief Executive Officer of Rockfire, commented:
“It is with great pleasure that we are able to inform the market of our start date for drilling. Our investors have been understanding during the permitting process, and we are most appreciative of their patience with this necessary process.”
“The technical team has commenced informing, discussing and agreeing with the local landowners for access to their land for drilling. This process is on-going due to the large areal extent of the drilling, which will occur over a length of 2.2km, and involving many landowners. Rockfire is immensely grateful to the community and landowners for their support of the project and their willingness to allow drilling to continue on their land.”
“The market will be informed once drilling commences. In the meantime, our efforts on the ground to prepare for drilling and the many logistical aspects required for a drilling campaign will continue to progress in readiness for the commencement of drilling.”
For further information on the Company, please visit www.rockfireresources.com or contact the following:
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