Colombia Update

RNS Number : 7131N

Red Rock Resources plc

02 October 2012

 



Red Rock Resources Plc

("Red Rock" or the "Company")

Colombia update

2  October 2012

Red Rock Resources plc, the mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia, advanced gold and copper exploration in Kenya, and interests in steel feed, uranium and rare earths, reports on progress on the planned sale of its Colombian mining interests.

Further to the Company's announcement of 17 July 2012, the due diligence stage has been completed during August and September, and the parties are in the process of negotiating to enter into a definitive agreement.

There can be no certainty that the parties will enter into a definitive contract nor guarantee of a successful outcome until execution of a definitive agreement  by the parties.  

The Company will make further announcements in due course.

Enquiries:

Andrew Bell	020 7099 5840 or 07766 474849	Red Rock Resources plc	Chairman
Sandra Spencer	020 7099 5840 or 07757 660 798	Red Rock Resources plc	Press Relations
Gerry Beaney/ Daniela Amihood	020 7383 5100	Grant Thornton Corporate Finance	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker

 

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