Rochester Reports on Exploration Program, 2010
August 11 2010 - 8:11AM
Marketwired
Rochester Resources Ltd. (TSX VENTURE: RCT)(FRANKFURT: R5I) is
pleased that the previously announced diamond drilling program at
its Mina Real property continues to return positive results.
An additional seven diamond drill holes have been completed on
the Florida NW Vein.
Significant intersections are as follows:
Hole From To Interval Gold Silver
m m m g/t g/t
FLNW06-10 72.01 72.69 0.68 0.88 31.5
FLNW07-10 76.45 76.98 0.53 1.56 12.0
FLNW08-10 No Significant Assays
FLNW09-10 87.47 87.95 0.48 8.18 99.0
133.35 134.00 0.65 1.43 37.0
FLNW10-10 59.37 62.92 3.55 2.72 222.0
75.10 76.50 1.40 1.61 97.6
FLNW11-10 65.35 67.46 2.11 1.70 233.0
FLNW11A-10 95.76 97.04 1.28 1.12 36.0
These are downhole intersections and true widths have yet to be
determined.
The Florida NW Vein is located approximately 1,000 metres to the
north of the Tajos Cuates and trends north-northwest, roughly
parallel to the structure which hosts the Tajos Cuates Vein.
The Mina Real Project is underlain by a complex of Tertiary-age
felsic volcanic and tuffs cut by intrusions of similar composition.
Alteration varies from narrow zones adjacent to mineralized veins,
to broad zones of moderate to intense clay alteration. The broad
zones of clay alteration have drill intersections of at least 50
metres.
The mineralized veins trend northwest to north-northwest, with
local northeast-southwest trending offsets. These offset
structure/veins locally carry gold and silver values. The northwest
trending veins are found in shear zones, which vary in width from 2
or 3 metres to broad zones of shearing that represent regional
shear zones.
The veins vary in width from a few centimetres to maximum widths
of approximately 8 metres, and are generally composed of quartz.
Individual veins may be single quartz veins or multistage quartz
veins, often brecciated and/or sheared. The contact with the
wallrock typically is intensely sheared and broken.
"The diamond drilling program continues to successfully expand
the area of mineralized material at the Florida NW Vein," states
Eduardo Luna, President and CEO. "Hole FLNW11-10 intersected the
mineralized vein approximately 25 metres below the underground
development on the Florida NW Vein. Hole FLNW10-10 intersected the
same vein structure, over encouraging widths, along strike
approximately 150 metres to the southwest. We are pleased with the
results of Hole FLNW09-10, particularly the gold grade, which
intersected the vein structure approximately 150 metres along
strike to the northwest, and 100 metres downdip, from the
underground development on the Florida NW Vein. Additional drilling
will further define this zone."
The Florida NW Vein is one of at least six northwest to
north-northwest trending vein systems identified on the Mina Real
project.
Additional drill results are being compiled and will be released
as they become available.
Andrew Gourlay, P. Geol., is the Qualified Person who has
reviewed the technical disclosure in this news release. All samples
are prepared and analyzed by the SGS de Mexico, S.A. de C.V.
laboratory in Durango, Mexico, an ISO certified and independent
laboratory. Standard reference materials, blanks and field
duplicate samples are inserted prior to the shipment from site to
monitor the quality control of analytical data.
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 helps generate cash
flow and helps fund our ongoing exploration and development.
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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Rochester Resources Ltd. Marc Cernovitch (416)
619-9010 info@rochesterresources.com www.rochesterresources.com
Rochester Resources (TSXV:RCT)
Historical Stock Chart
From Jan 2025 to Feb 2025
Rochester Resources (TSXV:RCT)
Historical Stock Chart
From Feb 2024 to Feb 2025