Rochester Resources Aktie

http://ca.news.finance.yahoo.com/s/04052010/28/link-f-ccnmatthews-rochester-reports-third-quarter-2010-operating-results.html

http://www.marketwire.com/press-release/Rochester-Begins-Mine-Development-at-Florida-NW-and-Provides-Exploration-Update-TSX-VENTURE-RCT-1154357.htm

Feb 19, 2010 08:00 ET Rochester Commences Drill Program at Mina Real VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2010) - Rochester Resources Ltd. (TSX VENTURE:RCT)(FRANKFURT:R5I) is pleased to announce the Company has commenced an aggressive exploration and delineation drill program at the Mina Real Project in Nayarit, Mexico. The drill program will target three major vein systems at the Florida, Tajos Cuates and Macedo area with the goal of outlining economic resources to support its ongoing production. The Mina Real Property is located at the Sierra Madre Occidental Range, which is the largest epithermal precious metal region in the world, hosting the majority of Mexico's large tonnage gold and silver deposits. XPLOR (Exploraciones y Desarrollos Mineros, S.A. de C.V.) has been contracted to complete a drill program consisting of 102 drill holes over 21,915m at Mina Real. Rochester plans to spend a total of US$7.2 million in 2010, to complete the drilling and drifting programs described herein, as well as to initiate other project development related activities, including preparation of a NI 43-101 compliant resource estimation. A total of three drill rigs will be used for surface drilling and one for underground drilling. The program will be divided into five specific areas as follows: Project / Area Metres Tajos Cuates (Underground drilling) 3,130 Tajos Cuates (Exploration drilling) 2,570 Florida IV 1,800 Florida NW 4,650 Macedo 9,765 Total Drilling 21,915 The drill program will commence at the Florida NW area where the company will drill test 13 veins identified on surface up to 1.5 kilometres in length to the northwest of the intrusive at the Florida Mine. These veins are oriented parallel to the Florida Mine and previous surface work supports continuity of the vein system to the northwest of the post-mineral intrusive. The Company has strong expectations based on surface sampling to date which found mineralized material of similar grades to that mined at Florida in the past (approximately 9 grams/tonne gold and 250 grams/tonne silver). Eduardo Luna, President and CEO, states, "The implementation of this drill program is going to help confirm the continuity of the Florida Mine high grade structures to the Northwest as well as enabling us to further accelerate and complement the development at the Tajos Cuates Mine and Macedo area." 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. For more information, please contact First Canadian Capital 416.742.5600 or Toll Free: 866.580.8891 info@rochesterresources.com www.rochesterresources.com Click here to see all recent news from this company

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