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Red Rock Resources Plc announced on 20 September 2023 that it received test results for four lithium samples from its operations in Zimbabwe, through its subsidiary African Lithium Resources (Pvt) Ltd. Samples tested at Performance Laboratories showed lithium content ranging from 0.19% to 2.04% and Li2O content from 0.40% to 4.36%.
| Date | 20 Sept 2023 |
| Time | 07:00:07 |
| Category | Miscellaneous |
| ID | 9845M |
Red Rock Resources Plc
("Red Rock" or the "Company")
Lithium Samples- Zimbabwe
20 September 2023
Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, copper, cobalt, lithium and other minerals, announces an update to the announcement of 18 August in relation to the Company's operations, through its subsidiary African Lithium Resources (Pvt) Ltd ("ALR"), in Zimbabwe.
Three samples of approximately 2 kg each from the pegmatite at the first permitted area were sent for testing at Performance Laboratories, an ISO-accredited laboratory in Harare, Zimbabwe offering analytical and assay services to the mining industry. A further sample (No 2) was taken near the pegmatite.
Results have now been received and sent for review by potential overseas customers.
|
Sample number |
Lithium content (%) |
Li2O content (%) |
|
1 |
2.04 |
4.36 |
|
2 |
0.19 |
0.40 |
|
3 |
2.03 |
4.35 |
|
4 |
1.15 |
2.46 |
Red Rock Chairman Andrew Bell comments: "These high grade Lithium Oxide results show the potential that exists, and we continue discussions with potential customers and contractors. Further news will be released as it becomes available."
The technical information in this announcement has been reviewed by Mr Joseph Komu, a member of AusIMM and a Manager employed by the Red Rock group. Mr Komu is a member of a recognised professional organisation and has sufficient relevant experience to qualify as a qualified person as defined in the Guidance Note for Mining, Oil and Gas Companies published by AIM.
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
Jason Robertson 0207 374 2212 Broker First Equity Limited
Bob Roberts 0203 8696081 Joint Broker Clear Capital Corporate Broking
This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU, which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310) and is disclosed in accordance with the Company's obligations under Article 17.