# Rockfire Resources says work is now underway on Molaoi resource estimates

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rockfire-resources-says-work-is-now-underway-on-molaoi-resource-estimates--bb60b044-c610-429a-be3b-97e3f53d2347

Original source: https://www.proactiveinvestors.com/companies/news/1099270/rockfire-resources-says-work-is-now-underway-on-molaoi-resource-estimates-1099270.html

Publisher: proactiveinvestors

Original announcement: 2026-09-29T08:34:52.627Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T13:44:43.901Z

Atlas analysis updated: 2026-09-29T13:44:43.901Z

- Company: Rockfire Resources PLC

- Ticker: ROCK

- Exchange: Unavailable

- Region: Greece

- Primary commodity: Germanium

- Secondary commodities: Zinc, Lead, Silver, Copper

- Document categories: Resource update, Drill results

- Extracted: 2026-09-29 13:44:44 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Rockfire Resources has commenced work on a maiden JORC Inferred germanium resource estimate at the Molaoi deposit in Greece, alongside an update to the existing zinc resource. Preliminary pXRF drilling results also showed a high-grade 12% copper reading in hole HMO-022.

Reasoning: The company is advancing towards a maiden germanium resource and upgrading existing zinc resources, supported by high-grade preliminary copper readings.

- Positive factor: Maiden germanium resource estimate underway

- Positive factor: High-grade copper pXRF reading recorded

- Positive factor: Existing zinc resource is significant

- Negative factor: Copper result is preliminary pXRF and requires lab assays

- Negative factor: Germanium resource is currently only Inferred

Facts used in scoring: 4

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The company is working on a maiden JORC Inferred germanium resource estimate.

Evidence · text

> started work on a maiden JORC Inferred germanium resource estimate

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### HMO-022

[Link to this fact](https://atlas-staging.minestarters.com/news/rockfire-resources-says-work-is-now-underway-on-molaoi-resource-estimates--bb60b044-c610-429a-be3b-97e3f53d2347#fact-drill-facts-0)

Molaoi · copper

#### Identity

- Hole ID: HMO-022
- Project: Molaoi
- Commodity: copper
- Region: greece
- Reported Region: greece
- Ticker: ROCK

#### Geometry

- Grade: 12
- Grade Unit: %
- Intercept: 0.01 m
- From: 179.8 m
- To: 179.81 m
- Intercept Depth: 179.8 m

#### Classification

- Sample Type: drill
- Group ID: HMO-022:179.8-179.81

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: 12% Cu is an exceptional pXRF reading but lacks laboratory verification.

- Positive factor: Highest copper value recorded at project

- Negative factor: Preliminary pXRF reading only

- Negative factor: Requires laboratory assays

Evidence · text

> Hole HMO-022 returned a preliminary pXRF reading of 12% copper from a narrow 1cm chalcopyrite vein at 179.8 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (3)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rockfire-resources-says-work-is-now-underway-on-molaoi-resource-estimates--bb60b044-c610-429a-be3b-97e3f53d2347#fact-resource-facts-1)

Molaoi · zinc

#### Identity

- Project: Molaoi
- Commodity: zinc
- Region: greece
- Reported Region: Greece
- Ticker: ROCK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:93a5e375e7f15d1dd442

#### Resource Data

- Category: inferred
- Tonnes: 15000000
- Grade: 7.26
- Grade Unit: %
- Contained Metal: 1.5
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Existing Inferred zinc resource provides a solid base for the project.

- Positive factor: Significant tonnage and grade

Evidence · text

> Molaoi currently contains a JORC Inferred resource of 15 million tonnes at 7.26% zinc

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rockfire-resources-says-work-is-now-underway-on-molaoi-resource-estimates--bb60b044-c610-429a-be3b-97e3f53d2347#fact-resource-facts-2)

Molaoi · lead

#### Identity

- Project: Molaoi
- Commodity: lead
- Region: greece
- Reported Region: Greece
- Ticker: ROCK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:93a5e375e7f15d1dd442

#### Resource Data

- Category: inferred
- Tonnes: 15000000
- Grade: 1.75
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Lead is a significant byproduct in the existing Inferred resource.

Evidence · text

> 15 million tonnes at 7.26% zinc, 1.75% lead

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/rockfire-resources-says-work-is-now-underway-on-molaoi-resource-estimates--bb60b044-c610-429a-be3b-97e3f53d2347#fact-resource-facts-3)

Molaoi · silver

#### Identity

- Project: Molaoi
- Commodity: silver
- Region: greece
- Reported Region: Greece
- Ticker: ROCK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:93a5e375e7f15d1dd442

#### Resource Data

- Category: inferred
- Tonnes: 15000000
- Grade: 39.5
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Silver is a significant byproduct in the existing Inferred resource.

Evidence · text

> 15 million tonnes at 7.26% zinc, 1.75% lead and 39.50g/t silver

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
