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Sunshine Gold exploration at Lighthouse

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Rockfire Resources plc (LON: ROCK), the base metal, gold, and critical mineral exploration company, is pleased to announce that ASX-listed Sunshine Metals Limited ("Sunshine") has received encouraging first pass drilling results from Lighthouse. Sunshine is farming into Rockfire's Lighthouse tenement and has the option to earn a maximum 75% interest in the tenement by expenditure of AUD$2.2m over a 3-year period.

Highlights

  • Drilling at Lighthouse Farm-In comprised 11 RC holes (1,167m) testing three separate prospects: Cardigan Dam, Plateau and Horse Creek.
  • Drilling at Cardigan Dam (5 holes, 565m) targeted two separate gossanous shear zones which sit within a ~300m long soil anomaly. The program identified multiple anomalous gold zones including a shallow intersection requiring follow-up of:

o 3m @ 1.56 g/t Au from 31m (23CDRC002)

  • Plateau drilling (5 holes, 505m) assessed the northeast corner of the mineralised rhyolite pipe. Prospective breccia was intersected in 3 holes and returned:

o 1m @ 2.29 g/t Au from 41m (23PLRC004)

  • Likely meteorite was identified in outcrop at Horse Creek. Prospect remains prospective for Cu and Au.

David Price, Chief Executive Officer of Rockfire, commented:

"Sunshine is doing some sound exploration within the Lighthouse tenement and initial results of this calibre, particularly at Cardigan Dam are very encouraging. Consistent, methodical exploration is required at a project like Lighthouse and Sunshine is providing that well. Rockfire's directors and management are looking forward to the next round of drilling at Lighthouse and continue to wish Sunshine all the best in their exploration efforts."

The full Sunshine announcement, which was released Australia today can be viewed here.

For further information on Rockfire, please visit www.rockfireresources.com or contact the following:

Rockfire Resources plc :info@rockfire.co.uk
David Price, Chief Executive Officer
Allenby Capital Limited (Nominated Adviser & Broker):Tel: +44 (0) 20 3328 5656

John Depasquale / George Payne (Corporate Finance)

Matt Butlin / Kelly Gardner (Sales and Corporate Broking)

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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