Rocmec Mining

Published : June 08th, 2007

Signs a Major Development Contract for the Rocmec 1 Property

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Press Release

Rocmec Mining inc.                                                                                                    Symbols: RMI: TSX-V

                                                                                                                                                   D5O: FSE

 

 

Thermal fragmentation….the way of the future for mining narrow high-grade precious metal vein deposits

 

 

ROCMEC SIGNS A MAJOR DEVELOPMENT CONTRACT FOR THE ROCMEC 1 PROPERTY

 

 

Pointe-Claire, Quebec – June 7th, 2007: Rocmec Mining inc. (TSX-V: RMI) (FSE: D5O) is pleased to announce that it has signed a major development contract for the Rocmec 1 property with Dumas Contracting Inc.(Dumas) from Timmins, Ontario.

 

The contract stipulates that a minimum of 190 metres of drifting per month will be driven with state of the art equipment. Dumas has committed to conduct the drifting by first extracting the mineralised structure, reducing dilution to the strict minimum, thereafter extracting the waste rock. Costs will be paid on a per metre basis. Furthermore, Dumas has also been mandated to drill the pilot holes with an ITH (in the hole) drill. Once again, costs will be paid on a per metre basis. Pilot holes are the last step in preparatory work before thermal fragmentation.

 

With this new contract Rocmec will accelerate its development within known zones and also increase its geological understanding of other lesser known vein structures that were recently intercepted by our ongoing underground diamond drilling programme. Dumas is very familiar with mine development both in Quebec and Ontario, they employ over 1,000 employees. Onsite mobilization of the mining equipment for the new contract should be completed within the coming weeks.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

“Donald Brisebois

 

DONALD BRISEBOIS, PRESIDENT AND DIRECTOR

 

About Rocmec 1 property

 

The Rocmec 1 property includes 11 claims totaling an area equivalent to approximately 84 hectares and is located in the Dasserat Township, some 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.

 

The gold mineralization at the Rocmec 1 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.

 

A NI43-101 compliant report, providing technical data relating to the quantified mineral resources dated March 19th, 2007, prepared by Syst�mes G�ostat International Inc. of Blainville, Quebec, Canada (�SGII�) is available on www.sedar.com.

 

 

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. 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.

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

 

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

 

 

 

FORWARD-LOOKING STATEMENTS -- This press release contains forward-looking statements reflecting Rocmec’s objectives, estimates, expectations and the impact of acquisitions on Rocmec’s financial performance. These statements are identified by the use of verbs such as "believe", "anticipate", "estimate", and "expect" as well as by the use of future or conditional tenses. By their very nature, these types of statements involve risks and uncertainty. Consequently, reality may differ materially from Rocmec’s projections or expectations.

 

 

 

 

 

 

 

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
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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