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Re: News Releases - Monday, December 10, 2007
ROCA -- Molybdenite Concentrate Shipments Commence
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Vancouver, British Columbia: Roca Mines Inc. (ROK: TSX-V) ("Roca" or
"the Company") announces that shipments of molybdenite concentrates
have recently commenced from its MAX Molybdenum mine, located 60
kilometres southeast of Revelstoke, British Columbia.
To date, shipments totaling 37,800 lbs. of contained molybdenum have
been purchased by Derek Raphael and Co., a UK-based molybdenite
concentrate trading company, through its North American representative,
W.G. Cook Ltd. Payment for these shipments has also commenced to the
Company's account.
Mill and concentrator operations at MAX are ramping up to capacity with
the processing of stockpiled development material located adjacent to
the mill facility. Once process optimization is completed, operations
will continue utilizing direct feed ore-grade material from the
underground mine. To date, the mill has attained approximately 94%
availability. The concentrator has achieved recoveries up to 96.5%,
with average recoveries through startup of approximately 85% from the
stockpiled material.
The permitted PHASE I mine plan for MAX will focus on the deposit's
high-grade zone containing 280,000 measured and indicated tonnes
grading 1.95% MoS2 (refer to T.N. Macauley's 43-101 compliant technical
report dated September 2004 available via SEDAR). Molybdenum currently
trades in the US$32-33/lb. range.
ROCA MINES INC.
"David Skerlec"
David J. Skerlec -- Chief Financial Officer
For further information contact:
Doug Fosbrooke
Investor Relations
Tel: 604-684-2900
Fax: 604-684-2902
Email: info@rocamines.com
Web: www.rocamines.com
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
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Copyright (c) 2007 ROCA MINES INC. (ROK) All rights reserved. For
more information visit our website at http://www.rocamines.com/ or send
mailto:info@rocamines.com
Message sent on Tue Dec 11, 2007 at 5:35:48 AM Pacific Time
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