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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 fdjens1on Feb 27, 2014 9:00am
78 Views
Post# 22257739

One mill expansion project completed to date

One mill expansion project completed to date And completed with production revenue. From the Q2 report:

The work to install the induction furnaces and related hydraulic and electronic equipment has now been completed and work on the vault to store dore production was also completed. There are some additional civil works pending completion and it is expected that in late February 2014 the Company will be able to commence testing of this new production process.

The capital projects are installation of refurbished 10` by 10` ball mill, construction of a new 60` by 12` thickener tank and installation of furnaces and related infrastructure to produce dore bars as opposed to precipitate.

Bullboard Posts