Rocmec Mining

Published : August 11th, 2009

PROVIDES UPDATE ON THERMAL FRAGMENTATION CONTRACT WITH GREAT BASIN GOLD - NEVADA

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Keywords :   Fixed | Gold | Gold Producer | Growth | Lead | Market |

Press Release

Rocmec Mining Inc.                                                                       Symbol: RMI: TSX-V

 

Thermal fragmentation.mining ounces not TONNES!

 

ROCMEC PROVIDES UPDATE ON THERMAL FRAGMENTATION CONTRACT WITH GREAT BASIN GOLD - NEVADA

 

Vaudreuil-Dorion, Qu�bec, August 11th, 2009 - Rocmec Mining Inc. (the "Company") (TSX-V: RMI) is pleased to provide an update on its thermal fragmentation mining process employed by Great Basin Gold (TSX: GBG) at its Hollister mine located in Nevada.

 

A first stope at Hollister was successfully fragmented in November 2008, following which an open contract was concluded and thermal fragmentation operations restarted in June of this year.

 

The contract in itself is an important milestone for Rocmec as it will generate recurrent revenues for the Company. The revenue structure for this contract is based on sharing the savings obtained with the thermal fragmentation mining process versus the mining methods currently employed. Rocmec receives a fixed price per linear foot mined and the contract also includes a clause for a minimum monthly payment, if the situation arises.

 

For this contract, Rocmec is employing its new model of thermal fragmentation units dubbed the "mini-dragon" specifically designed to operate in very narrow drifts with widths of 1.3 metres. The Hollister mine's management responsibilities include sub-level development, mining services, mucking and milling, whereas, Rocmec is focussed on fragmenting the mineralised corridors from within the sub-levels. Each stope is roughly 45 metres long 15 metres high with average widths of 0.50 metres.

 

For the client, the advantages of employing Rocmec's thermal fragmentation mining process are numerous: significant reduction in mining waste rock, enhances operational safety, improved productivity and reduction in mucking, transportation, milling and backfill costs.

 

To date, Rocmec is very satisfied with the progress and results obtained. The successful deployment has generated significant interest in Nevada and surrounding areas representing new business opportunities for Rocmec's exclusive and patented thermal fragmentation mining process.

 

About Rocmec

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 place it as the partner of choice for the development of narrow high-grade precious metal quartz vein properties. The Company is listed on the TSX Venture Exchange and trades under the symbol: RMI

 

Rocmec's growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. Exploitation of narrow high-grade precious metal quartz veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer. The acquisition, development and future exploitation activities the company's Rocmec I property are an excellent example of this strategy.

 

Thermal fragmentation.mining ounces not TONNES!

 

The Thermal Fragmentation Mining Method video can be viewed on Rocmec's website or by clicking the following link:

http://www.rocmecmines.com/video_an.asp

 

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

 

For additional information, contact:

 

Mr. Donald Brisebois                                                  Mr. John Stella

President & CEO                                                         Investor relations Manager

Telephone         (450) 510-4442                                     (450) 510-4442                           

T�l�copie          (450) 510-9901                                      (450) 510-9901

Cell                                                                             (514) 718-7976

Email: dbrisebois@rocmecmines.com                           Email: jstella@rocmecmines.com

Web: http://www.rocmecmines.com/

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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 19, 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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