Rockfire Resources plc announced that the Company's on-going drilling program has intersected a very wide and strongly mineralised zinc zone at depth at its 100%-owned Molaoi zinc deposit in Greece. This extensive intercept of zinc, silver and lead demonstrates the quality of this deposit and is expected to result in a material increase in resource tonnage. Highlights: Hole HMO-004 has intersected wide and strong mineralisation at depth, with a continuous zone averaging 24.6m @ 8.0 % ZnEq.

intersected, starting from 243.42m depth. The interval above includes an upper 10.6m zone averaging 7.4 % ZnEq. from 243.42m depth, and A second, lower interval of 11.0m @ 10.9 % ZnEq.

starting from 257m depth. Within this lower interval is a zone of 6.14m @ 12.11 % Zn, 2.05 % Pb and 67.4 g/t Ag. The highest individual zinc assay in hole HMO-004 is 0.80m @ 36.30 % Zn from 266.40m depth The highest individual silver assay in hole HMO-004 is 0.80m @ 170.0 g/t Ag from 266.40m depth The highest individual lead assay in hole HMO-004 is 0.73m @ 7.5 % Pb from 262.52m depth Hole HMO-004 also intersected multiple, narrow lodes of zinc higher, above the main zone, including: 0.46m @ 3.1 % Zn from 71.40m depth; 0.36m @ 6.0 % Zn from 136.84m depth; 0.13m @ 24.3 % Zn from 236.60m depth; 1.37m @ 5.0 % Zn from 239.30m depth.

The resource is likely to be expanded at depth and along strike once all drilling analyses are complete and included into a revised resource model. Drilling is on-going and Rockfire is striving to expand the zinc resource at depth and along strike to the north. Currently the resource is 1.4km long and drilled down to 220m beneath the surface.

A JORC Inferred Resource of 250,000 tonnes of zinc equivalent metal has been estimated within these dimensions, and the Company is targeting a zinc equivalent resource of at least 400,000 tonnes. A revised resource estimate is currently in progress. Management and the technical team are eagerly awaiting the outcome of this update.