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Roca Mines Inc.

Publié le 29 juillet 2011

Reports Third Quarter Results

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ROCA Reports Third Quarter Results

 

Vancouver, British Columbia: Roca Mines Inc. (TSX-V: ROK) ("Roca" or "the Company") has released its financial results for the three and nine months ended May 31, 2011. All dollar amounts are stated in Canadian dollars unless otherwise indicated. The information in this news release and the selected financial information should be read in conjunction with the interim consolidated financial statements, and management discussion and analysis, for the period ended May 31, 2011, which will be available at Roca's website at www.rocamines.com.

During the nine months ended May 31, 2011, the Company recorded production revenues of $853,628 (2010 - $13,410,199) and a net loss of $3,269,580 (2010 - $1,884,872). In the current year, the MAX molybdenum mine and mill operated for only a small portion of the operating period (16 days) and incurred temporary shutdown and rehabilitation costs of $2,182,542 (2010 - Nil). The Max Molybdenum Mine has had a sustained shutdown due to instability that occurred in September of 2010. During the nine months ended May 31, 2011, crews conducted significant rehabilitation work at MAX along with geotechnical investigations to assess conditions and plan new mining activities.

Summary Consolidated Statements of Operations and Loss

 

Three months ended
May 31, 2011

Nine months ended
May 31, 2011

Total Revenues

-

853,628

Cost of sales

-

(1,149,057)

Depletion, amortization, accretion

(9,307)

(127,028)

Mining Loss

(9,307)

(422,457)

Temporary shutdown and rehabilitation costs

(736,954)

(2,182,542)

General & Administrative

246,035

841,881

Loss from Operations

(992,296)

(3,446,880)

Exchange gain (loss) and other income (loss)

(4,688)

177,300

Net Loss for the Year

(996,984)

(3,269,580)

Loss per Share -- Basic and Diluted

(0.01)

(0.03)

 

ROCA MINES INC.
"David Skerlec"
__________________________________________
David J. Skerlec - Chief Financial Officer



 

Roca Mines Inc.

EN DÉVELOPPEMENT
CODE : ROK.V
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Roca Mines est une société d’exploration minière d'or et de molybdène basée au Canada.

Roca Mines détient divers projets d'exploration au Canada.

Son principal projet en développement est MAX au Canada et ses principaux projets en exploration sont FOREMORE et SEAGOLD au Canada.

Roca Mines est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 37,0 millions CA$ (26,9 millions US$, 25,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 3,98 CA$, et son plus bas niveau récent le 24 août 2012 à 0,02 CA$.

Roca Mines possède 123 250 000 actions en circulation.

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Rapports annuels de Roca Mines Inc.
Reports Annual Results
2008 Annual report
Reports Annual Results
Financements de Roca Mines Inc.
10/05/2011Closes $2.5 million Financing
08/08/2007Closes Bought Deal Financing
Attributions d'options de Roca Mines Inc.
28/01/2010Amends Incentive Stock Options
21/08/2008Incentive Stock Options Granted
16/11/2007Incentive Stock Options Granted
Nominations de Roca Mines Inc.
07/09/2012Director and Officer Resignations
Rapports Financiers de Roca Mines Inc.
29/07/2011Reports Third Quarter Results
02/05/2011Reports Second Quarter Results
30/07/2010Reports Third Quarter Results
30/04/2010Reports Second Quarter Results
29/01/2010Reports First Quarter Results
30/07/2009Reports Third Quarter Results
Projets de Roca Mines Inc.
03/10/2011(Max)MAX Molybdenum Production to be Suspended
28/07/2011(Max)MAX Molybdenum Mill Restarts
11/07/2011(Max)- MAX Molybdenum Mine Schedule Update
29/04/2010(Max)MAX Molybdenum Mine Receives 1,000 tonnes/day Permit
14/04/2010Drilling Results At Nuevo / Once Bocas Target
02/04/2010(Max)Max Wins 2009 Bc Mining And Sustainability Award
27/11/2009(Max)Targets Increased Production and New Exploration at MAX
09/01/2009(Max)MAX Mine Restarts Ahead of Schedule
11/12/2008(Max)MAX Mine Rockfall Extends Maintenance Break
04/12/2008(Max)MAX Mill & Concentrator Christmas Shutdown
19/11/2008(Max)MAX Molybdenum Mine Production Review and Outlook
13/08/2008(Max)Drilling Intersects New Molybdenum Zone at MAX and Drilling ...
30/07/2008(Max)Drilling Intersects Significant Tungsten Mineralization Abov...
13/06/2008(Max)MAX Property Exploration Update
12/06/2008(Max)MAX Molybdenum Mine Production Update
17/04/2008(Max)MAX Molybdenum Mine Achieves Commercial Production
08/02/2008 MAX Molybdenum Drilling - Initial Results Confirm Deep Pote...
14/11/2007(Max)MAX Exploration Drilling Update
30/10/2007(Max) Production Commences at MAX Molybdenum Mine
11/09/2007(Max)MAX Molybdenum Mine Update
04/09/2007(Max)MAX Molybdenum Mine Construction Update
19/07/2007(Max)Molybdenum Exploration Drill Program Commences
11/07/2007(Max)MAX Molybdenum Mine Development Update
26/04/2007(Max)Molybdenum Mine Development Update
Communiqués de Presse de Roca Mines Inc.
06/11/2013Announces Delisting from TSX Venture Exchange
06/11/2013(Max)Discovery Ventures And Roca Mines Announce Entry Into Agreem...
10/10/2012Announces Trading Suspension
13/07/2012Announces Strategic Review
29/12/2011Reports Year End Results
03/08/2011(Max)MAX Molybdenum Mine Production Resumes
29/06/2011(Max)MAX Molybdenum Mine Production Schedule
28/04/2011(Max)MAX Molybdenum Mine Production Financing
23/07/2010 Termination of Nuevo Milenio Option
23/03/2010 Director Resignation
01/03/2010Positive initial drill results at Nuevo Milenio
11/09/2009Plans New Drilling Program at Nuevo Milenio Gold/Silver Proj...
27/07/2009Options Precious Metals Project in Mexico
16/02/2009Closes $2.435 Million Financing
27/01/2009Closes First Tranche of Financing
31/01/2009Team Presented with E.A. Scholz Award
17/01/2009Increases Financing
16/01/2009to Complete Working Capital Financing
08/07/2008Exploration Drilling Update
28/05/2008Notice of Intention to Make Normal Course Issuer Bid
11/12/2007Molybdenite Concentrate Shipments Commence
20/08/2007CLOSES OVER-ALLOTMENT OPTION
07/03/2007Closes $10 million Financing
28/02/2007Arranges MAX Molybdenum Project Expansion Financing
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TSX-V (ROK.V)Other OTC (ROCAF)
0,300-4.76%0,002+0.00%
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