- Rockfire Resources said recent drilling at the Double Event prospect in Australia's Queensland state had intersected high-grade gold.

Gold deposits were encountered of up to 26.90 grams per tonne, the company said.

'We are thrilled with these results, which starts to demonstrate the potential of the Double Event vein system,' chief executive David Price said.

'Having now drilled over the boundary into the Kookaburra licence, this opens up enormous potential within this tenement, which was only recently pegged by Rockfire.'

'The Kookaburra licence has an additional 1.5km of the same vein system length to explore further to the west.'

At 9:08am: [LON:ROCK] Rockfire Resources Plc Ord 0.1p share price was +0.38p at 1.55p

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