News & Analysis

Rockfire Resources’ David Price talks through the vast potential on offer across firm’s Australian exploration portfolio (ROCK)

29 Jul 2019 | by: Patricia Miller

Difficult commodity market conditions have pushed shares in Rockfire Resources (LSE:ROCK) down from 2.1p to their current 0.7p over the past year. However, against this harsh backdrop, the £3.22m explorer has been making stellar progress across its vast portfolio of gold and copper opportunities based near processing plants and refineries in Queensland, Australia. With Rockfire readying the exploration of its Copperhead project, alongside the numerous gold prospects within its Lighthouse tenement, CEO David Price tells us why now would be an excellent time to buy.

Wealth of experience

Rockfire Resources is run as a commercially-minded company, seeking to return an increase on investment capital to shareholders. The means of achieving this is by exploring for and developing economic gold and copper deposits in world-class mineralised areas. The company’s portfolio is currently centred on Queensland Australia, where it is the sole owner of several medium-grade, near-surface gold prospects positioned among multi-million-ounce gold deposits and processing plants. Alongside these more immediate revenue opportunities, the firm controls two large-scale porphyry copper prospects that lie within 250km of Australia’s largest copper refinery.

Location of Rockfire Resources’ projects in Australia (Source: Company)

Backing up Rockfire’s strong portfolio is a management team boasting considerable experience in areas such as mining and financing. Indeed, chief executive David Price, who joined in 2017, is a seasoned geologist and senior executive with more than three decades of global mining experience, including 20 years spent securing funding for projects. Notably, he also holds the highest category possible for a geologist as a Fellow of the Australasian Institute of Mining and Metallurgy.

This piece was first published on our sister site It can be read in full by clicking here., Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above.

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

  • Digitonic Ltd, the owner of, does not hold a position or positions in the stock(s) and/or financial instrument(s) mentioned in the above article.
  • Digitonic Ltd, the owner of, has not been paid for the production of this piece by the company or companies mentioned above.

More News & Analysis

Crypto crash: So many broken promises

Crypto is once again crashing and the bulls and bears are at loggerheads. Meanwhile Coinbase is being sued and criticized for outages during volatility.