Rockfire Resources Plc, the gold and base metal exploration company, is pleased to announce its unaudited interim results for the six months ended 30 June 2022.
Rockfire has continued its focus on a strategic campaign to attain value growth, primarily through exploration success. This forms an integral part of the growth strategy adopted by the Board to achieve increased asset value and thereby, shareholder wealth.
The Company’s exploration activities have focused on its large-scale battery metal and critical metal Molaoi zinc-lead-silver-germanium deposit (“Molaoi”) in Greece, at a time when European energy supply is being revised and zinc prices have materially increased. The Board believes the timing of higher zinc prices and exploration drilling at the Company’s 100%-owned Molaoi Deposit within the strategic EU country of Greece are combining to Rockfire’s advantage.
The loss attributable to the shareholders of the Company for the six months ended 30 June 2022, was £302,582, a reduction of £123,355 from the comparable period to 30 June 2021. The primary reason for the reduction is that the prior period included a share-based payment expense of £116,049. There were no grants of options during this current period.
