- Rockfire Resources said drilling of a new breccia zone at the Plateau gold deposit in Australia's Queesland state had discovered high-grade gold near the surface.

The newly identified zone included an intercept of a single metre at 21.7 grams per tonne of gold, the highest gold grade encountered in drilling at Plateau.

'These results represent a new discovery which was identified by our exploration team,' chief executive David Price said.

'Previous explorers had drilled nearby but missed the high-grade breccia.'

'We are starting to get a better understanding of the geology of this zone and the more we learn from each drill hole, the higher our drilling success rate becomes.'

At 1:33pm: [LON:ROCK] Rockfire Resources Plc Ord 0.1p share price was +0.5p at 1.85p

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