No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - Rockfire Resources said on Wednesday that drilling at its wholly-owned Molaoi zinc deposit in Greece continued to intersect high-grade germanium, with hole HMO-017 returning up to 52.3 grams per tonne over 0.5 metres.
The AIM-traded company said laboratory results from HMO-017 included 2.2 metres at 4.5% zinc, 38.8 grams of silver per tonne, 1.2% lead and 35.7 grams of germanium per tonne from 254.45 metres, as well as one metre at 16.1% zinc from 288 metres.
A further 5.9 metres from 309.5 metres returned 5.0% zinc, 20.5 grams of silver per tonne, 1.4% lead and 16 grams of germanium per tonne.
Chief executive David Price said the results continued to confirm the deposit's widths and grades ahead of a planned upgrade of the inferred resource to indicated status, adding that high-grade zinc, silver, germanium and lead values were continuing to be intersected as drilling progressed.
At 1010 BST, shares in Rockfire Resources were down 5.66% at 0.13p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.