The new mineral resource estimates (MRE) were performed on the KKM-West (KW), Nyanza (NZ) and Gori Maria (GM) prospects.
The MREs in accordance with the Australian mineral reporting standard, Joint Ore Reserves Code (JORC) has been reported to contain 482 thousands of ounces (kOz) of gold for the three prospects with 10.26 million tons (Mt) at 1.46 grams per ton (g/t) Au (0.5 g/t Au cut-off).
The indicated resources for the KW prospect are 1.13Mt at 1.07g/t Au and the inferred resources are at 3.03Mt at 1.02g/t Au and the total resource is 4.16Mt at 1.04 139g/t Au for 139kOz.
The NZ gold prospect has 1.17Mt at 3.73g/t Au indicated resources where as the inferred resources are 1.15Mt at 1.70g/t Au and the total resource is 2.32Mt at 2.73g/t Au for 203kOz.
The inferred resources for the GM gold prospect is 3.78Mt at 1.16g/t Au and total resources are 3.78Mt at 1.16g/t Au for 141kOz.
CSA Global UK prepared the MRE for the three of the five prospects on the Mikei Gold Project and is estimating the final prospect.
Denmark based Red Rock Resources is a mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia and interests in steel feed, uranium and rare earths.
