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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 Dec 18, 2013 1:34am
78 Views
Post# 22016766

Exploration activities

Exploration activities

The Company has exploration programs ongoing at Mina Real to identify future mill feed for operations.

At the Tajos Cuates Mine area, during Q1 development work was focussed at the Hundido and Chalata levels. The work programs have concentrated on developing various veins via cross cuts. At the Florida NW Mine area work was ongoing. The Company has developed an open-pit mining method which avoids issues with ground conditions when working underground.

At the San Francisco Project area work was ongoing on the development of exploration ramps and working faces. The work continued with its focus on the Lluvia de Oro area and at the Agua Negra area.

Subsequent to the clean-up of the old dump material exploration activities at Santa Fe was on hold during Q1. The Company has continued with the process to obtain permits for a powder magazine at Santa Fe.

During Q1 exploration work resumed in the Macedo Mine area with development of cross cuts and working faces. The work has been able to identify future mill feed.



Bullboard Posts