ROCMEC MINING INC.
(TSX-V SYMBOL: RMI)
1, Holiday Ave., Suite 501, East Tower
Pointe-Claire (Quebec)
H9R 5N3
NEWS RELEASE
ROCMEC RELEASES NI 43-101 RESOURCE ESTIMATE FOR ITS ROCMEC 1 (RUSSIAN
KID) PROPERTY, CONFIRMS SIGNIFICANT UPSIDE POTENTIAL
Pointe-Claire,
Quebec, March 20, 2007 – Rocmec Mining inc.
(the �Company�, TSX-V Symbol: RMI) is pleased to release the
National Instrument (NI) 43-101 compliant resource estimate for the
Company’s Rocmec 1 (Russian Kid) Property,
located 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.
Syst�me G�ostat International of Blainville
(Quebec) has
authorized Rocmec to release results of its mineral
resources. The undiluted and in-situ resource estimate within the ore zones is
summarized as follows:
TONNAGE-GRADE VARIATIONS BASED
ON TWO CUT-OFF GRADES*
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MEASURED
CATEGORY
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INDICATED
CATEGORY
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INFERRED
CATEGORY
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Cut-off
Grade
(g/t)
|
Tonnes
|
Grade
(g/t
gold)
|
Ounces
|
Tonnes
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Grade
(g/t
gold)
|
Ounces
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|
Tonnes
|
Grade
(g/t
gold)
|
Ounces
|
3.0
|
91 600
|
6.72
|
19 800
|
274 200
|
6.37
|
56 100
|
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955 200
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10.37
|
318 450
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0.1
|
107 800
|
6.06
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21 000
|
414 000
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4.92
|
65 550
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2
250 000
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6.32
|
456 900
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*
Calculations are in metric units with results were rounded to reflect their
true estimated nature. Mineral Resources are not Mineral Reserves, since
Mineral Reserves have a demonstrable economic viability. Syst�me
G�ostat International Inc. has verified and is not
aware of any environmental, permitting, legal, claim title, taxation,
socio-political, marketing or other constraints that could affect the resource
estimate.
Mr. Jean Lafleur,
Director and Technical Advisor at Rocmec
states � After just over one year of exploration and development work, the
Company is extremely proud to now have National instrument 43-101 Mineral
Resources at our Rocmec 1 property. The resources now
stand at 86,550 ounces
in the Measured and Indicated category and an additional 456,900 ounces in
the Inferred category �. Mr. Lafleur adds � There is
also a significant opportunity to expand the resources based on the
kilometric-long gold corridor on the property �.
Mineral
Resources Parameters
The
Qualified Person responsible for the resource estimate is Mr. Claude Duplessis, P. Eng., of Syst�me G�ostat International Inc. The gold mineral resources were
estimated on regular blocks on longitudinal sections by the inverse of distance
method. The gold zones are Front West, McDowell, Talus, Shaft, Boucher and
Boucher 2. The average true widths of the gold zones vary from 0.61 meters to 2.32 meters. High grade
capping was done on the raw data and established at 45 g/t gold. Gold values
were assigned to computer generated blocks (5 meters in Easting by 5 meters in Elevation by
variable thickness in meters in Northing) using a maximum of 8 composite
samples calculated from gold assay data sets of all drill holes individually in
each of the mineralized zones. A grade times thickness approach was used for
the accurate estimation of gold grades per blocks. Intersections were
calculated on cross-sections and were projected on a East-West vertical
projection. The longitudinal perimeters were constrained by the surface
topography and the presence of intercepts laterally and at depth. The
resource estimate was calculated using a specific gravity of 2.70 g/cm3. The
known mineralization now lies from surface to a vertical depth of 400 meters and was
delineated over a strike length of approximately 1.66 kilometers
and individual widths of up to 4.10 meters. The complete National Instrument
43-101 Technical Report from Syst�mes G�ostat International Inc. will be posted shortly on SEDAR
(at www.sedar.com)
under Rocmec Mining Corporation Inc.
The gold
mineralization at the Rocmec 1 (Russian Kid) 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; however recent underground work by the
Company has confirmed that several veins are likely part of the same system,
simply offset by north trending faults. The veins are part of diverging /
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 meters.
The best
known vein system is termed the McDowell Zone that may include three different
vein sets, and has been recognized over a 1,660 meter long strike
length, to a 317 meter
depth, carrying an average of 6.07 g/t gold capped at 45 g/t over a 0.82 meter horizontal
width.
The Company
is planning an extensive drill program later in 2007 to test the down-dip
extensions of all the mineralization zones to the -400 m vertical depth, and
to outline higher quality gold resources more in-line with other gold systems
in the Gold Mining Camps of the region.
ON
BEHALF OF THE BOARD OF DIRECTORS
“Donald Brisebois”
DONALD BRISEBOIS, PRESIDENT AND DIRECTOR
About Rocmec Mining Inc.
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
The company’s growth strategy
is to focus on the development of quality assets that will significantly
enhance shareholder value. The exploitation 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,
development and future exploitation activities at the recently acquired Rocmec I (Russian Kid) property subscribe to this objective.
This news
release has been prepared and revised under the supervision of Mr. Jean Lafleur,
P. Geo., Director and Technical Advisor of the Company.
Please visit
us on the web at www.rocmecmines.com
For
further information, please contact: John Stella, Investors relations Manager,
(514)428-4185,
cell (514) 718-7976, FAX: (514)630-6989, email jstella@rocmecmines.com or
Paradox Investor Relations, (866) 460-0408,
FAX:
(514) 341-1527 or by email infoparadox@qc.aira.com