Red Rock Resources prepares mining licence application for Mikei gold project in Kenya
Red Rock Resources prepares mining licence application for Mikei gold project in Kenya
“We have great confidence in the potential and prospects of the Mikei gold project, and will look for ways to accelerate its progress in 2022,” said chairman Andrew Bell
Red Rock Resources PLC (AIM:RRR) provided an update on its exploration programmes at the Mikei gold project in Kenya and said applications are being prepared for a mining licence and a mineral processing licence.
It has completed 1744 metres of drilling at the KKM Central prospect in the Western Licence, where a 2,000-metre infill and extension drilling programme is in progress, and said the first batch of samples have been sent to a laboratory in Tanzania for testing.
The company said environmental impact assessments have started on the next set of infill drill targets, including a new target at Konguru in the Western Licence, with the fieldwork expected to be completed by Christmas.
“We are identifying and progressing a number of new or underexplored targets as well as working to expand the existing resource envelope and identify areas of higher grade within it or nearby,” said chairman Andrew Bell.
“Previous diamond drilling at Konguru has been too widely spaced to allow a resource calculation, and our planned drilling there is a priority.”
It has also undertaken further tests using ground geophysics on three prospective drilling targets in the Eastern Licence.
“The progress made since we were able to come back to the project a year ago has been significant,” said Bell. “We have great confidence in the potential and prospects of the Mikei gold project, and will look for ways to accelerate its progress in 2022.”