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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 1:35am
68 Views
Post# 22016769

Q1 Drifting (developed meters)

Q1 Drifting (developed meters)

A total of 949 meters were developed during Q1 and an additional 391 meters for the month of September 2013. The allocation amongst project areas is as follows:

Area June 2013
(meters)
July 2013
(meters)
August 2013
(meters)
Total for Q1
(meters)
% Sept. 2013
(metres)
%
Tajos Cuates 129 113 100 342 36% 162 47%
Florida NW Project 0 0 0 0 0% 0 0%
Florida SE Project 0 0 0 0 0% 0 0%
Macedo Project 0 14 124 147 81% 81 1%
El Gringo Project 0 0 0 0 0% 0 0%
San Francisco Project 175 161 12 460 48% 148 51%
TOTAL DRIFTING 313 288 348 949 100% 391 100%

Distribution of development during Q1 and the month of September 2013 by activity is as follows:

Type of Drifting June 2013
(meters)
July 2013
(meters)
August 2013
(meters)
Total for Q1
(meters)
% Sept. 2013
(metres)
%
Exploration 165 118 171 454 48% 183 52%
Preparation 72 57 89 218 23% 79 20%
Projects and infrastructure 76 113 88 277 29% 129 28%
TOTAL DRIFTING 313 288 348 949 100% 391 100%

Of the development work completed during Q1 a total of 80% was on exploration and infrastructure



Bullboard Posts