Metals & Minerals News

Red Rock-Power Metal increase Victoria licences

Red Rock Australasia Pty Ltd (RRAL) joint venture has been granted two further licences in the Victoria gold fields of Australia. BALLARAT The new five-year licences comprise Blue Stocking (EL007327) 60km2 licence to the south west of Ballarat; and Sardinia (EL007385) 4km2 licence to the north of Daylesford. Partners Power Metal Resources plc (49.9%) and […]

Metals & Minerals News

RRAL expects to drill at Victoria gold fields in 2021

Red Rock Resources Australasia Pty Ltd (RRAL) said it expected exploration would confirm “significant mineralisation” ahead of drilling later this year at its new licences in the Victoria gold fields, Australia. The joint venture company, owned by Red Rock Resources plc (50.1%) and Power Metal Resources plc (49.9%), said it was fast tracking exploration efforts […]

Metals & Minerals News

RRAL granted further Ballarat gold licences

Red Rock Australasia Pty Ltd (RRAL) announced that a further seven of its licence applications have been accepted and given the highest ranking in the Victoria gold fields of Australia. BACKLOG The company is a joint venture between Red Rock Resources plc (49%) and Power Metal Resources plc (50.1%). The partnership is targeting the historic […]

Metals & Minerals News

RRAL applies for additional licence in Victoria gold fields

Red Rock Resources plc and Power Metal Resources plc have applied for an additional licence that forms a close inner circle around the Ballarat mine in the Victoria gold fields, Australia. LICENCES The licence area covers 148km2 (EL007540)) and is surrounded by existing applications from the joint venture partners under Red Rock Australasia Pty Ltd […]

Metals & Minerals News

Red Rock-Power Metal eye Donnybrook gold field

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