RRK

Red Rock Energy Inc. (TSX VENTURE:RRK) announced today that it has successfully
completed a program of summer fieldwork on its Uranium City properties and has
had assessment work documenting its 2008 and 2009 field exploration programs
approved.


Building upon its thorough 2009 fieldwork program and the collection,
integration and analysis of historical data, the 2010 program focused on
selected targets that required further detailed geological mapping and
examinations. This work took place in the vicinity of the former Eldorado
Nuclear Limited Fay-Ace-Verna mines and in the Eagle and Lorado areas. Early
results indicate that Red Rock has identified new drill targets that have the
potential to add additional resources to its 1.34 million lbs of U3O8 of
inferred resources that were discovered at the Fusion Zone and East Target.
Additional information and the full technical reports for these discoveries are
available on Red Rock Energy's web site on the Investors page under the link
'Technical Reports'.


In late September the Mines Branch of the Saskatchewan government approved
assessment work for Red Rock's 2008 and 2009 programs ensuring that its core
group of claims totaling 24,498 ha will be kept in good standing until 2020.
This important step in the process illustrates Red Rock's commitment to ensuring
that capital expenditures end up in final exploration, which generates the
greatest potential to produce additional resources. Equally important is that
this will allow Red Rock to continue the process of identifying, evaluating and
analyzing new drill targets and selected areas that require further geological
mapping and examinations.


READER ADVISORY

Statements in this press release may contain forward-looking information
including expectations of future production, operating costs, commodity prices,
administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income taxes,
regulatory changes, and other components of cash flow and earnings. The reader
is cautioned that assumptions used in the preparation of such information may
prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the company. These risks include, but are not limited to, the risks associated
with the mining industry, commodity prices and exchange rate changes. Industry
related risks could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans, risks
associated to the uncertainty of reserve estimates, health and safety risks and
the uncertainty of estimates and projections of production, costs and expenses.
The reader is cautioned not to place undue reliance on this forward-looking
information.


The reader is further cautioned that the preparation of financial statements in
accordance with generally accepted accounting principles requires management to
make certain judgements and estimates that affect the reported amounts of
assets, liabilities, revenues and expenses. Estimating reserves is also critical
to several accounting estimates and requires judgments and decisions based upon
available geological, geophysical, engineering and economic data. These
estimates may change, having either a negative or positive effect on net
earnings as further information becomes available, and as the economic
environment changes.

Red Rock Energy Inc. (TSXV:RRK)
過去 株価チャート
から 6 2024 まで 7 2024

Red Rock Energy Inc. (TSXV:RRK)
過去 株価チャート
から 7 2023 まで 7 2024