Red Rock Resources (LON:RRR) Andrew Bell, Chairman Interview
Aug 11, 2021, 01:58 PM
Red Rock Resources PLC announced that it has begun a drilling program of 2,000 m at the Central KKM Gold Prospect, which is the central part of the Mikei gold project in Kenya (MGP).
Share Talk spoke to Andrew Bell, Chairman of RRR following the recent receipt of all permits the Company is now beginning the reverse circulation ("RC") drill programme at the Central KKM Gold Prospect
The drilling depth will range from 60 to 220 meters. There is also the possibility of expanding the drilling program.
Red Rock Project Manager Joseph Komu comments: "I am extremely excited that we finally have the necessary permits for the drilling contractor to mobilize to site and start drilling.
We have 19 drill pads ready for the rig and the laboratory is ready to receive the first shipment of samples for assay in the coming weeks. We are optimistic that this initial programme will spur an extended drill programme that will advance the Resource to the next stages of development".
Elsewhere in the MGP Red Rock continues its exploration, with 54 line KM of the planned 115 line KM of IP survey covered in the Masurura area of the Eastern license. In addition, a 300 line km magnetic survey has started at Kurutyange, also part of the Eastern License, following completion of an 11 Line km survey at the MK Prospect north of Central KKM.
The MGP (100% owned by Red Rock) comprises two prospecting licences which cover approximately 245 km2, namely PL/2018/0202 and PL/2018/0203, over the Migori Greenstone Belt, and are located along the northern margin of the Tanzanian Craton.
The licences extend 63 km along strike of the belt, which also hosts the Kilimapesa Gold treatment plant. The North Mara Gold Mine, which is operated by Barrick Gold, is located 30 km to the south of the MGP in Tanzania.
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