RE:RE:RE:RE:Operations value $19.7 mil / Market cap $4.7 mil Back in
2010 Rochester Resources closed an over 12.4 million dollar pp. With two main goals, 1) to increase production and cash flow and 2) generate a significant NI 43-101.
The company never released an NI 43-101. In fact they stopped drilling after some of the drill results came in.
This is why saying Rochester has lots of silver and gold veins means squat. We need to seem the numbers. When the past drill program was starting up, Rochester was expecting Florida NW to have an average grade of 9 g/t gold and 250 g/t silver.
Below are the results
Twelve diamond drill holes have been completed on the Florida NW Vein.
Significant intersections are as follows:
Hole From To Interval Gold Silver
m m m g/t g/t
FLNW01-10 45.61 46.19 0.78 1.78 18.0
FLNW02-10 No Significant Assay
FLNW03-10 110.60 111.60 1.00 0.96 33.0
FLNW04-10 48.33 49.09 0.76 0.80 less than 10
FLNW05-10 No Significant Assay
FLNW06-10 72.01 72.69 0.68 0.88 31.5
FLNW07-10 76.45 76.98 0.53 1.56 12.0
FLNW08-10 No Significant Assays
FLNW09-10 87.47 87.95 0.48 8.18 99.0
133.35 134.00 0.65 1.43 37.0
FLNW10-10 59.37 62.92 3.55 2.72 222.0
75.10 76.50 1.40 1.61 97.6
FLNW11-10 65.35 67.46 2.11 1.70 233.0
FLNW11A-10 95.76 97.04 1.28 1.12 36.0
Cautionary Note
Certain statements contained in stockhouse member RCT's writings about Rochester Resources past or future financial or operating performance, resource estimates, capital and operating expenditures, and other statements may prove to be incorrect. Stockhouse member RCT does not accept responsibility for the adequacy or accuracy of his stochouse bullboard posts. Readers are cautioned of any statements.