Red Rock says Australian gold venture brings in veteran as exploration manager

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Red Rock says Australian gold venture brings in veteran as exploration manager

Red Rock Resources PLC (LON:RRR) said its Australian gold mining joint venture, Red Rock Australasia has appointed David Holden as exploration manager.

Holden was involved in the initial discoveries at Nimary/Jundee, Brocks Creek, Mt Todd (Australia), Ngaka Coal Field (Tanzania), and Big Sandy lithium (USA), said Red Rock.

Red Rock Australasia, a 50.1%-owned Australian joint venture with Power Metal Resources (49.9%) has applied for twelve exploration licences in the Central Victoria Gold Fields.

In a statement, Andrew Bell, Red Rock’s chairman said: “Dave has been known to some of us for several years and we were fortunate to find him now living and working in Ballarat.

“He has already been helping us through the geological assessment process and his knowledge, experience and energy will prove invaluable as we move forward towards a listing.”

Red Rock also noted the recent results from Jupiter Mines, where it has a stake worth A$4mln (£2.21mln) currently.

Proactiveinvestors.co.uk

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