Metals & Minerals News

Red Rock-Power Metal eye Donnybrook gold field

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Red Rock Australasia Pty Ltd (RRAL) joint venture has applied for a fourth licence for a new area in the Victoria gold fields, Australia.

Exploration: the two companies already hold three licences in the Victoria gold fields (Pixabay)

KILMORE WEST

The JV comprises Red Rock Resources plc holding 50.1% and Power Metal Resources plc with 49.9%.

Tenement EL007460, Kilmore West, covers 349 km2 and holds numerous former mine workings and mineral occurrences, including the old Donnybrook gold field to the south of the licence.

The JV already holds three licences including EL007285, the Blue Ribbon project; EL007271, the Blue Whale project; and EL007281, the Blue Chip project.

The partners have previously made an additional eight applications.

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