Andrew Bell, Chairman of Red Rock comments: “We are entering the last stage of what has been a lengthy process, and thank all involved.
We look forward to the confirmation of grant, and to renewing progress towards our aim, which is to have a producing gold mine.”
Red Rock Resources Plc, the natural resource investment and development company, announces, further to its announcement of 22 October 2018, latest developments in relation to its mineral interests in Kenya.
Following the termination in October 2018 by a Consent Order between the parties of the legal proceedings instituted by Red Rock and its local partner, the Company caused the appropriate applications under section 225(6) of the Mining Act 2016 to be made.
Red Rock is pleased to note the approval for the grant of licenses by the Mining Rights Board (MRB) on the mining cadastre website. Upon receipt of official confirmation of intended grant, the Company will be invited to fulfil fee payment and registration requirements. The grant of the licences remains subject to the approval of the Cabinet Secretary and a further announcement will be made as and when the licences are confirmed.
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