- Rockfire Resources said it had identified clear targets at the Copper Dome prospect in Australia's Queensland state following soil sampling.

The sampling returned strongly anomalous results up to 0.1% copper in the soils, the company said.

The copper anomaly had been extended south from the previous Rockfire survey by 500 metres.

'These soil sample results are very pleasing,' chief executive David Price said.

'The copper appears to adhere to the margins of the mapped porphyry, whilst the gold forms an impressive east-west trend precisely at the contact point between the two porphyries as mapped.'

'Our exploration to date at Copper Dome has included preliminary geological mapping, prospect-scale rock sampling and comprehensive soil sampling over the known outcrops of the intrusions.'

'This exploration has returned very high-grade copper-in-rock samples, medium level copper-in-soil values and low-level gold-in-soil assays.'

'Importantly, this work has resulted in the delineation of clear geochemical targets.'

'The market will be updated on the board's decision whether the company will exercise the option.'

At 1:30pm: [LON:ROCK] Rockfire Resources Plc Ord 0.1p share price was -0.03p at 0.73p

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