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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 RCTon Dec 17, 2013 9:44pm
121 Views
Post# 22016397

Grupo México, the world’s third largest copper producer

Grupo México, the world’s third largest copper producersaid it would maintain its current US$5bn Mexico investment programme for 2013 and 2014, but would reconsider after that. “We will be obliged to redirect our future investment programme of US$3.5bn for the coming years, which is primarily allocated to Mexico, and analyse opportunities in countries where investment conditions are more favourable, such as the US, Canada, Peru or Chile,” the company said in a statement.
Bullboard Posts

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