Press Release
Rocmec Mining inc. Symbols:
RMI: TSX-V
D5O: FSE
ROCMEC ANNOUNCES VERY POSITIVE RESULTS FROM ITS FIRST
SAMPLING IN PERU
Pointe-Claire, Quebec, November 20th, 2007
– Rocmec Mining inc. (the «Company», TSX-V Symbol: RMI - FSE Symbol: D5O)
is pleased to
announce results of the first sampling programme initiated on the Puma
property, located 80 km
from the city of Arequipa, Peru. The sampling is part of the due diligence
being conducted on the Puma property following a purchase option agreement
signed between the parties in November 2007 (see press release dated November 8th,
2007). Most of the samples were taken from the drifts, the others were taken
from surface and from the small on-site mill.
The samples were
collected under the direct supervision of Mr. Pierre C. Labreque, an
independent engineer-geologist. Mr. Labreque, knows this part of the world very
well, having been mandated by other mining companies in the past. The objective
was to systematically sample, over a length of 65 metres, the
mineralised veins located in the underground drifts. Samples from the veins,
hangwall and footwall were taken every 5 metres over the entire length.
The sampling work
conducted also revealed that the quartz veins contain an important quantity of hematite.
Management is very pleased with results obtained from the CIMM Peru S.A.
laboratory, located in Lima,
Peru.
|
Sample Number
|
Vein g/t Au
|
Hangingwall/footwall g/t
Au
|
|
Sample Number
|
Vein
g/t Au
|
Hangingwall/footwall g/t
Au
|
|
605
to 607
|
19.22
|
25.62 – 16.96
|
|
608
to 610
|
28.85
|
1.37 – 39.73
|
|
611
to 613
|
98.20
|
6.07 – 16.47
|
|
614
to 616
|
6.16
|
3.17 – 3.55
|
|
617
to 619
|
15.50
|
15.62 – 17.28
|
|
620
to 622
|
10.25
|
0.37 – 15.35
|
|
623
to 625
|
19.44
|
7.41 – 5.33
|
|
626
to 628
|
36.52
|
12.31 – 6.00
|
|
629
to 631
|
8.46
|
7.17 – 32.79
|
|
632
to 634
|
3.69
|
9.60 – 7.86
|
|
635
to 637
|
0.278
|
4.24 – 1.64
|
|
638
to 640
|
8.29
|
1.57 – 15.60
|
|
641
to 643
|
1.12
|
23.46 – 0.546
|
|
644
to 646
|
38.10
|
10.85 – 5.86
|
|
647
to 649
|
18.65
|
17.42 – 39.97
|
|
688
to 690
|
30.44
|
8.47 – 6.66
|
|
691
to 693
|
22.20
|
35.61 – 12.25
|
|
694
to 696
|
1.99
|
4.45 – 39.71
|
|
697
to 699
|
3.41
|
22.08 – 21.68
|
|
|
|
|
|
|
|
Mill
g/t Au
|
|
|
|
Tailings
g/t Au
|
|
601
to 604
|
|
49.38 - 23.51
4.19 - 52.16
|
|
651
to 651
|
|
7.31 – 15.82
|
In addition to the
sampling, the due diligence process currently underway also includes title
verification, systematic stripping and sampling of surface veins in order to
verify their gold potential close to underground excavation. Management will also
analyze the costs associated with the construction of a 100 tpd modular
treatment plant that would be located on-site or nearby. Additionally, subject
to the availability of a diamond drill, management plans on conducting diamond
drilling on the property before exercising its purchase option.
This news release has
been prepared and revised under the surveillance of Mr. Pierre C. Labreque, an independent engineer-geologist.
About the Puma property
The Puma property
contains 6 narrow vein gold concessions covering 1,700 hectares and
located approximately 80 km
from the city of Arequipa, Peru. One of the concessions is
currently in operation using small-scale traditional mining methods, producing
about 10 tonnes of very high grade ore daily. All the necessary mining services are
readily available and distance between the city and the properties is well
traveled by an access road that is used daily to transport ore and mining
materials to and from the site. Rocmec plans on developing the project with a
canadian partner, RSW-Beroma, who has been travelling extensively in Peru for the past three years especially in the Arequipa area evaluating
the best gold properties.
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 places 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. The company's
growth strategy is to focus on the development of quality assets that will
significantly enhance shareholder value.
« Thermal fragmentation - the way of the future for mining
narrow high-grade veins »
The
development and mining of narrow high-grade vein deposits with its exclusive
thermal fragmentation process should enable the Company to demonstrate the
economic plus-value of this technology. The acquisition, exploration and mining
development at the recently acquired Rocmec 1 (Russian Kid) property subscribe to this objective.
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
Paradox Investor Relations
866-460-0408
514-341-1527
(FAX)
infoparadox@qc.aira.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.