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

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 MiningMaven.com. It can be read in full by clicking here.

Valuethemarkets.com and Dynamic Investor Relations Ltd are not responsible for the content or accuracy of this article.  News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

  • Daniel Flynn does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.
  • Daniel Flynn has not been paid to produce this piece by the company or companies mentioned above.
  • Dynamic Investor Relations Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.

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