Rocmec Mining

Published : April 30th, 2008

ACQUIRES MILLING PLANT FOR ITS ROCMEC 1 GOLD PROPERTY

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Press Release

 

Rocmec Mining Inc.���� ���������������������� ����������� ���������������������������������� ��������Symbols: RMI: TSX-V

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ROCMEC ACQUIRES MILLING PLANT FOR ITS ROCMEC 1 GOLD PROPERTY

 

Pointe-Claire, Quebec, April 30th, 2008 – Rocmec Mining inc. (TSX-V Symbol: RMI - FSE Symbol: D5O) is pleased to announce that it has acquired a milling plant for its Rocmec 1 gold property. The company RSW-Beroma, located in Val-d’Or, Quebec, has already started construction and on-site installation is scheduled for the end of summer. The contract with RSW-Beroma stipulates that the plant must be operating at full production capacity no later than 180 days following the signing of the contract, being before October 18th, 2008.

 

Following conclusive gold recuperation tests performed by L.T.M. Laboratories of Val d’Or, Quebec, management has determined that a floatation circuit is the practical process for its project. The flotation process is an ecological way of extracting precious metals as it does not employ cyanide. After a gravity circuit, soaping agents are used to recuperate the gold along with the copper and pyrite present in the mineralised ore at Rocmec 1. The resulting high-grade concentrate will be stored in barrels and shipped to a refinery for final treatment.

 

The 75 tpd milling plant will be installed underground on the 130 metre level, a first in the Canadian mining industry, according to Rocmec’s research. Left-over sterile material will be used as backfill therefore no tailing pond will be needed. Rocmec has mandated Systeme Geostat International Inc. to prepare the required documentation to modify the authorisation certificate. The documentation will be filed with the appropriate government ministries within the coming weeks.

 

The results obtained with the thermal fragmentation mining method over the past months have led management to move forward with the plant acquisition. The success in controlling dilution and reducing operating costs by using the thermal fragmentation mining method will allow Rocmec to mine and treat, only the high-grade in-situ ore contained in the mineralised structures.

 

The treatment plant has been financed through debt financing with a group of private investors without any shares being issued by the company.

 

About Rocmec 1 property

 

The Rocmec 1 property includes 11 claims totaling 84 hectares and is located in Dasserat Township, some 35 km from two World-Class Mining Camps, the Rouyn-Noranda Copper Gold Camp to the SE in Quebec, and the Kirkland Lake / Larder Lake Gold Camp to the SW in Ontario.

 

The gold mineralization at the Rocmec 1 property is linked to east-northeast, centimetric and metric wide quartz veins, dipping moderately to steeply to the south, within a kilometric long by 600 meter wide gabbro to granodiorite intrusive host. There are at least six major vein systems identified on the property. The veins are part of diverging and converging, or anastomosing, fracture system than includes shearing, alteration (silica, chlorite, sericite, epidote and carbonate) and 2 to 10% disseminated and vein-type pyrite that can attain overall widths in excess of 30 metres.

 

A National Instrument 43-101 compliant report, providing technical data relating to the quantified mineral resources dated March 19, 2007, prepared by Syst�mes G�ostat International Inc. of Blainville, (Quebec) Canada is available on www.sedar.com.

 

About Rocmec Mining

 

Rocmec Mining Inc. is a Canadian junior exploration company actively involved in the acquisition, exploration and development of precious metal projects. The Company's exclusive thermal fragmentation process combined with its growth strategy positions it as the partner of choice for the development of narrow high-grade precious metal quartz vein projects. The Company’s shares are listed on the TSX-Venture (RMI) and the FSE (D5O) exchange.

 

 

“Thermal fragmentation - the way of the future for mining narrow high-grade veins”

 

 

Rocmec Mining's growth strategy is focused on developing quality assets that will significantly enhance shareholder value by using the thermal fragmentation method throughout the Americas to extract narrow vein ore bodies. By utilising the thermal fragmentation method in combination with conventional mining methods, the company aims to become a mid-tier gold producer. In addition, by providing service agreements, the company intends to generate additional revenue and accelerate the spread of this unique technology.

Please visit us on the web at www.rocmecmines.com

For further information, please contact


 

John Stella, Manager Investor Relations

(514)428-4185

Cell (514)718-7976

FAX (514)630-6989

jstella@rocmecmines.com

 

 

 

Statements in this release that are not historical facts are � forward-looking statements � within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these � forward-looking statements �. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

Rocmec Mining

PRODUCER
CODE : RMI.V
ISIN : CA7748324067
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Rocmec Mining is a gold producing company based in Canada.

Rocmec Mining holds various exploration projects in Canada and in Peru.

Its main asset in production is ROCMEC 1 (RUSSIAN KID) in Canada and its main exploration properties are GUILLET, RUSSIAN KID (EL COCO), MONTAUBAN and COURVILLE-MARUSKA in Canada and PUMA in Peru.

Rocmec Mining is listed in Canada. Its market capitalisation is CA$ 806 100 as of today (US$ 644 519, € 564 599).

Its stock quote reached its highest recent level on November 20, 2009 at CA$ 2.20, and its lowest recent point on August 11, 2022 at CA$ 0.02.

Rocmec Mining has 53 740 000 shares outstanding.

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Project news of Rocmec Mining
10/1/2009(Rocmec 1 (russian Kid))to unlock the potential of its Rocmec 1 property
1/21/2009(Rocmec 1 (russian Kid)) Progress at its Rocmec 1 Property
4/22/2008(Rocmec 1 (russian Kid))INTERCEPTES BOUCHER VEIN AND CUTS 132.21 G/T OVER 51 CM
3/12/2008ROCMEC STRIKES BOUCHER STRUCTURE FOR SEVENTH TIME AND INTERS...
12/18/2007(Puma)DUE DILIGENCE CONFIRMS EXTENSION OF NARROW HIGH GRADE VIEN S...
11/6/2007(Russian Kid (el Coco)) THIRD DIAMOND DRILL HOLE CONFIRMS SIGNIFICANT MINERALISED S...
10/30/2007 INTERSECTS 214 G/T GOLD OVER 2.4 M ON THE BOUCHER GOLD ZONE...
Corporate news of Rocmec Mining
5/26/2010TECHNOLOGIES PRESENTED ON THE INTERNATIONALE SCENE
3/18/2010TO TEST ITS THERMAL FRAGMENTATION MINING METHOD AT GO
10/20/2009ANNOUNCES REVENUES TOTALLING 1 MILLION FOR FISCAL 2009
8/18/2009to Commence Thermal Fragmentation Mining at Fresnillo's Cien...
8/11/2009PROVIDES UPDATE ON THERMAL FRAGMENTATION CONTRACT WITH GREAT...
5/21/2009 Signs MOU to operate and Option to acquire Rocmec 3 in Peru
12/16/2008INCREASES ITS FLEET OF THERMAL FRAGMENTATION UNITS
12/8/2008PROVIDES COMMISSIONG UPDATE OF ITS UNDERGROUND MILL AT ROCME...
11/4/2008OBTAINS ITS CERTIFICATE OF AUTHORISATION FOR ITS UNDERGROUND...
9/11/2008thermal fragmentation mining method enters the U.S. market
8/7/2008CUTS 20.3 G/T AU OVER 1.8 METRES AT ROCMEC 1
8/1/2008Releases a Video Demonstration of the Thermal Fragmentation ...
6/26/2008OBTAINS PATENTS FOR THERMAL FRAGMENTATION IN AUSTRALIA
5/27/2008CUTS 22.35 G/T OVER 1.2 METRES AT ROCMEC 1
5/13/2008 INTRODUCES THERMAL FRAGMENTATION PROCESS AT SYMPOSIUM HELD ...
4/30/2008 ACQUIRES MILLING PLANT FOR ITS ROCMEC 1 GOLD PROPERTY
4/8/2008 UPDATES PROGRESS ON PERUVIAN ACQUISITION PROJECT
2/28/2008 BEGINS A 1000 METRE DRILL CAMPAIGN IN PERU TO COMPLETE FINA...
12/11/2007DRILL CAMPAIGN CONTINUES INTERSECTING THE BOUCHER GOLD ZONE
11/20/2007 ANNOUNCES VERY POSITIVE RESULTS FROM ITS FIRST SAMPLING IN ...
11/13/2007 SELECTS AN OFFICIAL KUBOTA DISTRIBUTOR TO BUILD ITS THERMAL...
11/8/2007SIGNS OPTION TO ACQUIRE 6 NARROW VEIN GOLD CONCESSIONS IN PE...
10/4/2007French Government approval received
8/29/2007GROWING PROCESS IN MINING WORLD
6/27/2007Intercepts Several New Gold Structures at Rocmet 1 Property
6/8/2007Signs a Major Development Contract for the Rocmec 1 Property
6/2/2006Obtains a $2,000,000 gold loan
4/4/2006acceptance of Canadian patent
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