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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 waynemerrick1on Nov 08, 2013 1:46am
141 Views
Post# 21887510

Power line to San Francisco Project update in report

Power line to San Francisco Project update in reportSan Francisco mine site (third mine) is 100 klm west of Mina Real. Hooked to the power grid should decrease costs. Well worth the infrastructure costs. And down the line although not mentioned by the company yet they could build option to build a second by that time. Not in the immediate plans though but they added more concessions here and have 10 more years to work the property. 

San Francisco Project

At Lluvia de Oro area, in the SE extreme of level 1600, the construction of the loader No. 4 was completed for the use small trucks to haul mineral to the surface.

The patio preparation was concluded and the development of the San Eduardo tunnel begun at 1485 elevation, to increase the mineralized material reserves in the Blocks LLO-10, LLO-11, LLO-15 and LLO-16, and to serve as ventilation and drainage of the upper levels and as main access road that will integrate all parallel systems in the "SISTEMA LLUVIA DE ORO-CHOLITA" for the medium-term.

CFE (Grid) authorization is received for the construction of the power line from Compostela to the operation areas of the Project. 



Bullboard Posts