Red Rock Resources Plc is a natural resource development company with interests in gold, base metals, battery metals, and hydrocarbons principally in Africa and Australia. This release is an update, further to the announcement of 23 January 2024, in relation to the Company's gold operations at Bilbale and Boulon in Burkina Faso. planned February visit to join colleagues at Riverstone Resources Ltd, a Hong Kong company owned by Mr. Mahendran Samuel ("Riverstone") on site at Bilbale has now been scheduled for the first week of March, as a separate due diligence trip involving key team members had to be conducted at short notice.

The team will include experienced geologists and engineers from India and Africa with experience of mine development, including in Burkina Faso, as well as local staff. Initial work will consist of locating and setting up areas for initial trials, some trenching and benching, drilling of two bore holes, and civil works including ponds and preparation of areas for administration, fuel storage, laboratory, furnace, and security. In parallel, Riverstone will deliver the machinery and equipment needed for exploration, much of which is held by them in stock, and which will be imported by air and sea with a transport time of 6-8 weeks.

This equipment should arrive at a prepared site ready to start alluvial exploration operations with the minimum of delay. Red Rock and Riverstone will implement a test programme processing alluvial material from different parts of the license, on a scale sufficient to establish gold grade, including high grade zones. Red Rock will operate initially on a trial basis, but expects to initiate the process of permitting for bulk production and processing.

Initial activities will be those permitted by the exploration license. Over the implementation period the parties will discuss the terms of future co-operation, taking into account the results of the phase of work now beginning. The license remains owned by Red Rock subsidiary Faso Greenstone Resources SARL.