Double Event drilling complete - assays expedited

This announcement contains inside information

14 November 2018

Rockfire Resources plc

("ROCK" or "the Company")

Double Event drilling complete - assays expedited

The Board of Rockfire Resources plc (LON: ROCK), is pleased to inform shareholders that its drilling program at the Double Event gold prospect in Queensland, Australia has successfully been completed well within time and within budget. Drilling has encountered sulphides, including pyrite and galena (lead sulphide) at predicted depths.

·      12 reverse circulation holes (total of 605m), with all holes intersecting vein quartz with varying amounts of sulphides including pyrite and galena;

·      A single deep hole (118m) was drilled at depth beneath the eastern workings, where Rockfire drilled and intersected encouraging gold intercepts in June 2018;

·      The samples have been delivered to the lab, and assay results are expected within the next week.

Chief Executive Officer of Rockfire, David Price commented:

"Owing to a much larger and more powerful drilling rig being deployed to Double Event, our intended 10-day program of drilling was substantially reduced,  saving both time and money for the company. Our drilling has hit sulphides in positions which were anticipated from our surface mapping and ground magnetics."

The laboratory is reporting a reduced back-log of samples at present, so we anticipate that assay results may be back within the week. The market will be informed of results once they have been received and interpreted."

Table showing Double Event RC hole locations and collar information, November 2018

Competent Person Statement:

Information in this announcement that relates to exploration results is based on information compiled by Mr David Price, a Director of Rockfire Resources plc, who is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). Mr Price has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr Price consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.

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