StockMarketWire.com - Rockfire Resources said a geophysical survey completed in early December had highlighted multiple anomalies at its Plateau gold deposit in Australia's Queensland state.

A large geophysical anomaly had been detected around and beneath the BPL025 licence, which intersected 177 metres at 0.5 grams per tonne of gold.

The anomaly had been proven to host gold mineralisation near surface and provided multiple strong targets for gold exploration at depth.

The company said it planned to extend the induced polarisation survey towards the east to track the anomaly further.

'The geophysics has returned some very positive responses,' chief executive David Price said.

'At surface and in our drilling, we have observed geological evidence of a perceived deepening of gold mineralisation, plunging towards the east.'

'This is also reflected in the geophysics,, with resistivity and chargeability deepening towards the north and east.'


At 1:55pm: [LON:ROCK] Rockfire Resources Plc Ord 0.1p share price was +0.2p at 2.05p



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