ROCA-Molybdenite Concentrate Shipments Commence
11 Dicembre 2007 - 2:30PM
Marketwired
VANCOUVER, BRITISH COLUMBIA ("Roca" or "the Company") announces
that shipments of molybdenite concentrates have recently commenced
from its MAX Molybdenum mine, located 60 kilometres southeast of
Revelstoke, British Columbia.
To date, shipments totaling 37,800 lbs. of contained molybdenum
have been purchased by Derek Raphael and Co., a UK-based
molybdenite concentrate trading company, through its North American
representative, W.G. Cook Ltd. Payment for these shipments has also
commenced to the Company's account.
Mill and concentrator operations at MAX are ramping up to
capacity with the processing of stockpiled development material
located adjacent to the mill facility. Once process optimization is
completed, operations will continue utilizing direct feed ore-grade
material from the underground mine. To date, the mill has attained
approximately 94% availability. The concentrator has achieved
recoveries up to 96.5%, with average recoveries through startup of
approximately 85% from the stockpiled material.
The permitted PHASE I mine plan for MAX will focus on the
deposit's high-grade zone containing 280,000 measured and indicated
tonnes grading 1.95% MoS2 (refer to T.N. Macauley's 43-101
compliant technical report dated September 2004 available via
SEDAR). Molybdenum currently trades in the US$32-33/lb. range.
ROCA MINES INC.
David J. Skerlec - Chief Financial Officer
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Roca Mines Inc. Doug Fosbrooke Investor Relations
(604) 684-2900 (604) 684-2902 (FAX) Email: info@rocamines.com
Website: www.rocamines.com
Grafico Azioni ROK Resources (TSXV:ROK)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni ROK Resources (TSXV:ROK)
Storico
Da Mar 2024 a Mar 2025