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Last 0.03 GBp
Change Today -0.0025 / -8.33%
Volume 43.7M
RRR On Other Exchanges
Symbol
Exchange
London
Frankfurt
As of 11:35 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

red rock resources plc (RRR) Snapshot

Open
0.03 GBp
Previous Close
0.03 GBp
Day High
0.03 GBp
Day Low
0.03 GBp
52 Week High
09/12/14 - 0.28 GBp
52 Week Low
08/7/15 - 0.02 GBp
Market Cap
1.5M
Average Volume 10 Days
60.2M
EPS TTM
-0.0017 GBp
Shares Outstanding
5.6B
EX-Date
--
P/E TM
--
Dividend
--
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

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

red rock resources plc (RRR) Key Developments

Red Rock Resources plc Announces Director Changes

Red Rock Resources plc announced the changes in directorate. Mr. Sam Quinn has been appointed a non-executive director of the company with immediate effect, and the company has accepted the resignation of Mr. John Watkins as a non-executive director of the company. Mr. Scott Kaintz has been appointed an executive director of the company. Mr. Quinn is also currently the Director of Corporate Finance and Legal Counsel for the Dragon Group. Mr. Kaintz, a director of Regency Mines plc, has been working for the Company since 2011 as Head of Corporate Finance. After serving as an officer in the United States Air Force, where he led analyst teams researching geopolitical topics, produced analysis and recommendations, and conducted briefings, he joined L-3 Communications as European Chief Information Technology Manager. Before joining the Company in early 2011 as Head of Corporate Finance he had worked within the financial sector on customized financing packages and on sell-side Merger and Acquisitions, finance raising, and prepared valuation and operating models.

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.

 

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