Rochester Resources,die neue Silberrakete!!
--button_text--
interessant
|
witzig
|
gut analysiert
|
informativ
|
0
0
hallo!
Vielleicht hilfreich, deutsche Firmenvorstellun: http://www.rochester-resources.de
...ist mir eben aufgefallen..
Die Kursentwicklung generell bei Minenaktien ist zum weinen. Aber hier ist wieder ein Fall einer Mine die durch Börsebriefe gepusht wurde. Aber die Bodenbildung sollte nun doch langsam durch sein..
Optionen
Antwort einfügen |
Boardmail an "siegia" |
Wertpapier:
Rochester Resources
|
0
Der Kurs fällt und fällt. Jede Woche neues Allzeittief. 0 Boden zu sehen.
Ich hab allmählich den Eindruck, je mehr hier gepuscht wird, desto MEHR fällt der Kurs.
Gilt nicht nur für Rochester, sondern für alle Explorer.
Fazit: wer nicht schon seit Monaten RAUS ist, versteht nichts von Börse. Ich habe meine Kriegskasse gefüllt und steigt noch lange nicht ein.
Optionen
0
0
Heute -18%.
Woche für Woche neues Allzeittief.
Na los andrebest u.a.:
WO BLEIBT DIE NEUSTE SUPER-NEWS über die neuesten Bohrungen??
Alles klar. Das Geld ist umverteilt, jetzt sind nur noch die dummen Kleinanleger drin, oder etwa nicht?
Die einzige Frage ist ob das Kapital, welches seit Monaten rausgegangen ist, nochmal wiederkehrt.
Optionen
0
Wär super, wenn die deutschen Grossanleger raus sind, dann sollte das Allzeittief jetzt nicht weiter unterboten werden, zumindest nicht wesentlich.
Solange in Kanada der Kurs zwischen 0,52 und 0,60 schwankt, halt ich hier ein weiteres Absinken für Untertrieben.
Jedem seine eigene Meinung - es bestehen hier auf diesem Niveau ganz sicher auch sehr gute Chancen - ein Totalverlust ist natürlich auch drinne, darum ne kleine Position denk ich, ist nicht allzu schlecht.
Optionen
Antwort einfügen |
Boardmail an "js111" |
Wertpapier:
Rochester Resources
|
1
Rochester Resources Reports on Gold and Silver Recovery Circuit, Arranges US $940,000 Board of Director Loan at 30% Premium to Market, and Arranges for CDN $1M Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 25, 2008) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) (the "Company") is pleased to announce that testing has been completed by representatives of the Falcon centrifugal gravimetric concentrator (the "Falcon") at the Mina Real milling facility. After a series of tests, results were considered positive. Currently, gold recoveries are 92% and silver recoveries remain in the 40+% range. The Falcon system recovered up to 70% of the 8% of the gold not currently being recovered and increased total silver recoveries by up to 40%. At an industrial production level it is anticipated that total gold recovery rates will be in the 95-97% range, and silver recoveries will be in the 70-80% range. The Company will integrate the Falcon into the mill over the next 10 days and anticipate it to be fully operational by the first week of October, 2008; this significant milestone will increase recoveries from milling operations and contribute to reducing operating costs per ounce produced.
Dr. Alfredo Parra, the Company's President, commented, "The results received from the Falcon were very welcome in that the final outcome met our expectations after a thorough and extensive review of several potential recovery processes. We view the implementation of the Falcon as an integral step before increasing production levels to 300 tpd and we believe this to currently be the best alternative for achieving our goal of increased gold and silver recoveries. Plant infrastructure is now in place for the upgrade to 300 tpd, operational processes are being refined, and we are building towards a mine plan that will position the Company for long-term sustainable mining at increased production levels from the current levels we are producing today."
Secondly, all board of director members have committed to participate to loan the company US $940,000 by way of unsecured convertible debentures with a conversion price of $0.75 per unit (each a "Unit"). The board of directors believes the Company is significantly undervalued and has therefore set the conversion price at a premium to today's market price to demonstrate its commitment to the Company, the project and most importantly to its shareholders. The cash infusion will assist the Company to continue working towards a business model based on strong positive cash flow that will be re-invested from production back into exploration and development work. The maturity date of the debentures will be December 31, 2010 and the debentures will bear interest at a rate of 1% per month. The debentures are convertible at the election of the holders into Units with each Unit being comprised of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.75 per share until December 31, 2010.
Thirdly, the Company has also engaged Canaccord Capital Corporation ("Canaccord") to act as agent to sell, on a best-efforts basis by way of a private placement (the "Private Placement"), up to 2,000,000 units (each a "PP Unit") at a purchase price of $0.50 per PP Unit for gross proceeds to the Company of up to CDN $1,000,000. Each PP Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a "PP Warrant"). Each PP Warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of 24 months from the closing of the Private Placement (the "Closing") at an exercise price of $0.75 per share. Upon the Closing, the Company will pay Canaccord a commission of 8% of the gross proceeds raised under the Private Placement, payable in cash or in units under the same terms as the PP Units sold under the Private Placement, except that the common share purchase warrants comprising part of the units issued to Canaccord will not be transferable. The Agents will also be paid Agents Warrants equal to 8% of the securities sold under the Offering; each Agents Warrant shall be exercisable for a period of 24 months at the offering price. Proceeds of the financing will be used to continue exploration and development activities on the Company's Florida 4 vein systems on its Mina Real property with the goal of building a long-term mine plan at sustained higher production levels. Funds from the Private Placement will also be allocated to increased costs recently incurred at the Mina Real mill site, and for general working capital.
Dr. Alfredo Parra said, "These additional funds will assist us in expanding and accelerating our development work program at the Florida 4 vein system and to pay for the new upgraded requirements to the tailings area of the project. This unexpected and significant additional cost to upgrade our tailings area was just recently required by the regulatory authority, SEMARNAT and may require additional funds in the coming months. We anticipate the increase and acceleration of development work at Florida 4 will allow the Company to produce the required tonnage to increase production levels to 300 tpd while simultaneously maintaining accurate grade control. We expect that the increase to 300 tpd combined with accelerated development of the Florida 4 vein system and other areas will generate positive cash flow. This cash flow can then be reinvested into further exploration and development work at the Company's Mina Real and Santa Fe properties allowing the Company to fully develop the potential of its projects, and continue its business plan of increasing production levels beyond current and planned levels."
Dr. Parra is currently the Company's in-house Qualified Person, within the meaning of National Instrument 43-101, and has reviewed the contents of this press release for its accuracy.
About Rochester Resources Ltd.:
Rochester represents a pure-play in the exploration, development and production of high-grade gold and silver properties located in Nayarit, Mexico. The Company is a niche player in Mexico which has assembled an attractive portfolio of properties in the Sierra Madre Occidental Range. This is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits.
Rochester is well positioned to advance its projects and can very quickly become a significant player in Mexico. Rochester has a strong senior management team based in Mexico, and a workforce in place to advance its projects through to mine development.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, President and CEO
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
Empire Communications Inc.
Investor Information Contact
(604) 484-0066
Email: info@rochesterresources.com
Website: www.rochesterresources.com
Click here to see all recent news from this company
Optionen
1
25. August 2008
Rochester Resources berichten über die Gold- und Silbergewinnungsanlage, arrangiert mit den Vorstandsmitgliedern einen Kredit über 940,000 USD und arrangiert eine Privatplatzierung über 1 Mio. CAD
Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) (das "Unternehmen") ist erfreut, bekannt geben zu können, dass die Testreihen durch Vertreter des Falcon Zentrifugal-Konzentrators (?Falcon?) in Mina Real abgeschlossen wurden. Nach einer Reihe von Tests erachtet man die Ergebnisse als positiv. Im Moment liegen die Gewinnungsraten von Gold bei 92 % und die von Silber verbleiben im Bereich von 40+ %. Das Falcon System gewann 70 % der 8 % des im Moment nicht gewonnenen Goldes und erhöhte die Gewinnungsrate bei Silber auf bis zu 40 %. Bei einem kommerziellen Produktionslevel werden die Gewinnungsraten von Gold zwischen 95 und 97 % und die von Silber zwischen 70 und 80 % betragen. Das Unternehmen wird das Falcon System innerhalb der nächsten 10 Tage integrieren und erwartet, dass dieses in der ersten Oktoberwoche in vollem Einsatz sein wird; dann werden sich die Gewinnungsraten erhöhen und die operativen Kosten je Unze sinken.
Dr. Alfredo Parra, der Präsident des Unternehmens kommentiert, "Die Resultate der Tests sind uns sehr willkommen, da sie unsere Erwartungen nach exzessiver Prüfung verschiedener Gewinnungsprozesse letztlich erfüllen. Wir betrachten die Integration des Falcon Systems als integralen Schritt bevor wir die Produktion auf 300 t/Tag erhöhen und wir glauben, dass dies im Moment die beste Alternative darstellt, unser Ziel, die Gewinnungsraten von Gold und Silber zu erhöhen, erreichen zu können. Die Infrastruktur für eine Erhöhung der Produktion auf 300 t/Tag ist nun vorhanden, die operativen Prozesse wurden verfeinert und wir konzentrieren uns nun darauf, einen Plan zu erstellen, welcher es dem Unternehmen erlaubt, langfristig und nachhaltig Bergbau zu betreiben und zwar auf einem Niveau, welches höher liegt, als es heute der Fall ist.?
Zweitens haben alle Vorstandsmitglieder zugestimmt, dem Unternehmen 940,000 USD mittels einer nicht besicherten Wandelanleihe, welche zu einem Preis von je 0,75 $ je Einheit (die ?Einheit?) ausgeübt werden kann. Der Vorstand glaubt, dass das Unternehmen signifikant unterbewertet ist und hat den Ausübungspreis der Wandelanleihe deshalb mit einem Aufschlag auf den heutigen Börsenkurs festgesetzt um den Glauben an das Unternehmen, das Projekt und vor allem an seine Aktionäre zu demonstrieren. Diese Kapitalspritze wird dem Unternehmen dabei helfen, sein Geschäftsmodell, basierend auf hohem Cash-Flow, welcher in die Exploration und Entwicklung des Projekts re-investiert werden kann, weiter fortzuführen. Die Wandelanleihe hat eine Laufzeit bis 31. Dezember 2010 und der monatliche Zinssatz beträgt 1 %. Je nach Verlangen kann die Wandelanleihe in Einheiten umgewandelt werden, wobei jede Einheit aus einer Stammaktie des Unternehmens und einem halben Warrant besteht. Jeder volle Warrant wird seinen Halter dazu ermächtigen, eine weitere Stammaktie des Unternehmens zu einem Preis von je 0,75 $ bis 31. Dezember 2008 zu erwerben.
Drittens hat das Unternehmen Canaccord Capital Corporation (?Canaccord?) dazu ernannt, eine Privatplatzierung von bis zu 2 Mio. Einheiten zu einem Ausübungspreis von je 0,50 CAD je Einheit zu arrangieren, was dem Unternehmen Bruttoerlöse von bis zu 1 Mio. CAD einbringen wird. Jede Einheit dieser Privatplatzierung wird aus einer Stammaktie des Unternehmens und einem halben Warrant bestehen. Jeder volle Warrant wird seinen Halter ermächtigen, über einen Zeitraum von 24 Monaten nach Abschluss der Privatplatzierung eine weitere Stammaktie des Unternehmens zu einem Preis von je 0,75 CAD zu erwerben. Nach Abschluss der Platzierung wird das Unternehmen an Canaccord eine Kommission in Höhe von 8 % der Brutterlöse bezahlen; dies kann entweder in bar oder mittels Einheiten mit den selben Bedingungen wie bei der Privatplatzierung, mit der Ausnahme, dass die Warrants, welche an Canaccord ausgegeben werden, nicht übertragbar sind. Die Agenten werden zudem Warrants im Umfang der bei der Platzierung ausgegebenen Aktien erhalten; diese sind über einen Zeitraum von 24 Monaten zum Ausgabepreis ausübbar. Die Mittel aus dieser Finanzierung werden für die Explorations- und Entwicklungsarbeiten im Florida 4 System in der Mina Real Liegenschaft verwendet werden, mit dem Ziel, einen langfristigen Abbauplan mit erhöhter Produktion zu entwickeln. Die Mittel dienen ebenfalls zur Kompensation der erhöhten Kosten in Mina Real und für allgemeines Betriebskapital.
Dr. Alfredo Parra sagt, "Diese zusätzlichen Mittel werden uns dabei helfen, unsere erhöhten Entwicklungsaktivitäten im Florida 4 System auszuweiten und die neuen Forderungen in Bezug auf unsere Abraumhalde zu finanzieren. Diese unerwarteten und zusätzlichen Kosten in Bezug auf die Verbesserung der Abraumhalde wurden vor kurzem von der zuständigen Behörde, SEMARNAT, verlangt und könnten in den nächsten Monaten weitere Kosten nach sich ziehen. Wir erwarten, dass die Erhöhung der Entwicklungsarbeiten in Florida 4 es dem Unternehmen erlauben wird, die erforderliche Tonnage für eine Produktion von 300 t/Tag zu gewinnen, während wir gleichzeitig die Gehalte des Erzes unter Kontrolle behalten. Wir erwarten, dass die Erhöhung der Produktion auf 300 t/Tag, in Verbindung mit der Entwicklung von Florida 4 und anderen Bereichen, positiven Cash Flow generieren wird. Dieser Cash Flow kann anschließend in die Exploration und Entwicklung von Mina Real und Santa Fe investiert werden, um das volle Potenzial der Liegenschaften zu entwickeln und damit fort zu fahren, die Produktion deutlich über das aktuelle Niveau zu steigern.?
Dr. Parra ist im Moment die unternehmenseigene, qualifizierte Person gemäß den Richtlinien nach NI 43-101 und hat den Inhalt dieser Pressemitteilung auf ihre Richtigkeit hin geprüft.
Für weitere Informationen besuchen Sie bitte unsere Webseite unter: www.rochesterresources.com
Im Namen des Vorstandes
"Dr. Alfredo Parra"
Dr. Alfredo Parra, Präsident und CEO
Email: info@rochesterresources.com
Website: www.rochesterresources.com
Optionen
0
TSX VENTURE: RCT
OTC Bulletin Board: RCTFF
FRANKFURT: R5I
Sep 03, 2008 09:15 ET
Rochester Resources Provides Exploration and Development Update at the Florida Area, Mina Real Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2008) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) is pleased to provide an update on exploration and development at the Florida Area, Mina Real Project. Extensive work has been completed over the past several months, cutting 13 new vein systems at Florida NW in addition to the discovery of the Florida 4 vein system. In order for the company to access the Florida North area and particularly Florida 4, 6.3 kilometres of access roads were completed. These access roads ended up cutting and exposing 13 vein systems at Florida NW at the 1300m - 1400m elevation, above the known favourable mineralized horizon in the area.
The company is developing a long range mine plan, using drift development as an exploration tool at Florida 4 by harnessing the local topography to develop 7 drifts at different topographic elevations. These 7 drifts will help build an infrastructure for mine development, and generate a clearer understanding of the mineralogy and economics of the vein system. Furthermore the drifts will create an access point from the centre of the Florida 4 vein system to the 13 vein systems located due east at Florida NW by way of a cross-cut. The cross-cut will take place at the 1140 metre elevation level, understood to be an elevation in the area where economic mineralization is prevalent. The cross-cut will be approximately one kilometre from the centre of the Florida 4 vein system and is planned to intersect all 13 vein systems at Florida NW. This is expected to be the most cost-effective and efficient method to access these vein systems at their favourable horizon. Upon success, the company will have an extensive infrastructure in place to mine 14 vein systems. The company anticipates these developments will translate to significant internal growth for the company in 2009. Currently, the company is developing the 7 drifts at Florida 4 and anticipates being in the centre of the Florida 4 system at the 1140m level within 3 to 4 months. The completion of the cross-cut to Florida NW's 13 vein systems should take an additional 4 to 6 months at which point the company, if successful, will be in position to further expand operations.
About Rochester Resources Ltd.:
Rochester represents a pure-play in the exploration, development and production of high-grade gold and silver properties located in Nayarit, Mexico. The Company is a niche player in Mexico which has assembled an attractive portfolio of properties in the Sierra Madre Occidental Range. This is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits.
Rochester is well positioned to advance its Projects and can very quickly become a significant player in Mexico. Rochester has a strong senior management team based in Mexico, and a workforce in place to advance its projects through to mine development.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, President and CEO
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
Investor information contact:
Empire Communications Inc.
(604) 484-0066
Email: info@rochesterresources.com
Website: www.rochesterresources.com
Click here to see all recent news from this company
Optionen
0
0
Rochester Resources Announces Dr. Ulrich Petersen to Join Advisory Board
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2008) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) is pleased to announce Dr. Ulrich Petersen has agreed to join the advisory board. Dr. Petersen is the originator of the zoning ore model for hydrothermal veins, and one of the world's leading experts in economic geology. Dr. Petersen is regarded as one of the pre-eminent authorities on modeling epithermal vein systems and will be a significant addition to Rochester's strong management team and will contribute significantly to the company's long-term mine plan.
Dr. Petersen received a degree in mining engineering from the Escuela Nacional de Ingenieros in Lima, Peru. He also taught there until 1951. Following this, he earned his Master's degree and Ph.D. from Harvard University.
Dr. Petersen has taught courses in ore deposits and mining geology at Harvard since 1963 and has occupied the Harry C. Dudley chair since its inception in 1982. He was also head tutor and chairman of the standing committee of the environmental science and public policy concentration, which started in 1993.
Dr. Petersen has been a consultant with several mining companies, governments, and international organizations throughout the world, and has applied his expertise in Peru, Ecuador, Panama, Mexico, Canada, Argentina, Haiti, Namibia, Spain, Japan, Australia, Bolivia, Chile, and the United States.
Dr. Petersen's long list of achievements includes the Peruvian government's "Order of Merit" for his contributions to Peruvian geology and the discovery of ore deposits; and the German government's Humboldt Foundation research award. He is also a Fellow of the Mineralogical Society of America and the past President of the Society of Economic Geologists.
President, Dr. Alfredo Parra comments, "We are very pleased to be able to attract an expert of this calibre to our project in Mexico. Dr. Petersen has been responsible for the discovery of numerous epithermal deposits throughout Central and South America. Dr. Petersen will apply his expertise to our projects by working with me side by side to construct an epithermal ore model for both the Mina Real and Santa Fe projects. Our personal and working relationship goes back many years and I believe we can have as much success on Rochester's projects as we have had in the past at our other major epithermal discoveries and mines."
About Rochester Resources Ltd.:
Rochester represents a pure-play in the exploration, development and production of high-grade gold and silver properties located in Nayarit, Mexico. The Company is a niche player in Mexico which has assembled an attractive portfolio of properties in the Sierra Madre Occidental Range. This is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits.
Rochester is well positioned to advance its Projects and can very quickly become a significant player in Mexico. Rochester has a strong senior management team based in Mexico, a workforce in place to advance its projects through to mine development.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, President and CEO
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
Empire Communications Inc.
Investor Information Contact
(604) 484-0066
Email: info@rochesterresources.com
Website: www.rochesterresources.com
Click here to see all recent news from this company
Optionen
0
Und weil mir das letzlich jetzt auch Wurscht ist (wer jetzt noch schmeisst, muss wirklich jedes bischen Kohle ganz bitter nötig haben) meine Empörung über das Management:
Da sagen die doch laufen: Super, hier wieder was tolles gefunden usw.
-aber seit langem nichts zum Geld, aber jetzt versuchen die ne Kapitalerhöhung zu machen,
ich dacht ich hör nicht richtig.
Da wird der Kleinanleger hier mächtig verarscht. Wäre froh wenn die Bafin die Vorgänge alle mal durchleuchten würde.
Muss man sich mal vorstellen: Jetzt wo der Karren an die Wand gefahren ist, in dieser Bankenkrisenzeit, wo
Kapital knapp ist, da machen die doch tatsächlich ne Kapitalerhöhung.
Wenn denen dabei nicht ganz die Lust weggehen sollte, dann bin ich auch überrascht, ich empfehle einen Kauf dieser Aktie zu den derzeitigen News erst bei 0,01 bis 0,04 Euro.
Sollte mich überraschen, wenn die Firma ohne Insolvenz überlebt. Das Management gehört den A... versohlt.
Optionen
Antwort einfügen |
Boardmail an "js111" |
Wertpapier:
Rochester Resources
|
1
0
Rochester Resources Ltd. (TSX-Venture: RCT) (OTCBB: RCTFF) (Frankfurt: R51) ist erfreut, bekannt geben zu koennen, dass Dr. Ulrich Petersen zugestimmt hat, dem Beratungsstab von Rochester Resources Ltd. beizutreten. Dr. Petersen ist der Begruender des ?zoning ore model? fuer hydrothermale Erzadern und einer der weltweit fuehrenden Experten auf dem Gebiet der oekonomischen Geologie. Dr. Petersen ist als einer der angesehensten Experten auf dem Gebiet epithermaler Adersysteme angesehen und wird eine grosse Bereicherung fuer das Management von Rochester darstellen und einen signifikanten Beitrag bei der Entwicklung des langfristigen Minenplans des Unternehmens leisten.
Dr. Petersen erhielt sein Diplom als Bergbauingenieur von der Escuela Nacional de Ingenieros in Lima, Peru. Dort unterrichtete er auch bis 1951. Danach erhielt er seinen Master und sein PhD von der Harvard University.
Dr. Petersen hat seit 1963 Kurse in Lagerstaettenkunde und Geologie in Harvard geleitet und hat seit seiner Gruendung im Jahr 1982 den Harrz C. Dudlez Stuhl inne. Er war zudem seit 1993 Tutor und Chairman des standing committee of the environmental science and public policy concentration.
Dr. Petersen war fuer mehrere Bergbaukonzerne, Regierungen und internationale Organisationen in der ganzen Welt taetig und hat seine Erfahrungen Peru, Ecuador, Panama, Mexiko, Kanada, Argentinien, Haiti, Namibia, Spanien, Japan, Australien, Bolivien, Chile und den Vereinigten Staaten von Amerika eingebracht.
Dr. Petersens lange Liste an Erreichtem schliesst eine Anerkennung der peruanischen Regierung fuer seine Arbeit hinsichtlich der Geologie und der Entdeckung von Lagerstaetten und den Research Award der deutschen Humboldt Gesellschaft ein. Er ist ausserdem ein Mitglied der Mineralogical Society of America und war zuletzt der Praesident der Society of Economic Geologists.
Dr. Alfredo Parra, Praesident von Rochester, kommentiert: ?Wir sind extreme erfreut, einen Experten von diesem Kaliber fuer unser Projekt in Mexiko gewinnen zu koennen. Dr. Petersen war verantwortlich fuer die Entdeckung von zahlreichen epithermalen Lagerstaetten in ganz Zentral- und Suedamerika. Dr. Petersen wird seine Erfahrung in unsere Projekte einbringen, indem er Seite an Seite mit mir daran arbeitet, ein Modell fuer die Mina Real und Santa Fe Projekte zu entwickeln. Unsere persoenlichen und geschaeftlichen Beziehungen reichen viele Jahre zurueck und ich glaube, wir koennen in Zukunft in den Projekten von Rochester den selben Erfolg haben , als dies in der Vergangenheit bei unseren anderen, bedeutenden Entdeckungen der Fall war.?
Für weitere Informationen besuchen Sie bitte unsere Webseite unter: http://www.rochesterresources.com
Im Namen des Vorstandes
"Dr. Alfredo Parra"
Dr. Alfredo Parra, Präsident und CEO
Email: mailto:info@rochesterresources.com
Website: http://www.rochesterresources.com
Optionen
0
0
Tel. 604.685.9316 - Fax: 604.683.1585
Pressemitteilung
22. September 2008
Rochester Resources schließen die Privatplatzierung über 900,000 $ ab
Vancouver, Kanada - Rochester Resources Ltd. (TSX VENTURE:RCT) (OTCBB:RCTFF) (FRANKFURT:R5I) (das "Unternehmen"): Herr Nick DeMare, Chairman, ist erfreut, bekannt geben zu können, dass Rochester Resources Ltd. (das ?Unternehmen?) die Privatplatzierung abgeschlossen und durch die Ausgabe von 2,000,000 Einheiten zu einem Preis von 0,45 $ je Einheit, was einer Reduzierung des ursprünglich vorgesehenen Kaufpreises entspricht, insgesamt 900,000 $ aufgenommen hat. Jede Einheit besteht aus einer Stammaktie des Unternehmens und einem halben, übertragbaren Warrant. Jeder volle Warrant kann über einen Zeitraum von 24 Monaten nach Abschluss der Privatplatzierung zu einem Preis von 0,75 $ in eine weitere Stammaktie des Unternehmens umgewandelt werden.
Canaccord fungierte bei dieser Privatplatzierung als Agent und hat eine Kommission in Höhe von 8 % der bei der Platzierung aufgenommenen Mittel erhalten. Canaccord haben zudem nicht übertragbare Warrants, welche zum Erwerb einer weiteren Stammaktie berechtigen und vom Umfang her 8 % der insgesamt bei dieser Privatplatzierung verkauften Einheiten entsprechen. Jeder dieser Warrants kann über einen Zeitraum von 24 Monaten nach Abschluss der Platzierung zu einem Preis von je 0,45 $ in eine weitere Stammaktie des Unternehmens umgewandelt werden, was einer Reduzierung des ursprünglich vorgesehenen Preises entspricht.
1,558,000 Stammaktien und 779,000 Warrants, welche an die Käufer ausgegeben wurden und 124,640 Warrants, welche Canaccord erhielten, unterliegen einer viermonatigen Haltefrist, welche am 19. Januar 2009 endet. 442,000 Stammaktien des Unternehmens und 221,000 Warrants, welche an die Käufer ausgegeben wurden und 35,360 Warrants, welche Canaccord erhielten, unterliegen einer viermonatigen Haltefrist, welche am 23. Januar 2009 endet.
Für weitere Informationen besuchen Sie bitte unsere Webseite unter: www.rochesterresources.com
Im Namen des Vorstandes
Nick DeMare, Chairman
Email: info@rochesterresources.com
Website: www.rochesterresources.com
Optionen
0
Rochester Closes Final Tranche of $1 Million Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2008) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) -
Mr. Nick DeMare, Chairman, is pleased to announce that Rochester Resources Ltd. (the "Company") has closed the final tranche of a brokered private placement (the "Private Placement") raising additional gross proceeds of $100,350 to the Company by issuing an aggregate of 223,000 units (each a "Unit") at a purchase price of $0.45 per Unit, a reduced purchase price from that which was originally announced by the Company. Each Unit consists of one common share of the Company and one-half of one transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable into one additional common share of the Company for a period of 24 months from the closing of the Private Placement at an exercise price of $0.75 per share.
Canaccord Capital Corporation ("Canaccord") acted as the agent under the Private Placement and was paid a cash commission equal to 8% of the gross proceeds raised under the Private Placement. Canaccord also received non-transferable common share purchase warrants (each an "Agent's Warrant") in a number equal to 8% of the Units sold under the Private Placement. Each whole Agent's Warrant is exercisable into one additional common share of the Company for a period of 24 months from the closing of the Private Placement at an exercise price of $0.45 per share, a reduced exercise price from that which was originally announced by the Company.
All of the common shares and the Warrants issued to the purchasers and the Agent's Warrants issued to Canaccord are subject to a four month hold period which expires on January 25, 2009.
ON BEHALF OF THE BOARD
Nick DeMare, Chairman
Forward Looking Statements
This Company Press Release may contain certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
Empire Communications Inc.
Investor Information Contact
1-877-541-6285
Website: www.rochesterresourcesltd.com
Click here to see all recent news from this company
Optionen
0
Rochester Provides Updated NI 43-101 Technical Report on Mina Real Property, Nayarit, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 20, 2008) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) is pleased to announce that an updated technical report has been prepared on the Mina Real Property in Nayarit, Mexico dated Sept. 30, 2008 by Victor A. Jaramillo, M.Sc. (A), and P.Geo. of Discover Geological Consultants Inc. Mr. Jaramillo on his most recent visit to the Mina Real Project was able to review geological work completed to date, such as drill data, examine drill core, underground geological information, geochemical data and maps of the property.
To view the entire 43-101 Technical Report please click here: http://media3.marketwire.com/docs/rct1020a.pdf
Or please visit our website at www.rochesterresources.com.
Significant highlights from the report include:
A geological potential has been estimated for the Florida-4 vein system taking into consideration parameters that are discussed in the report. This potential is provided in ranges as required by NI 43-101 reporting standards.
For the lower end range equals 225m depth x 2,000m length x 0.50m wide x 2.5 s.g. equals 562,500 tonnes with grades of 4.0 g/t gold and 60 g/t silver
For the upper end range equals 450m depth x 2,000m length x 1.0m wide x 2.5 s.g. equals 2,250,000 tonnes with grades of 8 g/t gold and 100 g/t silver
The range provided includes the following assumptions:
1. A very well mineralized mining horizon that ranges from 1350m to 900m elevation;
2. A vein width ranging between 0.5m and 1.5m (we will use 1.0m for upper range);
3. A 2.0 kilometre strike length as defined from surface outcrop;
4. A specific gravity of 2.5
The above geological potential is for one vein only. The Mina Real Property comprises approximately 20 veins that have been identified to date (to view Figure 1 please click on: http://media3.marketwire.com/docs/rct1020b.jpg). The writer believes the geological potential to be considerable.
Cautionary statement: Investors are cautioned that the potential quantity indicated above is conceptual in nature. At this time, there has been insufficient exploration to define a mineral resource below the current inferred resources, and it is uncertain if further exploration will result in the discovery of these mineral resources.
Previous news that was released dated July 24, 2008 reported grades from surface trenching at Florida 4. The results indicate similar surface results to what was encountered on surface and above the zone of favourable mineralization at Florida 3. Some of the results previously reported from this trenching program include:
----------------------------------------
Trenching Results
Trench # Width Au (g/t) Ag (g/t)
No. 1 1.40m 2.49 62
No. 5 5.80m 4.82 131
No. 6 0.80m 2.15 68
No. 7 0.70m 5.97 44
No. 10 2.60m 6.53 80
No. 11 1.40m 3.26 68
No. 12 0.70m 1.13 50
No. 13 1.80m 3.63 64
No. 14 1.40m 0.82 475
No. 15 1.10m 1.93 59
----------------------------------------
The author noted that at the Mina Real Project, the presence of high grade gold-silver quartz-adularia veins and stockwork veinlets in the country rocks bears many geological similarities to Sleeper, Nevada; McLaughlin, California; Hishikari, Japan and Golden Cross and Martha Hill, New Zealand, all of which were or are significant gold producers.
The author who is a QP as defined by NI 43-101, has read and approved the contents of this news release.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, President and CEO
About Rochester Resources Ltd.:
Rochester s a junior gold/silver producer engaged in the production and the continued exploration and development of its Mina Real and Santa Fe Properties located in the State of Nayarit, Mexico. Nayarit is located in the Sierra Madre Occidental range, the most productive epithermal precious metal region in the world, which hosts the majority of Mexico's gold and silver deposits. The Company substantially completed the construction of a cyanidation processing plant at the end of December 2006. Initial milling operations commenced in January 2007 with the commissioning process being completed by May 31, 2007. The Company has, in a very compressed time frame, acquired, developed and brought into production a gold property in Mexico. The Company now has an operating mill which is generating cash flow from operations. The Company is also implementing an exploration and development program utilizing funds raised in the capital markets and cash flow from operations to define resources to support future mining and production.
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
Empire Communications Inc.
Investor Information Contact
(604) 484-0066
Website: www.rochesterresources.com
Optionen
0
0
Rochester Resources Provides Corporate Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2008) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) previously announced on November 21, 2008 the Company has entered into a joint venture agreement with E-Energy Ventures Inc. and Cooper Minerals Ltd. to each acquire an undivided 10-per-cent equity interest in Mina Real Mexico S.A. de C.V., and in return, E-Energy Ventures Inc. and Cooper Minerals Ltd. would each agree to fund $1,475,000 of work commitments and to provide additional funding of $1,050,000 by way of a private placement. Rochester has received an initial payment of $150,000 from both parties. The Company has made applications to the regulatory approval for this transaction and has been advised that the Company's submissions have been accepted for filing. The Company is seeking a further advance of $250,000 from each optionee while filings are vetted by regulatory authorities.
At the Mina Real mine the focus of the mining operations have been to develop workings and build up a stock-pile of mineralized material at the mill to ensure there is sufficient mill feed to maintain mill operations. Mining operations have commenced from the Company's silver-rich vein system, Tajos Cuates. The Tajos Cuates vein system is located 1 kilometre southwest from the Florida Mine site. Tajos Cuates is a robust low sulphidation epithermal vein system which has been traced on surface over 1.8 kilometres.
Production from Tajos Cuates will be the primary provider of mill feed within 4 weeks. The commencement of production from Tajos Cuates also coincides with the anticipated increase in silver recoveries from the now integrated Falcon Centrifugal Concentrator. The Company has identified in its mine plan three blocks that will be stoped immediately which will provide mill feed for the next several months producing first at 200 tpd and then ramping up to 300 tpd.
Simultaneously, drifting will be ongoing to advance into newly explored areas of the Tajos Cuates vein system. Previous drilling and sampling from programs in 2006 and 2007 yielded strong mineralized results from the top of the favourable horizon through to the bottom of the favourable horizon of the vein system. A vertical favourable horizon of approximately 200 metres has been defined to date.
Milling operations have been suspended until January 2009 as the Company implements the development from the Tajos Cuates area, assuring there will be sufficient mill feed and maintaining accurate grade control.
The Company does require additional working capital to maintain its mining program.
Examples of drill hole results from the Tajos Cuates area include Drillhole # 800-7-04 which cut 2.42 metres (est. true width 1.5 metres) and graded 4.9 g/t Au and 310 g/t Ag at the 915 metre elevation. Very high grade samples have also been collected with samples returning grades like #751102 returning 17.85 g/t Au and 2110 g/t Ag over 1.6 metres (See Table 1 for complete results).
TABLE 1:
--------------------
TAJOS CUATES (Vein 2)
--------------------
--------------------------------------------------
Line # Sample # Width Au Ag
--------------------------------------------------
(m) g/t g/t
--------------------------------------------------
L9 751102 1.6 17.85 2110
--------------------------------------------------
L10 751103 0.7 2.71 700
--------------------------------------------------
L11 751104 0.6 2.68 479
--------------------------------------------------
L12 751105 0.7 0.84 595
--------------------------------------------------
L21 1003 1.2 5 1109
--------------------------------------------------
L22 1007 0.9 3 362
--------------------------------------------------
L23 1008 1.1 4.4 581
--------------------------------------------------
L24 1009 1.1 2.6 499
--------------------------------------------------
L25 1010 0.9 2.5 447
--------------------------------------------------
L26 1011 1.1 4.5 403
--------------------------------------------------
L27 1012 1 2.5 132
--------------------------------------------------
L28 1013 0.9 7.3 593
--------------------------------------------------
L29 LC99 1.2 16.1 930
--------------------------------------------------
L30 LC30 0.5 5.2 944
--------------------------------------------------
L40 TC-788 0.2 0.89 171
--------------------------------------------------
L41 TC-787 0.4 7.49 358
--------------------------------------------------
L42 TC-786 0.4 3.56 780
--------------------------------------------------
L43 TC-785 0.4 12.2 1360
--------------------------------------------------
L44 TC-784 0.4 4.82 661
--------------------------------------------------
L45 TC-776 0.7 0.72 189
--------------------------------------------------
L57 1001 1.2 4 504
--------------------------------------------------
L58 1002 1.2 3.2 656
--------------------------------------------------
--------------------
TAJOS CUATES (Vein 1)
--------------------
--------------------------------------------------
Line # Sample # Width Au Ag
--------------------------------------------------
(m) g/t g/t
--------------------------------------------------
L1 751116 0.8 3.81 85
--------------------------------------------------
L2 751115 0.5 15.5 669
--------------------------------------------------
L3 751114 0.75 2.51 265
--------------------------------------------------
L4 751109 0.75 5.88 278
--------------------------------------------------
L5 751117 1 2.42 174
--------------------------------------------------
L6 751118 1.07 0.13 52
--------------------------------------------------
L7 751119 1 0.23 165
--------------------------------------------------
L8 751120 1.3 0.77 100
--------------------------------------------------
L13 751107 1.5 4.33 298
--------------------------------------------------
L14 751109 0.75 5.88 278
--------------------------------------------------
L15 751110 0.8 13.4 563
--------------------------------------------------
L16 751111 0.75 164 316
--------------------------------------------------
L17 751112 0.75 3.07 651
--------------------------------------------------
L18 751113 0.7 12.6 2920
--------------------------------------------------
L19 751101 1.6 3.5 801
--------------------------------------------------
L20 751108 0.8 7.5 501
--------------------------------------------------
L31 TC-799 0.8 8.95 384
--------------------------------------------------
L32 TC-798 1.1 10.8 1050
--------------------------------------------------
L33 TC-797 1 14.5 649
--------------------------------------------------
L34 TC-796 1.2 29.8 1200
--------------------------------------------------
L35 TC-795 0.75 11.2 728
--------------------------------------------------
TC-794 0.9 9.89 287
--------------------------------------------------
TC-793 0.5 37.9 911
--------------------------------------------------
L36 TC-792 1.3 7.27 380
--------------------------------------------------
L37 TC-791 0.8 35.2 798
--------------------------------------------------
L38 TC-790 0.6 0.49 206
--------------------------------------------------
L39 TC-789 0.9 2.04 232
--------------------------------------------------
L46 TC-771 0.8 14.2 1150
--------------------------------------------------
L47 TC-772 1.1 3.43 299
--------------------------------------------------
L48 TC-773 1 3.84 406
--------------------------------------------------
L49 TC-774 0.6 0.89 99
--------------------------------------------------
TC-774 A 0.5 3.7 483
--------------------------------------------------
TC-774 B 0.6 8.93 1440
--------------------------------------------------
L50 TC-775 0.9 8.23 745
--------------------------------------------------
L51 TC-777 0.7 3.58 1530
--------------------------------------------------
L52 TC-778 0.5 1.48 664
--------------------------------------------------
L53 TC-779 0.5 6.95 373
--------------------------------------------------
L54 TC-780 0.8 2.07 307
--------------------------------------------------
TC-780 A 0.6 2.47 511
--------------------------------------------------
L55 TC-782 1.3 3.92 458
--------------------------------------------------
L56 TC-783 1.1 4.17 312
--------------------------------------------------
L59 TC-806 0.9 4.4 397
--------------------------------------------------
L60 TC-805 0.7 6.03 536
--------------------------------------------------
L61 TC-804 1.3 2.93 204
--------------------------------------------------
L62 TC-803 1 2.84 179
--------------------------------------------------
L63 TC-802 0.7 8.58 353
--------------------------------------------------
L64 TC-801 0.6 2.23 284
--------------------------------------------------
TC-800 0.4 11.4 484
--------------------------------------------------
L65 TC-812 1 15.1 601
--------------------------------------------------
L66 TC-811 1.4 4.26 298
--------------------------------------------------
L67 TC-810 0.8 5.71 509
--------------------------------------------------
L68 TC-809 1.5 7.54 500
--------------------------------------------------
L69 TC-808 1 7.94 320
--------------------------------------------------
L70 TC-807 1.4 0.68 90
--------------------------------------------------
TABLE 2
------------------
LA CHALATA (Vein 2)
------------------
--------------------------------------------------
Line # Sample # Width Au Ag
--------------------------------------------------
(m) g/t g/t
--------------------------------------------------
L1 2035 1.3 0.4 76
--------------------------------------------------
L2 2036 1.22 0.12 67
--------------------------------------------------
L3 2037 1.6 0.16 29
--------------------------------------------------
L4 2038 1.7 0.14 53
--------------------------------------------------
L5 2039 1.9 0.11 42
--------------------------------------------------
L6 2040 1.45 0.87 366
--------------------------------------------------
L7 2041 1.4 1.71 451
--------------------------------------------------
L8 2042 1.5 0.91 424
--------------------------------------------------
2042-A 1.4 4.03 665
--------------------------------------------------
L9 2043 1.04 0.8 320
--------------------------------------------------
L10 2044 1.1 0.94 529
--------------------------------------------------
L11 2045 0.7 0.71 495
--------------------------------------------------
L12 2046 0.68 0.27 468
--------------------------------------------------
L13 2048B 0.65
--------------------------------------------------
L14 2048 0.72 0.29 51
--------------------------------------------------
2048-A 0.6 0.14 59
--------------------------------------------------
L15 2047 0.6 0.31 60
--------------------------------------------------
Dr. Parra is currently the Company's in-house Qualified Person and QP Member of the Mining and Metallurgical Society of America with special expertise in Mining.
About Rochester Resources Ltd.:
Rochester represents a pure-play in the exploration, development and production of high-grade gold and silver properties located in Nayarit, Mexico. The Company is a niche player in Mexico which has assembled an attractive portfolio of properties in the Sierra Madre Occidental Range. This is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits. Rochester has a strong senior management team based in Mexico, with a workforce in place to advance its projects through to mine development.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, President and CEO
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
Empire Communications Inc.
Investor Information
(604) 484-0066
Email: info@rochesterresources.com
Website: www.rochesterresources.com
Click here to see all recent news from this company
Optionen
0
Rochester Appoints Mr. Eduardo Luna President and CEO
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 15, 2009) - Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) is pleased to announce that Mr. Eduardo Luna has been appointed President and CEO of Rochester Resources Ltd. Dr. Alfredo Parra will assume the role of Chief Operating Officer and will remain a director of Rochester. This will allow Dr. Parra to focus primarily on the mining and milling operations at the Mina Real Property. The Company anticipates that the synergy between Dr. Parra and Mr. Luna will be very positive for the Company from both an operational and capital markets perspective.
"We are thrilled to have Eduardo join Rochester's management team," said Dr. Parra, "His extensive international experience in the mining industry and Mexican operations make him a true asset to the company as we move forward with our Mina Real project. On behalf of senior management and the board of directors, I'd like to welcome him to a key management role."
Mr. Luna has been a director of Rochester since August 2007 and is currently Chairman of Silver Wheaton and previously was President of Goldcorp's Mexican mining operations. Mr. Luna brings extensive business experience and knowledge of the mining industry and will help strengthen the development of management's corporate strategy and relationships with the capital markets.
Mr. Luna holds a degree in Advanced Management from Harvard University, an MBA from Instituto Tecnologico de Estudios Superiores de Monterrey and a Bachelor of Science in Mining Engineering from Universidad de Guanajuato. He has held various other executive positions such as Minera Autlan for seven years and Industrias Penoles for five years. He is the former President of the Mexican Mining Chamber and the former President of the Silver Institute. Mr. Luna serves as Chairman of the Advisory Board of the Faculty of Mines at the University of Guanajuato and of the Mineral Resources Council in Mexico.
ON BEHALF OF THE BOARD
Dr. Alfredo Parra, COO
About Rochester Resources Ltd.:
Rochester represents a pure-play in the exploration and development of high-grade gold and silver properties located in Nayarit, Mexico. The Company is a niche player in Mexico which has assembled an attractive portfolio of properties in the Sierra Madre Occidental Range. This is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits. Current production generates growing cash flow and helps fund our ongoing exploration and development with minimum share dilution.
Rochester is well positioned to advance its projects and can very quickly become a significant player in Mexico. Rochester has a strong senior management team based in Mexico, a workforce in place to advance its projects through to mine development, and strong financial backing to implement and advance our work programs.
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. In addition, the Company has not conducted an independent feasibility study on the Mina Real project which may increase the risk that the planned operations are not economically viable. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
For more information, please contact
Empire Communications Inc.
Investor Information
(604) 484-0066
Email: info@rochesterresources.com
Website: www.rochesterresources.com
Click here to see all recent news from this company
Optionen
0
0
560 oz Gold + 17289 oz Silber produziert, nur dies, ohne die besagten Steigerungen,
würde 560/2*12=3360 oz Gold, 17289/2*12=103734 oz Silber ergeben, Verkaufswert
bei 900 $ /oz Goldund 14$/oz Silber = 4,4 Mio $...und das bei einer
Martkapitalisierung von gerade mal 5,5 Mio EUR...dazu noch eine Produktionssteigerung
von Jan.bis April um 48% (5063 to statt 3407 to)...ich denke,da tut sich demnächst was,
obwohl die CANs auch noch vorsichtig sind...aber wenn es erst los geht, steht sie
wahrscheinlich wieder ein bisschen hoeher... Gruesse
Original-News:
Rochester Provides Operations Update at Mina Real
Tue Jun 2, 9:00 AM
* Email Story
* IM Story
* Printable View
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 2, 2009) - Rochester Resources Ltd. (TSX VENTURE: RCT.V)(OTCBB: RCTFF.OB)(FRANKFURT:R5I) is pleased to announce that operations at the Mina Real Property continue to show steady improvements. In early January 2009 the mill resumed operations and since then the Company has continued to see improvements in both mining and milling operations.
A total of 6,814 tonnes was processed for the months January and February 2009. Production during this period was 560 ounces of gold and 17,289 ounces of silver. Subsequent to the quarter end, operations continued to show improvement. During the month of March, 4,105 tonnes were processed through the mill, an increase of 20% over February, with head grades of 2.3 g/t gold and 299.4 g/t silver. During the month of April, 5,063 tonnes were processed through the mill, a further increase of 23% over March. April head grades were 1.7 g/t gold and 304 g/t silver.
To view accompanying Graph and Photo, please click on the following link: http://media3.marketwire.com/docs/Figures1and2.pdf
Concurrently the Company has been working on increasing the silver recovery rates. In April, 2009 the average recoveries for gold were 93.63% and 71.51% for silver, a substantial increase from previous months which were averaging 91.10% for gold and 54.51% for silver. This significant milestone from milling operations will help contribute in the future to reducing the Company's operating costs per ounce produced.
Development has continued mainly from the Tajos Cuates area, at three levels: Hundido, Chalata and Socavon. The Company is planning to have the majority of its mill feed come from the Tajos Cuates area over the coming months. In addition, the Company has developed over 630 metres of road access to the Macedo area with another 350 metres remaining to get to the first structure (Veta Rica). The Company will require further funding to fully implement its work plans. The Company is working on further financings to ensure the funds needed for the business plan are available.
Dr. Parra is currently the Company's in-house Qualified Person and QP Member of the Mining and Metallurgical Society of America with special expertise in Mining.
ON BEHALF OF THE BOARD
Eduardo Luna, President and CEO
About Rochester Resources Ltd.: