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Bullboard - Stock Discussion Forum Vaaldiam Mining Inc VAALF

GREY:VAALF - Post Discussion

Vaaldiam Mining Inc > RCT.V Produces 722 oz Au, 66,202 oz Ag per quarter
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Post by timron1 on Jun 26, 2012 12:57am

RCT.V Produces 722 oz Au, 66,202 oz Ag per quarter

Rochester turned first quarterly profit 2 quarters ago with consistent gold and silver production. Institutionally held by Sprott, Mackenzie, U. S. Global, Libra, and TD. CEO whose company (Luisman) was swallowed by Wheaton River (became a director) then bought by Goldcorp (Then he took the role of Executive Vice President of Goldcorp from March 2005 to September 2007).resides at the Mexican operation. No financing required for over 2 years as company turned its first quarter profit self-sustaining from continuous quarter production of at least 700 ounces of gold per quarter and at least 50,000 ounces of silver.

Rochester V.RCT continues to improve and expand production from its multi mine locations with a market cap of only 6 million dollars. Mining operation assets more than double value of market cap alone.

https://www.stockhouse.com/Bullboards/SymbolList.aspx?s=RCT&t=LIST

To December to Feb 2012 on SEDAR

Tonnes Processed 19,340 Tonnes

Gold Grade 1.30 g/t

Silver Grade 191.85 g/t

Gold Recovery 89.69 %

Silver Recovery 55.50 %

Gold Produced 722 Ounces

Gold Sold 711.54 Ounces

Silver Produced 66,202 Ounces

Silver Sold 64,215.72 Ounces

Gold Equivalent Produced 1978 Ounces

Production heading in the right direction. Developed meters and samples have also increased.

RESULTS

Q1

Q2

Q3

Accumulated

Q4

(Jun-Aug 2011)

(Sep-Nov 2011)

(Dec-Feb 2012)

2011-2012

Up to Apr 15, 2012

Tonnes Processed

15,811 Tonnes

16,672 Tonnes

19,340 Tonnes

51,823 Tonnes

8,984 Tonnes

Gold Grade

1.10 g/t

1.47 g/t

1.30 g/t

1.29 g/t

1.40 g/t

Silver Grade

147.80 g/t

204.65 g/t

191.85 g/t

182.53 g/t

212.75 g/t

Gold Recovery

88.91%

91.31%

89.69%

90.08%

91.14%

Silver Recovery

57.83%

50.68%

55.50%

54.34%

60.14%

Gold Produced

496 Ounces

720Ounces

722 Ounces

1,938 Ounces

369 Ounces

Gold Sold

488.58 Ounces

709.66 Ounces

711.54 Ounces

1,909.78 Ounces

363.14 Ounces

Silver Produced

43,454 Ounces

55,589 Ounces

66,202 Ounces

165,245 Ounces

36,952 Ounces

Silver Sold

42,150.26 Ounces

53,921.70 Ounces

64,215.72 Ounces

160,287.68 Ounces

35,843.12 Ounces

Gold Equivalent Produced

1,515 Ounces

1,837 Ounces

1,978 Ounces

5,331 Ounces

1,091 Ounces

Developed Meters

1,102 Meters

1,075 Meters

1,928 Meters

4,105 Meters

934 Meters

Samples Taken

6,294 Samples

8,256 Samples

9,015 Samples

23,565 Samples

4,037

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