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Last 0.07 GBp
Change Today -0.005 / -7.14%
Volume 69.6M
RRR On Other Exchanges
As of 11:35 AM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

red rock resources plc (RRR) Snapshot

0.07 GBp
Previous Close
0.07 GBp
Day High
0.08 GBp
Day Low
0.07 GBp
52 Week High
06/10/14 - 0.43 GBp
52 Week Low
05/12/15 - 0.06 GBp
Market Cap
Average Volume 10 Days
-0.0017 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for RED ROCK RESOURCES PLC (RRR)

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red rock resources plc (RRR) Details

Red Rock Resources plc, a mineral exploration and production company, focuses on the discovery and development of gold and iron ore. It holds interests in the Migori gold project located in Kenya; El Limon gold mine located in northern Colombia; and Melville Bugt iron ore project that covers an area of approximately 1,570 square kilometers located in the north-west of Greenland. The company was founded in 2004 and is based in London, the United Kingdom.

28 Employees
Last Reported Date: 11/25/14
Founded in 2004

red rock resources plc (RRR) Top Compensated Officers

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red rock resources plc (RRR) Key Developments

Red Rock Resources To Sell Stake In Colombian Subsidiary

Red Rock Resources plc (AIM:RRR) announced in its interim results that the Company is progressing the expected imminent sale of the 50.1% owned Colombian subsidiary.

Red Rock Resources plc Provides an Update on Gold and Manganese Exploration Licenses in Ivory Coast

Red Rock Resources plc provided an update on its gold and manganese exploration licenses in Ivory Coast. The company reported results from 648 composite soil geochemical samples collected from the 393km2 Dabakala license in north eastern Ivory Coast. The samples were collected by Nemex Resources in late 2013, prior to acquisition by Red Rock. The samples were collected at 100m intervals along 2km spaced lines. Adjacent sample pairs were combined into composite samples to reduce assaying costs without reducing sample integrity. CRM (Certified Reference Material) samples were inserted into the sample sequence at 5% intervals (1 CRM standard for 20 soil samples) for QAQC purposes. In total, 648 samples were sent to SGS in Yamoussoukro for preparation, then forwarded to SGS in Ouagadougou for gold and arsenic analysis. The results show nine gold anomalies up to 385 ppb Au of which three are considered the most significant at this early stage of exploration. The company is particularly encouraged by the correlation between the anomalies and underlying geological and structural features, particularly since some of the anomalies overlie packages of volcanic and sedimentary rocks neighbouring a granite that have been interpreted to be significantly thrust-faulted. The Tongon Gold Deposit in northern Côte d'Ivoire was the geological analogy proposed by Nemex Resources for this area. Anomaly 1 - 385ppb gold in west. The anomaly occurs in a structural package of volcanics and sediments with occasional silicified units. The package extends to the west, outside of the area sampled, by a further 9km Anomaly 2 - 189ppb in central-north area on a geological contact between basalts and volcaniclastics Anomaly 3 - 151ppb gold on ridge containing banded manganese formation that is silicified in places As announced previously, Red Rock recently carried out a preliminary regional soil geochemical sampling programme over the eastern portion only of its 393km2 Alepe license in south-east Ivory Coast. During the programme, 238 samples were collected at 100m intervals along 2km spaced lines, testing approximately 20% of the total license area. All samples underwent preparation at SGS Yamoussoukro, after which they were forwarded to SGS Ouagadougou for gold and arsenic analysis. The results appear to confirm the presence of gold at Alepe, with some zones considered mildly anomalous. Red Rock intends to complete sampling of the remaining, as yet untested, 80% of the license area to build a more complete dataset before determining next steps for progressing the license.

Red Rock Resources plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2014

Red Rock Resources plc announced unaudited consolidated earnings results for the six months ended December 31, 2014. For the six months, the company reported loss for the period before taxation from continuing operations of £392,577 against £1,336,824 a year ago. Loss for the period from continuing operations was £392,577 against £1,336,824 a year ago. Loss after tax for the period from was £684,143 against £1,144,206 a year ago. Loss for the period attributable to equity holders of the parent was £759,889 or 0.04 pence per basic and diluted share against £1,208,491 or 0.09 pence per basic and diluted share a year ago. Net cash outflow from operations was £457,183 against £1,085,114 a year ago. Exploration expenditure was £140,000.


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