Red Rock Resources plc could have a potential mining/partner contract for its Zimbabwe lithium assets as the company also starts talks with agents in China on lithium ore sales. HIGHER PRICES From 10 to 14 August, a South African consultant geologist conducted due diligence on the site with the company’s subsidiary African Lithium Resources (Pvt) […]
Tag: Red Rock Resources plc
Red Rock granted new Zimbabwe lithium licence
Red Rock Resources plc has been granted a new lithium licence covering 94 hectares near Bikita in southern Zimbabwe. EXTENSIONS The company added it was also granted two small extension licence areas of 21ha and 22ha also near Bikita, next to a purchased area in the process of transfer. Red Rock was additionally recently granted […]
Red Rock settles £236,000 debt and fees with 200m shares
Red Rock Resources plc has settled £236,032.38 debt and related fees by issuing 199,563,030 new ordinary shares of £0.0001 in the company, each at an average price of 0.1182746 pence. The company has now cleared its outstanding debt due to Diversified Metals Holdings LLC and has less than £60,000 outstanding debt, to be settled in […]
Red Rock raises £288,750 via share placing
Red Rock Resources plc raised £288,750 before expenses by placing 175,000,000 new ordinary shares of £0.0001 each in the company at a price of 0.165 pence per share. On admission, the company’s issued ordinary share capital will comprise 2,480,597,791 ordinary shares, each with voting rights. No shares are held in treasury. USES Net proceeds will be used […]
Red Rock granted first licence in Côte d’Ivoire
Red Rock Resources plc has been granted its first licence in Côte d’Ivoire with the Djekanou gold project located south of the capital Yamoussoukro. SHEAR ZONE The company’s subsidiary LacGold Resources Sarlu has an initial four years for the licence, covering 344.5 km2, in the department of Djekanou and nearby. The licence is one of […]
Red Rock completes transfer of Boulon licence
Red Rock Resources plc has completed transfer to the company of the Boulon gold licence in southwest Burkina Faso. BOULON In January 2022, the company acquired two exploration projects of Boulon and Bilbale in the prolific Boromo and Banfora greenstone belts. Boulon lies on the centre of a mapped channel containing some of the “highest […]