Inter-Rock Reports Second Quarter Results
August 30 2010 - 1:10PM
Marketwired Canada
Inter-Rock Minerals Inc. (TSX VENTURE:IRO) reported today its second quarter
2010 earnings. Inter-Rock had income of US$133,000 for the quarter, compared to
income of $281,000 for the same period in 2009. Second quarter EBITDA was
US$326,000 down from US$488,000 in 2009.
MIN-AD
MIN-AD, Inc., Inter-Rock's industrial minerals subsidiary, reported a decrease
in sales volume of 9% from the second quarter of 2009. The sales decrease was
attributable to lower numbers of cattle on feed at the start of the quarter and
a depressed dairy market.
Mineral Properties
A Notice of Intent to drill three holes at Inter-Rock's Sentinel Peak property
was approved. Site preparation has commenced and additional sampling has been
carried out.
Additional information is available on SEDAR at www.sedar.com.
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