Name and Location
Mikei gold project, Kenya.

Client
Red Rock Resources holds a 15% direct interest in Mid Migori Mining Company (MMM) and 32.27% indirectly through its 37.96% investment in Kansai Mining Corporation. MMM is the holder of the deposits, which constitute the Mikei gold project.

On completion of a bankable feasibility study (BFS), Red Rock will be entitled to a 60% direct interest, bringing its total to more than 75%.

Project Description
The Nyanza gold deposit is part of the wider Mikei gold project, which has a Joint Ore Reserves Committee-compliant indicated and inferred mineral resources of 29.36-million tonnes at 1.26 g/t of gold.

Value
Not stated.

Duration
Not stated.

Latest Developments
Red Rock has signed an agreement with South African-based consultancy Applied Geology & Mining to start a preliminary technical and economic assessment, which constitutes the first stage of a feasibility study on the Nyanza gold deposit.

This technical and economic study of the Nyanza deposit will inform the parameters and requirements for the next stages of the feasibility work. This will include a detailed technoeconomic valuation, environmental- and social-impact assessments, mine and plant design, as well as engineering and procurement studies.

Key Contracts and Suppliers
Applied Geology & Mining.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Red Rock Resources, tel +44 20 7747 9990, fax +44 20 7747 9998 or email exploration@rrrplc.com.
Applied Geology & Mining, tel +27 11 234 9750 or fax +27 11 234 9488.