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 […]
Tag: Red Rock Resources plc
Power Metal to accelerate JV in Victoria gold fields
Power Metal Resources plc said it would accelerate its gold exploration joint venture Red Rock Australasia Pty Ltd (RRAL) following findings in a new technical report. JOINT VENTURE RRAL is a joint venture company 49.9% owned by Power Metal and 50.1% by Red Rock Resources plc. Power Metal chief executive Paul Johnson, and Red Rock Resources […]
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 […]