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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 Jun 13, 2013 3:27am
154 Views
Post# 21519133

10 year agreements extended Community Relations

10 year agreements extended Community Relations

Also an increase of land position at San Francisco by 50 has more. CEO continues accumulating land holdings

Community Relations

Highlights of the relations with the communities during Q3 were:

? Compostela - the community authorized the extension of agreement for temporary occupation for ten years and to increase the current area to 50 Has.

? Miravalles - the community authorized the extension of agreement for temporary occupation for ten years and to increase the current area to 50 Has for the San Francisco Project.

? Los Fortines - the community authorized the rehabilitation of the roads to connect the operative areas of San Francisco Project to reduce the hauling distance by 30%.

? San Pedro Lagunillas - authorization is requested for the right of way for the new road.

Bullboard Posts