Rochester Completes Geological Review of Mina Real Property
27 4월 2009 - 10:30PM
Marketwired
Rochester Resources Ltd. (TSX VENTURE: RCT)(OTCBB:
RCTFF)(FRANKFURT: R5I) reports that it has received the results of
an extensive review of the geology, structural setting and
mineralization of the Mina Real District, Nayarit State, Mexico.
The review was carried out by Dr. Tony Starling, principal of
Telluris Consulting Ltd. ("Telluris") of the United Kingdom, and
was reported to Dr. Alfredo Parra, the Company's Qualified Person.
Telluris is a geological consultancy established in 1993 that
specializes in the application of structural and alteration studies
to mineral deposits. Dr. Starling has 19 years experience in Mexico
and has been instrumental in the discovery of several new ore
bodies throughout Mexico. Specifically, he has applied his
distinguished mesothermal/orogenic gold systems studies to
discoveries in districts such as Charcas, San Martin and Taxco.
The report summarizes the preliminary conclusions of a 12 day
field visit to the Mina Real mine and project area in December 2008
on behalf of Rochester Resources Ltd. The review and fieldwork at
Mina Real carried out by Telluris concentrated on viewing available
underground workings and accessible surface outcrops. Telluris was
engaged to achieve a better understanding of structural controls on
mineralization at the Mina Real Property, and to assist in
identifying potential target areas for the Company's upcoming
exploration and drill programs.
The principal conclusions were:
- There are three main deformation events evident in the
district;
- The exposed mineralization appears to represent the uppermost
levels of an intermediate sulphidation epithermal system that has
potential to be expanded at both depth and along strike;
- The mineralization may have undergone both hydrothermal and
structural telescoping so that different stages of mineralization
may be present at the current topographic level;
- Within the main structures there is a strong control by early
to syn-mineralization andesite dykes whose margins have been
preferentially sheared. The same structures are also intruded by
late- to post-mineral basalt dykes that are magnetic, relatively
fresh and may provide a geophysical target;
- There may be an association with rhyolitic flow domes and the
belief is that this area is a good analogue with the Bolanos
district (Jalisco).
Eduardo Luna, President and CEO, states, "While more work is
required, we have been encouraged that all studies confirm the high
potential of the district and definitely justify the continued
investment of additional resources in building a comprehensive
knowledge base of the area while simultaneously developing the
area's mineral resources."
Dr. Parra is a Qualified Person as defined by National
Instrument 43-101 and has reviewed the technical information
contained in this news release.
ON BEHALF OF THE BOARD
Eduardo Luna, President and CEO
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.
Contacts: Empire Communications Inc. Investor Information
Contact 604-484-0066 Skype: empireir Email:
info@rochesterresources.com Website: www.rochesterresources.com
Rochester Resources (TSXV:RCT)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Rochester Resources (TSXV:RCT)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024