Kenya Exploration Update

RNS Number : 9506D

Red Rock Resources plc

30 March 2011

 



RED ROCK RESOURCES PLC

Kenya Exploration Update

Dated: 30 March 2011

 Migori project, Kenya

Red Rock Resources plc ("Red Rock" or the "Company"), the gold mining and exploration company with projects in Kenya, Costa Rica and Colombia, and interests in steel feed and uranium, announces drilling updates for the Migori gold project in SW Kenya.

To date, a total of 2,259 metres of diamond coring and 1,367 metres of reverse circulation (RC) drill holes have been drilled on the Migori licences. There are currently four contractors engaged to complete a combination of resource infill diamond and reverse circulation drilling on resource prospects in the western licence (SPL122) and exploratory, scout drilling on previously unexplored targets (in the eastern licence, SPL202). A fifth contractor has recently mobilised to site and air core drilling is expected to commence over the coming week to obtain soil samples for geochemical sampling in areas where bedrock exposure is limited.

The completed metres cover the Gori Maria and Kakula/Kalange (KKM) prospects (which currently have a combined indicated resource estimate of 30.7 million tonnes containing 920,000 oz Au).  On completion of the KKM drilling, the MK and Nyanza prospects will be drilled. Two scout holes have been drilled into the Nyabisawa banded iron formation target totalling 250 metres. Drilled diamond core and RC chips are currently being logged and sampled and the Mikei camp and results for the first sample batches are expected in early May.

Figure 1 - Migori Project, SW Kenya: simplified geological map

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/9506D_1-2011-3-30.pdf 

Trenching has been underway at the VTEM conductor 2 target with 6 trenches being dug to examine the lithology and structure of the region. A drill programme to test the source of the VTEM anomaly is currently being prepared based on the additional geological information provided from the trenching programme.

Final processing of the VTEM and magnetic/radiometric data is expected to be completed later this week. Results are expected to allow the Macalder VTEM target (conductor 1) drilling programme to be finalised and for new potential targets to be delineated from the magnetic/radiometric data.  Results from stage 2 of the metallurgical test work on the Macalder tailings are expected at end-April.

Other

Elsewhere, Ascot Mining plc, in which Red Rock has a significant investment, and to which it has seconded an engineering consultant, today announced an operations update which may be viewed at http://www.plus-sx.com/newsItem.html?newsId=1140900

In Colombia, where the Company has taken a 51% stake in Mineras Four Points SA, the process of re-organising management and operations as we build up production continues. An update will be issued shortly.

The technical information is this release has been reviewed and approved for release by Helen Salmon, BSc(Hons), a geologist working for the Company, a Fellow of the Geological Society and a Member of the Mineralogical Society.

Enquiries:

Andrew Bell	0207 402 4580 or 07766 474849	Red Rock Resources plc	Chairman
Sandra Spencer	0207 402 4580 or 07757 660 798	Red Rock Resources plc	Public and Investor Relations
Peter Trevelyan-Clark/ Ben Jeynes	020 7444 0800	Religare Capital Markets	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker

Updates on the Company's activities are regularly posted on its website, www.rrrplc.com.

 

END

 

 

MSCDKKDNPBKDDNN