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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 Apr 12, 2013 12:49am
119 Views
Post# 21316540

Here is the 1.5 million payment for San Francisco

Here is the 1.5 million payment for San Francisco

From SEDAR

San Francisco Property

On October 20, 2010 the Company entered into an agreement under which it was granted an option to acquire a 100% interest in twelve concessions (the “San Francisco Property”) located approximately 100 kilometres west of the Company’s mill on the Mina Real Property. During the six months ended November 30, 2012 the Company acquired its 100% interest in the San Francisco Property by making a US $1,500,000 option payment.

Bullboard Posts