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Rochester Resources Ltd V.RCT

Alternate Symbol(s):  RCTFF

Rochester Resources Ltd. is a Canada-based company engaged in the exploration and development of its mineral property interests in Mexico. The Company holds a 100% interest in the Mina Real and San Francisco Properties, which are located in the state of Nayarit, Mexico, east of the state capital city of Tepic. In addition, the Company has an agreement to acquire a 70% interest in the Santa Fe Property. The Mina Real Property consists of 11 mining concessions and one mineral claim encompassing a total area of over 21,367.42 hectares (ha). The contiguous Santa Fe Property consists of one mining concession totaling approximately 3,852.66 ha. The San Francisco Property consists of 12 mining concessions encompassing over 18,125.05 ha. Its subsidiaries include ALB Holdings Ltd., Mina Real Mexico S.A. de C.V. and Compania Minera Santa Fe S.A. de C.V.


TSXV:RCT - Post by User

Bullboard Posts
Post by denj681on Oct 05, 2012 3:15pm
171 Views
Post# 20454198

Activity Santa Fe Project

Activity Santa Fe Project

Santa Fe Project

Construction has commenced on the road to the Mina Grande zone in the area of Santa Fe. Through July 31, 2012 the road had advanced 2.9km and headed into the zone of interest. A total of 80 samples were taken from the site with average grades of 2 g/t Au and 270 g/t Ag. The goal is to access to 10,000 tons approximately of mineralized material with average grades of 1.54 g/t Au and 220 g/t Ag. Also, to start detail exploration works and development work in the already known veins.

During the road construction, two new veins were located and the sampling showed average grades of up to 4.0 g/t Au and 130 g/t Ag over a width of 1m.

Bullboard Posts