Red Rock Resources

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SAGEM - Sun, 31 Dec 06 :

HOPE YOU FIND THIS INTERESTING AND INFORMATIVE ;-
Current Operations
Project-Celia (Australia: Uranium)

In heart of Rum Jungle uranium field in WA
Known uranium targets
Magnesite resource established
Gold occurrences
Project-Chintheche (Malawi: Uranium)

U3O8 prospectivity of Malawi - Kayalekere deposit (now Paladin Resources Ltd)
Identified as target by Hunting Geophysics survey
Highly anomalous radiometric anomaly (U+KTH+)
Ground magnetics and spectrometer surveys recommended
Project-Chiwefwe (Zambia: Manganese)

Significant high grade Manganese resource defined in Zambia
Apparent hydrothermal replacement deposit within fault
Exploration continues with drill programme
Existence of required infrastructure will impact project economics favourably
Project-Daly River (Australia: Iron Ore)

Well-known iron occurrence in NT
Extensive boulders and outcrops
Resources estimated at 126m tons in 1967-8 drilling programme
Little follow-up work
Project-Hayes Creek South (Australia: Iron Ore)

Undrilled structural corridor on Hayes Creek Fault in NT
Iron-carrying breccia zones exposed over several hundred metres
Exposed cliff of massive haematite
Rock chips up to 57.3% Fe and 37.1% Mg, with up to 15 g/t Au
Possible uranium
Project-Machinga (Malawi: Uranium, Niobium, Thorium)

Known niobium, thorium and uranium mineralization occurrences in Malawi
Covers two highly radioactive zones at Chinduzi and Machinga
Project-Marrakai (Australia: Uranium)

In Rum Jungle Uranium Field in NT
Previous exploration for uranium, gold, base metals
Iron expressions at surface and possible Frances Creek type structure
Project-Mount Alfred (Australia: Iron Ore)

In Yilgarn in WA
Direct shipping grade haematite prospect
15 km of target BIF mineralisation
Project-Mount Hope (Australia: Iron Ore)

Haematite prospect in Yilgarn in WA
Under option to Jupiter Mines
Share, cash and royalty agreement on exercise
Project-Mount Ida (Australia: Iron Ore)

Haematite prospect in Yilgarn in WA
Under option to Jupiter Mines
Share, cash and royalty agreement on exercise
Project-Oakover (Australia: Gold, Manganese)

90% manganese used for steelmaking
Strong demand from Chinese and Indian steel industries foreseen
Australia became largest producer in 2004
East Pilbara an established producer with growing capacity and well placed to meet regional demand
Red Rock has major acreage position in prospective areas
Sampling of Red Rock tenements has given some high grade results
591 ppb Au in streams indicates unexplored gold potential
Project-Savage River North/Arthur River (Australia: Iron Ore)

Strong demand from Chinese steel industry
Growing demand for magnetite ore
Established production from magnetite lenses in adjacent Savage River Iron Mine
Good road infrastructure at Arthur River
Savage River North hosts strike extensions of Savage River mineralisation
Aeromagnetic data confirms continuity of highly magnetic trend through Red Rock tenements
Prospectivity for other minerals
Project-Woolgni/Edith River (Australia: Gold, Uranium)

Australia and Canada two major uranium exporters
Northern Territory historically important uranium producer
Four uranium projects identified on part of license and explored in 1950s
Disseminated mineralization over wide area
0.1-0.2% average surface grades
Recommended follow-up never carried out
High grade gold trenching and rock sampling results at different prospects at Woolgni indicating up to 31 g/t gold


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