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TIDMRRR

RNS Number : 0861M
Red Rock Resources plc
17 May 2010

RED ROCK RESOURCES PLC
Exploration Update: Sampling at Migori
Date: 18th May 2010
Red Rock Resources plc ('Red Rock' or the 'Company') the mining exploration and
mineral investment company with interests in steel feed, uranium, and gold,
announces new sample results from its Migori gold project in Kenya.
Results have been received for: hand-grab samples collected from across the
entire strike length of the Migori greenstone belt; samples from the December
2009/January 2010 reverse circulation ('RC') drilling programme; and the samples
drilled at the tailings dam. Target commodities were precious and base metals.
The company aimed to test the hypothesis that gold and sulphides had become
hydrothermally emplaced in BIFs (Banded Iron Formations), and subsequently
leached from surface and concentrated at depth. Thus surface samples of the BIFs
were taken and an RC rig employed to drill beneath them. Unfortunately the
drilling was hindered by excess water due to the elevated water table; however
samples obtained show the presence of abundant sulphides (pyrite and
arsenopyrite) and suggest the effects of a supergene leaching process at play.
Targets and results are summarised as follows:
* Surface sampling of BIFs along the entire length of the Migori Belt. The porous
nature of the BIFs, and low-moderate Au grades, demonstrate that they have been
leached of gold and sulphides.
* Surface sampling of hydrothermal lode deposits, some currently worked by
artisanal miners. Samples from these quartz lodes are highly auriferous with
grades exceeding 50 g/t in one area.
* RC drilling directly under the leached BIFS. The presence of hydrothermal quartz
at depth, and the abundance of sulphides, suggest emplacement following
supergene leaching.
* Percussion drilling of the tailings dam. New gold grades are greater than 1 g/t
in both the sulphides and the calcines. Silver grades exceed 16 g/t.

Hydrothermal lode, and BIF-hosted, gold mineralisation
A great number of the hydrothermal, lode deposits (quartz, 'reef' material),
some of which are worked by the local artisanals, were sampled during the
prospecting exercise. Samples of these hydrothermal lodes show some highly
auriferous results: expanding the repertoire of valid, exploration targets; and
confirming the extent of the gold endowment across the belt.
Much of the prospecting, however, has been focussed on evaluating the potential
for BIF-hosted, gold mineralisation within the belt. BIF units occur along the
entire strike of the belt; however they have never been investigated until now.
Surface BIF samples were collected from numerous targets across the belt.
Results show low-moderate Au grades, confirming the hypothesis (detailed below)
that gold has been leached from surface and potentially concentrated at depth.
BIF-hosted gold is a well known exploration target in Archaean Greenstone
Terranes (eg. Geita, Tanzania 14 Moz), and the company plan to advance their
exploration strategy to fully explore the mineralisation processes at work.
In order to understand the significance of these results, they must first be
contextualised in terms of: (1) the processes that have resulted in high-grade
mineralisation in the Migori belt; and (2) the geological setting from which the
samples were obtained.
Leaching
http://www.rns-pdf.londonstockexchange.com/rns/0861M_1-2010-5-17.pdf
There appear to be two important controls on the gold content of the samples:
hydrothermal (the through-flow of heated fluid in rock units); and supergene
(downward fluid flow resulting in leaching of surface rocks). The gold has
originally been emplaced by hydrothermal processes, at all depths, but in many
instances, later supergene leaching under the tropical weathering regime appears
to have removed the bulk of the gold from the surface.
This supergene leach process appears particularly efficient in BIFs, leaching
the gold to >50 metres depth, below the water table; whereas in hydrothermal
lode quartz units, the gold may only be leached down to a few metres below
surface. This proximity to the surface has resulted in easier access for
artisanal activity to the high grade, quartz-hosted material; however the
artisanals are restricted to working at depths above the water table only. This
is evidenced by the limited artisanal activity in the eastern licence (where the
water table is higher), and the lack of artisanal mining beneath the BIFs.
This is further endorsed by geochemical sampling programmes carried out in the
area by AuVista during the mid 90's where it was found that to get any
meaningful results they had to explore deeper than the lateritic hard-pan layer.
Hydrothermal Lodes
The analytical results from the hand-grab sampling show that material from the
gold lodes from the artisanal workings (i.e. the hydrothermal, quartz, 'reef'
material) can be relied on to give significant gold grade; up to >50 g/t Au in
places (see section 'Carlos East'). The materials were sampled from: outcrops of
hydrothermal quartz veins (no artisanal activity); within artisanal workings; or
materials found on waste dumps beside the workings.
Significant quartz vein bodies have been identified at Mirema and Nyarongi; and
quartz impregnated with Fe-Oxide has been found at Kaminitsa (all in the western
licence SPL122). A highly auriferous, quartz vein has also been tested at Carlos
East in the eastern licence (SPL202).
Banded Iron Formations (BIFs)
The target model being applied involves: the invasion of BIF units by the same
hydrothermal fluids that formed the hydrothermal lodes; and supergene leaching
of the gold, and associated sulphides (mainly pyrite), from the BIFs. The
primary, unleached hydrothermal component of the mineralisation is preserved
below the water table.
Across the full extent of the licenses the deformed BIFs sit 500 m to 1 km north
of the lode gold mineralisation worked by the local artisanals. One sample from
an artisanal working at Makuru west gave results of >22 g/t Au and was obtained
from a structure whose trend heads directly underneath the Makuru Hill BIF, 750
metres to the north. This spatial proximity makes it almost inconceivable that
the hydrothermal fluids that formed these lodes have not invaded the BIFs.
Folded, contorted, surface BIFs, cut by shearing, and with signs of a
hydrothermal overprint, are the core focus of the regional prospecting
activities. Fractured rock facilitates fluid flow; therefore, it is more likely
that a hydrothermal fluid would percolate through a sheared BIF more easily than
an undisturbed one. BIFs also tend to be chemical traps, creating a reducing
(acidic) environment in which sulphides and gold are more likely to precipitate
out of solution.
In the exploration of the BIFs across the licences, the only materials that are
available for sampling are surface rocks, either in float or outcrop. All of the
BIF samples are visibly leached, showing abundant porosity after pyrite. The
porosity takes the form of cubic-shaped cavities leftover from the removal of
pyrite crystals. Hydrothermal fluids would have first precipitated the pyrite
(and other sulphides) and later supergene leaching would have then forced the
pyrite into dissolution, carrying it away and leaving behind the cavities. This
remnant porosity is in many cases indicative of a hydrothermal overprint.
The porous BIFs are being found with sub-g/t Au grades across large extents of
the Migori greenstone belt. Prospects showing leached sulphides in surface BIF,
with low grade gold have been identified at: Nyatworo in the far west of the
licences; between the Mikei Camp and River Migori; Makuru hill; and Nyabisawa
hill; all to the west of Migori town. To the east of the town, similar materials
and grades have been identified at the Karutiange, Francis and Lake Bush BIFs.
Given what has been argued above about the downgrading effects of supergene
leaching on surface samples, the presence of low grade gold in leached BIF is
highly significant. In the current exploration phase, low-grade Au results may
be a positive indication of gold endowment at depth, warranting advanced
exploration. There is a strong case for following up these low gold grades in
the Migori BIFs. Through using this mineralisation model, and seeing through the
supergene leaching, it can be expected that economically significant,
BIF-hosted, gold mineralisation is awaiting discovery on the Migori belt.
Hand-Grab Sample Results
Regional prospecting over the 60 km length of the Migori greenstone belt has
confirmed the presence of artisanal gold workings on lode gold shows over the
full length of the belt, with grades of over 50 g/t showing up in samples from
these workings. These results serve to indicate the tenor of gold endowment on
the belt, and it can be fairly confidently predicted that the established
resources previously reported from some of the better explored lodes can be
significantly supplemented by further drilling of additional lode targets.
The regional work also indicates significant potential for BIF-hosted gold; a
target type that has gone virtually unrecognised to-date on the Kansai licenses,
and has received no exploration attention. The prize in exploring for this type
of mineralisation is exemplified by Geita (14M oz) in similar Archean geology in
Tanzania. Approximately 200 surface rock samples have been collected across the
extent of the Migori greenstone belt over the previous six months, as part of a
rigorous, prospecting programme to assess and determine prime exploration
targets.
http://www.rns-pdf.londonstockexchange.com/rns/0861M_-2010-5-17.pdf
Western Licence (SPL122)
Samples were collected from six principal localities across SPL122:
Makuru (BIF)

Nyatworo (BIF)

Along the track between Mikei
and the River Migori (BIF)

Mirema (H. Qtz - replaced BIF)

Nyarongi (H. Qtz)

Kaminitsa (Fe-Oxide Qtz)
Makuru
The BIFs on Makuru and Nyabisawa Hills (the latter located in the eastern
licence - results below, under the section 'Nyabisawa') are intensely sheared.
The porosity observed in these BIFs is due to supergene leaching of formational,
and hydrothermal, pyrite. That some of the pyrite is hydrothermal in origin was
proven correct by drill-hole NYA01 at Nyabisawa, where both formational and
hydrothermal quartz material was observed in the RC drill chips: the former at
65-76 m depth; the latter at 77-78 m depth.
Samples were collected from the following two areas at Makuru:
Makuru West: the BIF material here is completely leached, and is positioned
above the water table. Results support this with low gold grades (below 0.20
g/t). This locality is most likely to be sitting in the zone of gold depletion
between the hard-pan lateritic layer and the water-table. The hydrothermal
quartz body in the artisanal working 750 m south of the BIF on Makuru Hill
extends towards the hill and projects beneath the BIF. It is therefore highly
likely that the BIF has undergone hydrothermal invasion. One sample taken from
this working gave a peak measured grade of 22.50 g/t Au.
Makuru North: Pyrite crystals leached leaving behind cavities and iron
hydroxides. Lateritic hard-pan developed at surface, but eroded from the
specific areas sampled. BIF is situated well above the water-table and within
the zone of gold depletion above the water-table. Again, results show low gold
grades due to the supergene leaching effect.
Nyatworo
Exposure is extremely poor over this area, therefore exploration drilling is
recommended to test for evidence of unleached, hydrothermal minerals in this
BIF. Only one BIF sample was tested from this locality and showed low Au grades
suggesting the leached nature of the locality.
River Migori - Mikei Traverse
This traverse is ideal for observing the various hydrothermal features found
across the extent of the Migori greenstone belt. The traverse exposed many of
the features observed from prospecting across the extent of the Migori
greenstone belt in microcosm: 'artisanal-type' quartz; undisturbed (layered)
BIF; structurally and hydrothermally reworked BIF; and the highly porous
Nyabisawa-/Makuru-type BIFs.
Twenty-seven samples were collected along a N-S traverse where a track leading
from the River Migori to near Mikei village cuts across multiple BIF
occurrences. All the samples were of surface outcrops or loose blocks, except
one which was from a shallow artisanal working showing a peak measured grade of
11.90 g/t Au. The rest of the samples are barren showing that that even the reef
material is leached in surface outcrops and reports no gold. The same material
sampled from slightly deeper (in the working) is auriferous. Results from
surface sampling are therefore underestimating the potential. Any gold seen in a
surface sample is worth further exploration by trenching/shallow drilling;
recommended for this prospect.
Mirema
Trenching and explosives have exposed the main zone of the mineralised structure
at Mirema; currently in the process of being sampled. Initial grab samples from
the first trench completed returned >3 g/t Au. The trenching program has
uncovered >10 m width of probable hydrothermally replaced BIF adjacent to a row
of shafts of unknown heritage.
Early prospecting at this locality was motivated by the success the local
artisanals were having exploiting alluvial gold in the main stream-course
cutting the prospect. A detailed search was mounted for the bedrock source of
this alluvial gold. Fragments of highly leached vein quartz, and leached BIF
material showing hydrothermal textures, were traced back to a prominent
boulder-field. Gold grades in some of the float materials were low but 8 samples
presented values between 0.74-4.30 g/t Au.
Nyarongi
During the mid-90s, Auvista identified significant soil anomalism at Nyarongi.
Prospecting was conducted over the extent of the area in order to investigate
the source of the gold and arsenic causing the anomaly.
The most intense part of the anomaly is located directly downhill of the main
artisanal workings immediately to the north of the main Macalder-Migori road.
The anomaly weakens in a downhill, broadly southerly direction and encompasses
the smaller artisanal workings to the south. This anomaly is derived from
down-topographic dispersion from the main workings beside the road. Samples were
taken from these workings and assayed for Au.
Further artisanal workings indicate potential for the presence of multiple,
parallel, relatively closely spaced, narrow reefs. A shallow drill-hole
underneath the main artisanal workings is merited.
Outcropping vein material was sampled from a road-side ditch beside the
artisanal workings. Four out of seven samples gave highly auriferous gold grades
between 0.58-10 g/t. These exposed veins and the artisanal workings indicate an
auriferous vein cluster meriting trenching and shallow drilling to test the
potential for bulk, mineable mineralisation.
Kaminitsa
On the far eastern periphery of the Nyarongi soil anomaly, prospecting located
white quartz fragments and boulders: strongly impregnated with Fe-oxide, and
ranging between 5 cm and 40 cm across.
The quartz was determined to be hydrothermal in origin due to the presence of
drusy and vuggy textures (both indicative of hydrothermal activity). Cubic
pseudomorphs after very fine pyrite were also observed. In outcrop, the quartz
is a discontinuous pod hosted in phyllite rock; 40 cm long by 25 cm wide; and
parallel to the 60 degree trend of the foliation in the phyllites.
As previously announced, good mineralisation was uncovered at this prospect.
Eleven samples were taken, five of which contained measured grades of >1 g/t
gold, to a maximum of 15.6 g/t. These surface samples comprise what appears to
be primary hydrothermal iron oxide and quartz. This mineral assemblage would be
far less prone to supergene leaching than the more typical sulphidic materials,
and would therefore explain why these surface samples have retained their gold
content, despite the tropical weathering they have endured.
Eastern Licence (SPL202)
Samples were collected from seven principal localities across SPL202:
Francis (BIF)

Karutiange (BIF)

Lake Bush (BIF)

Nyabisawa (BIF)

Kihancha (Graphitic
Schists)

Mwiro



(Graphitic Schists)

Carlos East (H. Qtz)
Francis, Karutiange, Lake Bush
The sample results from these three, BIF-related prospects have been announced
previously. Samples from Karutiange and Lake Bush gave maximum measured grades
of 0.76 g/t Au and 0.48 g/t Au respectively. Placed in context of the BIF-hosted
mineralisation model, these low grades, and the pyrite pseudomorphs present on
outcrop, support the idea that the BIFs have been leached of sulphides and gold.
Up to 0.76 g/t was measured showing that if this level of grade is present at
surface, then great concentrations can be predicted to exist at depth.

From the Francis prospect, 2 out of 3 hand-grab samples show mineralisation at
measured grades of 5.57 g/t Au in one sample and 44-46.3 g/t Au in the other.
These samples contained milky white quartz associated with abundant fresh, and
partially oxidised, pyrite and were obtained from a waste dump from colonial era
mining of a lode structure.
Nyabisawa
The type of BIF observed at Nyabisawa is the same style as the BIF at Makuru
(see section 'Makuru' - above). The BIF here forms a hill just north of
Nyabisawa village and is situated well above the water-table. The lateritic
hard-pan is developed on the lowest slopes, but is eroded from much of the hill.
Samples were taken from where it has been eroded at Nyabisawa West, and at
higher elevations at Nyabisawa North. These samples were totally leached,
evidenced by the abundant porosity only with no preserved iron oxides. Traces
(to 0.90 g/t Au) of gold in these totally leached materials, and samples showing
>2 g/t Au from artisanal workings within or adjacent to the BIF, indicate
potential which needs to be explored by drilling beneath the leached zone.
One of the prominent leached outcrops was drilled using RC (results discussed
below). Beneath the water-table, in the unleached zone, large quantities of
pyrite were seen proving that the porous outcrops seen across the license
indicate leaching of highly pyritic rock. Visual indications of vuggy
hydrothermal quartz textures were also seen, indicating hydrothermal interaction
with the BIF.
Kihancha
The Kihancha 5 structure is situated in the far east of the licences. The
mineralisation here has been identified in graphitic schists rather than in
BIFs. Graphitic host rocks are similar to BIF host rocks as they provide a
chemical trap; a reducing environment encouraging the generation of more
sulphidic mineralisation and gold precipitation from hydrothermal fluids. It may
not be amenable to exploitation by the artisanals (gold being in sulphides
rather than free, so not extractable by gravity processing) but may be amenable
to more modern mining/processing methods.
The artisanal workings are of small scale, and only a further 100 m of currently
inaccessible (flooded) underground development is indicated by the locals. It
may well be that they could not work this sulphidic material effectively and
that the bulk of it has been left in the ground. The mineralisation could be of
significant, as yet unseen, scale; the graphitic host rock is a very effective
hydrothermal gold precipitation medium and may form mineralization of
significant scale as opposed to the normal narrow, discontinuous artisanal reef
scenario.
There may be a number of lessons in this prospect, applicable license-wide:
(1) Graphitic host rocks could produce more sulphidic ores which the locals
can't exploit, and could therefore add some scale to the mineralization;
(2) The presence of abundant reef blocks lying around may be indicative of the
problems that artisanals have faced in extracting the gold and so they tend to
throw the reef to the side;
(3) The shallow water-table in the eastern parts of the licenses has prevented
the deep supergene leaching seen in the western areas, resulting in more
sulphidic materials being visible at surface.
The samples are nearly all richly auriferous and some of the most sulphidic
material found on the Migori belt. The interpretation here is that graphitic
host rocks have encouraged the precipitation of sulphides from hydrothermal
fluids, and that a permanently near-surface water-table has prevented the
formation of an upper zone of gold depletion.
Kihancha is highly worthy of renewed additional attention. Shallow
reconnaissance drilling (to 50 m depth) is merited to test the width of the
structure, the sulphide content, and the degree to which the artisanals have
left the mineralization in-place. It may be worth exposing the structure better
in trenches and understanding its geometry via a good structural study, prior to
drilling.
Mwiro (previously Carlos Far West)
The Mwiro samples were taken from outcrops and float in an old overgrown
working. The main host to the quartz veins is a highly weathered, ferruginous,
intensely sheared phyllitic rock from which gold can easily be panned.
Auriferous samples showed moderate grades between 0.55-1.26 g/t Au suggesting
some degree of leaching. These grades were examined at depth using RC drilling
earlier in this year (see next section).
Carlos East
Samples are from a strike-persistent lode; the continuation of the Mwiro
structure described above. Samples were taken from artisanal workings,
indicative of a well-mineralised lode structure, worthy of drilling. Of six
samples, four were highly auriferous grading between 9.80-54.75 g/t Au.
Potential exists here to supplement the established gold resources on the
western license.
RC drilling - sample results
A total of 507 metres of core were drilled using the RC method. Eleven holes
were drilled over four targets across both licence areas: SPL122 and SPL202. In
the western licence (SPL122) four holes were drilled at the Macalder gossan and
two at Gori Maria; and in the eastern licence (SPL202), four holes were drilled
at Carlos Far West (Mwiro) and one at Nyabisawa. The Eastern licence, to date,
has been relatively underexplored compared to the western licence, where
previous companies have rigorously drilled and sampled, and even mined in some
areas.
Macalder Gossan
Only one of the four holes drilled at the gossan intersected a mineralised
interval: 7 metres at 0.95 g/t Au (at 16-23 metres depth with peak measured
grade of 2.33 g/t Au). However, at this depth, it is more likely that this
mineralised interval is in the sulphide zone rather than the gossan itself.
The RC drilling of all of the holes at the gossan only reached a maximum of 20
to 25 metres (at 60 degrees angle). Progress was hindered largely due to drill
penetration issues from the influx of groundwater, and the presence of cavities
where the gossan had already been mined out. Previous diamond drilling by
Kansai, in 2007, reached depths of greater than 100 metres in many cases,
enabling the gossan to be sampled deeper below surface. Those results were
extremely encouraging, indicating the presence of significantly high grade
mineralisation (peak measured grade of 42.00 g/t Au at 66-67 metres depth).
Over the last month, 35 samples have been taken over the full strike of the
Macalder gossan. Due to the issues of drill penetration, as already outlined,
this was deemed to be the most practical and direct method of obtaining samples
underground. The body was accessed through the established, artisanal workings.
The samples give reasonable strike coverage of the body and are expected to
offer further indication of the grade of the gossan. There may be significant
grade variation in the vertical direction, which will not be covered by these
samples; however, without actually drilling the body, direct sampling is the
only viable alternative. Ten additional samples have been taken for
mineralogical analysis and will be assessed in London to determine adequate
processing techniques.
Gori Maria
Sample results from the Gori Maria holes come as further indication of the long
columns of mineralisation at this target. Mineralisation in one hole extended
over 24 metres at 1.29 g/t Au (between 10-34 metres depth with peak measured
grade of 5.14 g/t Au at 21-22 metres); and 9 metres at 1.38 g/t Au in the second
hole (24-33 metres depth with peak measured grade of 7.29 g/t Au at 31-32
metres). The results from this hole will be combined with those from Kansai's
diamond drilling programme, in order to supplement the NI 43-101 indicated
resource estimate at this prospect.
Nyabisawa and Mwiro (Carlos Far West)
Drilling at the Nyabisawa prospect did not intersect the mineralised interval;
however a rigorous trenching programme and further drilling are anticipated in
order to delineate the exact nature and distribution of the mineralised
structure. Vuggy quartz was observed during the logging of the RC chips from the
Nyabisawa hole, indicating the former passage of hydrothermal fluids below the
leached BIFs at Nyabisawa. Influx of groundwater at this prospect inhibited
drilling to greater depths, due to the raised level of the water table (this
also being the reason for the lack of previous exploration and artisanal
activity in the eastern licence).
Results from one hole drilled at Mwiro showed one mineralised section: 6 metres
at 0.90 g/t Au (12-18 metres depth with 1m at 3.90 g/t Au at 14-15 metres)
however as for Nyabisawa, further exploration is planned in order to intersect
the high-grade, mineralised interval at depth.
Tailings - Au and Ag assay results
The results in the below table are from the samples drilled during the December
2009/January 2010 percussion drilling programme. The tailings dam is divided
into two main zones (sulphides and calcines) due to the different processes used
to process the ore during the colonial era mining at the Macalder Mine.
During the recent drilling programme, 38 holes (including 6 infill holes) were
drilled across the entire tailings dam on a 50 m by 50 m grid*. Drilling
totalled approximately 458 m with 191 m drilled in the sulphides and 156 m in
the calcines. The results were analysed by fire assay for gold and silver grades
at the laboratory in Mwanza.
+---------------------------+---------------------------+---------------------------+
| | Au (g/t) | Ag (g/t) |
+---------------------------+---------------------------+---------------------------+
| Sulphide | 1.56 | >16.78 |
| 191 samples | | |
| | | |
+---------------------------+---------------------------+---------------------------+
| Calcine | 1.85 | >20 |
| 156 samples | | |
| | | |
+---------------------------+---------------------------+---------------------------+
Results from Au fire assay analysis of the tailings dam (weighted averages)
For the silver results, only the lower boundaries can be stated. This is because
the Ag grade exceeded the detection limit and so the exact averages cannot be
calculated. To determine the exact grade, a second analysis will be required
with a higher detection limit.
Determination of the tailings resource is currently underway. Over the last
month, a survey of the surfaces of the tailings dam has been conducted in order
to define its volume and tonnage. Coupled with the new Au and base metal
results, a resource calculation for will soon be available.
Sixty-three new samples have been taken of the tailings walls as this material
was not covered in the sampling achieved by the drilling. These samples have
been despatched to Mwanza for analysis. A bulk sample has been composited of
this material, to be added to the metallurgical samples to be sent to Perth.
Acid drainage test-work on the tailings material is continuing in the
background. Twenty-five samples have been sent for ABA test-work in ALS
Vancouver. On-site leach-pad test-work has been initiated to understand the
weathering characteristics of the different materials with a view to minimising
environmental impact during reprocessing and to design environmentally sound,
long-term, re-disposal methodologies.
The export permit for the bulk composites has just been received and the samples
will be shipped within the next few days.
*Previous announcements incorrectly stated as 25 m by 25 m grid.
The technical information in this announcement has been prepared by Kamini
Manick, MESci, and approved for release by Helen Salmon, BSc, FGS, who is a
qualified person as defined in the Note for Mining and Oil & Gas Companies, June
2009, of the London Stock Exchange.
For further information contact:

+----------------------------------+----------------------------------+--------------------------+--------------------+
| Andrew Bell | 0207 402 4580 or 07766 474849 | Red Rock Resources plc | Chairman |
+----------------------------------+----------------------------------+--------------------------+--------------------+
| Peter Trevelyan-Clark/Ben Jeynes | 020 7444 0800 | Religare Capital Markets | Nominated Adviser |
+----------------------------------+----------------------------------+--------------------------+--------------------+
| Nick Emerson | 01483 413500 | Simple Investments Ltd | Broker |
+----------------------------------+----------------------------------+--------------------------+--------------------+
| Ron Marshman | 020 7011 9411 | City of London PR | Public Relations |
+----------------------------------+----------------------------------+--------------------------+--------------------+
Updates on the Company's activities are regularly posted on its website
www.rrrplc.com.

This information is provided by RNS
The company news service from the London Stock Exchange
END

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