David Price of Rockfire Resources: Massive sulphides hit at predicted depth at Molaoi
Episode 1074, Dec 12, 2022, 10:18 AM
David Price, CEO of Rockfire Resources #ROCK discusses how inaugural drilling at its 100%-owned Molaoi zinc/silver/lead/germanium deposit in Greece, has encountered massive sulphides at the predicted depth and position, verifying the historical drilling undertaken by the Greek Government.
Highlights
· Both massive and semi-massive sulphides have been encountered in Rockfire's first drill hole at a depth and position predicted from historical drill data.
· Between 1979 and 1988, 173 diamond drill holes were drilled at Molaoi, as well as metallurgical tests, a feasibility study and the development of a portal and decline to the orebody. The Company's exploration and exploitation permit allows Rockfire to capitalise on this excellent work by the Greek Government to help monetise the project in a timely manner.
· The current, first hole (MO_GTK_001) lies between historical drill holes and will serve to provide core for geotechnical test work to feed into a feasibility study.
· To encounter massive and semi-massive sulphides at the predicted depth and position verifies the historical drilling and validates the countless hours of mineralisation modelling completed by the Rockfire team.
To read the entire RNS click here
Highlights
· Both massive and semi-massive sulphides have been encountered in Rockfire's first drill hole at a depth and position predicted from historical drill data.
· Between 1979 and 1988, 173 diamond drill holes were drilled at Molaoi, as well as metallurgical tests, a feasibility study and the development of a portal and decline to the orebody. The Company's exploration and exploitation permit allows Rockfire to capitalise on this excellent work by the Greek Government to help monetise the project in a timely manner.
· The current, first hole (MO_GTK_001) lies between historical drill holes and will serve to provide core for geotechnical test work to feed into a feasibility study.
· To encounter massive and semi-massive sulphides at the predicted depth and position verifies the historical drilling and validates the countless hours of mineralisation modelling completed by the Rockfire team.
To read the entire RNS click here