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Rochester Resources Ltd

Published : November 01st, 2007

Achieves Profitability from Operations in First Quarter of Commercial Production

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Re: News Releases - Thursday, November 01, 2007
Rochester Achieves Profitability from Operations in First Quarter
of Commercial Production

Vancouver, Canada - Rochester Resources Ltd. (TSXV: RCT; OTCBB: RCTFF
and Frankfurt: R5I): Dr. Alfredo Parra, President and CEO, is pleased
to report that Rochester realized net revenue of $1,766,783 on 2,656
oz. of gold equivalent (gold 2,252, silver 20,824) shipped during the
three months ended August 31, 2007 (the "2008 First Quarter") and
generated an operating profit of $213,538 after non-cash charges for
depletion and amortization of $237,407. Since August 31 2007 there has
been a significant increase in the spot price of gold to a close of
$789.50 per ounce on October 31 2007. During the 2008 First Quarter,
head grades averaged approximately 7 grams per tonne gold and 140 grams
per tonne silver. Recovery rates for gold surpassed 90% but silver
recovery is expected to remain in the 45-60% range until planned
modifications are implemented to the milling circuit in early 2008.

"We expect significant improvement in net revenues and profitability as
we continue to reduce operating costs, improve recovery rates and
increase head grades over the coming months. Rochester is well
positioned to take full advantage of the current bull market in gold
and silver." commented Dr. Parra.

The Company reported a net loss of $761,527 for the 2008 First Quarter
after recognizing $506,785 in non-cash compensation charges associated
with the issuance of stock options and $394,199 in general and
administrative expenses.

During the 2008 First Quarter the Company recorded total charges of
$635,456 for additions to mineral property interests, of which $109,282
was attributed to exploration activities on the Santa Fe Property and
$526,174 for exploration activities on the Mina Real Project.

As of August 31, 2007, the Company had working capital of $684,866
compared to $768,740 as of May 31, 2007. A brokered private placement
was completed on October 27, 2007 which raised gross proceeds of
$4,000,000 through the issuance of 2,000,000 units at a price of $2.00
per unit (the "Units"). "We are now in the enviable position of
having a strong balance sheet supported by the ability to generate
meaningful cash flow from our mining and milling activities, which will
enable us to adopt a more aggressive exploration program, make capacity
and recovery improvements to the mill and related infrastructure and
provide adequate working capital for ongoing operations." stated Dr.

Dr. Parra is currently the Company's in-house Qualified Person and QP
Member of the Mining and Metallurgical Society of America with special
expertise in Mining.

We are also pleased to report that Marc Cernovitch will be added as a
consulting director to the Board of Directors of Rochester. Mr.
Cernovitch brings a strong background in corporate governance and
finance. He studied Economics at McGill University. He started his
career in the financial sector as a stockbroker and has lived and
worked in Montreal, Calgary, Vancouver, New York and Toronto. Since
leaving the brokerage industry, Marc has focused on corporate
development, funding and building companies primarily in the resource
and energy technology fields. He is currently Chairman of Halo
Resources Ltd. and an Advisory Board Member to Salazar Resources Ltd.
Mr. Cernovitch replaces Douglas F. Good who has concurrently resigned
as a director and employee of Rochester in order to focus his efforts
on his other business interests and allow him to devote more time to
his family. The board thanks Mr. Good for his contributions to the
company's development and wishes him every success in the future.

Rochester represents a pure-play high-grade gold and silver exploration
and development company with properties in Nayarit, Mexico. The state
of Nayarit is located in the Sierra Madre Occidental range which is the
largest epithermal precious metal region in the world and hosts a
majority of Mexico's gold and silver deposits. The Mina Real Mine
could certainly be considered a "high-grade" gold/silver deposit with
grades reported in 2007 from mine development averaging 12 grams/tonne
gold and 200 grams/tonne silver over 775 metres of drift development.


"Dr. Alfredo Parra"
Dr. Alfredo Parra, President and CEO

Investor information contact:

Empire Communications Inc.
Tel: 1-866-841-0068

Forward Looking Statements

This Company Press Release contains certain "forward-looking"
statements and information relating to the Company that are based on
the beliefs of the Company's management as well as assumptions made by
and information currently available to the Company's management. Such
statements reflect the current risks, uncertainties and assumptions
related to certain factors including, without limitations, competitive
factors, general economic conditions, customer relations, relationships
with vendors and strategic partners, the interest rate environment,
governmental regulation and supervision, seasonality, technological
change, changes in industry practices, and one-time events. In
addition, the Company has not conducted an independent feasibility
study on the Mina Real project which may increase the risk that the
planned operations are not economically viable. Should any one or more
of these risks or uncertainties materialize, or should any underlying
assumptions prove incorrect, actual results may vary materially from
those described herein.The TSX Venture Exchange has not reviewed and
does not accept responsibility for the adequacy or the accuracy of this

Copyright (c) 2007 ROCHESTER RESOURCES LTD. (RCT) All rights reserved.
For more information visit our website at or send
Message sent on Thu Nov 1, 2007 at 5:27:11 AM Pacific Time
Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

Rochester Resources Ltd

ISIN : CA77174P1027
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Rochester Res. is based in Canada.

Rochester Res. holds various exploration projects in Mexico.

Its main asset in production is MINA REAL in Mexico and its main exploration properties are SANTA FE NAYARIT and EL CORA in Mexico.

Rochester Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 613 826 as of today (US$ 490 786, € 429 929).

Its stock quote reached its highest recent level on July 13, 2001 at CA$ 990.00, and its lowest recent point on February 13, 2015 at CA$ 0.01.

Rochester Res. has 20 460 882 shares outstanding.

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Annual reports of Rochester Resources Ltd
2007 annual report
Financings of Rochester Resources Ltd
5/18/2007Closes 700,000 Unit Private Placement at $2.50 Per Unit
Financials of Rochester Resources Ltd
11/1/2007 Achieves Profitability from Operations in First Quarter of ...
Project news of Rochester Resources Ltd
11/16/2007 Announces Mill Production And Silver Recovery Update For It...
11/7/2007Drift Development Results at Tajos Cuates Confirm Extension ...
8/29/2007Reports Improved Production Results And Exploration Update
5/24/2007Mina Real Mill Resumes Production
Corporate news of Rochester Resources Ltd
11/20/2007 Commences Drift Development And Mobilizes Drill At The Sant...
10/29/2007Provides Update on Exploration and Development Activites
6/8/2007Mina Real Production Update
5/3/2007Announces $2.94 Million Capital Raise
2/28/2007Commences Regular Shipments of Gold & Silver Production
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