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.
