Rocmec Mining

Published : November 20th, 2007

ANNOUNCES VERY POSITIVE RESULTS FROM ITS FIRST SAMPLING IN PERU

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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.

 

 

 

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$ 537 400 as of today (US$ 429 679, € 376 399).

Its stock quote reached its highest recent level on November 20, 2009 at CA$ 2.20, and its lowest recent point on September 23, 2022 at CA$ 0.01.

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
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10/20/2009ANNOUNCES REVENUES TOTALLING 1 MILLION FOR FISCAL 2009
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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
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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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