250 tpd gold concentrating millPointe-Claire, Quebec, September 6th, 2006– Rocmec Mining Inc. (TSXV:RMI) and Consolidated Big Valley Resources (TSXV:CBG.H) are pleased to announce that start-up operations are on schedule and a first gold button was poured at their jointly owned 250 tpd gold concentrating mill located in Granada, south of Rouyn-Noranda, Quebec.
The first gold pour from ore which was stockpiled on surface from previous operators took place on August 31st, 2006 produced a gold button weighing 5.7 kilograms (123 troy ounces) with an estimated gold purity of 70 per cent.
As mill start-up operations continue, the average mill throughput is currently 10 tonnes per hour. The operators will continue to evaluate the overall performance of the mill and will make process changes and upgrades to maximize overall throughput and recovery
The mill is located in close proximity to Rocmec’s Rocmec I (Russian Kid) gold property and is equipped with the Merrill Crowe system, a direct cyanidation process with gold precipitation. The mill will be used primarily to process the mineralised ore extracted from the Rocmec I (Russian Kid) property.
Subject to the approval of TSX Venture Exchange, Rocmec also informs that it has closed the last tranche of the gold loan previously announced by way of a press release dated June 1st, 2006. The company received $500,000, bringing the total to $2,000,000 of the gold loan financing. A cash commission totalling 10% was paid.
Rocmec’s growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. Exploitation of narrow high-grade precious metal quartz veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer. The acquisition, development and future exploitation activities at the recently acquired Rocmec I (Russian Kid) property are an excellent example of this strategy.
Rocmec Mining Corporation 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
For additional information, contact:
Mr. Donald Brisebois Mr. John Stella
President & CEO Investor relations Manager
Telephone (514) 428-4185 (514) 428-4185
Télécopie (514) 630-6989 (514) 630-6989
Cell (514) 718-7976
Email: dbrisebois@rocmecmines.com Email: jstella@rocmecmines.com
Web: https://www.rocmecmines.com/