Update

Red Rock Resources plc

11 February 2026

 

Red Rock Resources PLC

("Red Rock" or the "Company")

Update  

11 February 2026

Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, base and battery metals, and hydrocarbons principally in Africa and Australia announces an update, further to those of 23 October 2025, 25 November 2025 particularly as they relate to developments in the Democratic Republic of Congo ("DRC"), and further to the Annual Report published on 22 December 2025.

DRC

JV

It was noted on 23^rd October 2025 and 25^th November 2025 that pursuant to the Koto Red Rock JV the Company and its partners were seeking to identify appropriate copper-cobalt and gold licences and expected shortly to visit some of the short-listed licences, and that updates would be issued.

The Company was looking for (a) a grant pursuant to the JV's partnership with Government agencies; plus either (b) licences it might take over and hold in its own name, or/and (c) licences it might acquire through private treaty.

A number of possibilities have been reviewed or have resulted in exploratory meetings. The Company has recently signed an NDA and started its due diligence assessment involving external consultants of a privately held potential copper-cobalt mining project in the Kambove region of Katanga.

DRC Litigation

A judgment and conclusion of the proceedings between the Company and VUP as referred to in the Company's previous announcements remains pending, and the Company is confident that its position will be upheld.

Other

In the last two weeks the Company through Red Rock Australasia Ltd has applied for renewal of two licences in Victoria, made partial surrenders in relation to one of those licences and a total surrender of a third small licence isolated from the Company's other properties, and has brought in another company to share office costs. As part of this rationalisation and forward planning, the Company expects to receive the final draft of a third party professional assessment of its licences and of alternative options going forward. At the same time the Company has begun discussions with potential regional partners.

In the last two weeks in Kenya the Company through its local representative has progressed the renewal discussions on its gold assets to the point where it hopes to arrive at an outcome that will allow activities  to restart with the aim of obtaining production licences.

Red Rock chairman Andrew Bell comments: "The DRC licence on which we have signed an NDA requires some due diligence, following which we will make a further announcement. There is a possibility that we may have identified a licence which meets our requirements for all potential copper/cobalt projects in the DRC, which are (1) that they should be first class in terms of prospective grade and size, (2) that they are with a reliable counterparty that will agree reasonable terms, and (3) that they should be able to generate production either immediately or on a short timeframe.

We continue to review other licence opportunities.

We see enough opportunities to that we shall be able to identify and access quality projects there, as we have done before. Dealing with private parties offers the opportunity to move quickly, while the World continues to need more copper."

For further information, please contact:

Andrew Bell 0207 747 9990                                                         Chairman Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396             NOMAD Beaumont Cornish Limited

Bob Roberts 0203 8696081                                                          Broker Clear Capital Corporate Broking

 

END