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Rocmec Mining Inc.: Rocmec Provides Update on Thermal Fragmentation Contract With Great Basin Gold, Nevada

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  Published in House and Home on Tuesday, August 11th 2009 at 7:33 GMT, Last Modified on 2009-08-11 07:33:16 by Market Wire
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VAUDREUIL-DORION, QUEBEC--(Marketwire - Aug. 11, 2009) - Rocmec Mining Inc. (the "Company") (TSX VENTURE:RMI)(FRANKFURT:D5O) is pleased to provide an update on its thermal fragmentation mining process employed by Great Basin Gold (TSX:GBG) at its Hollister mine located in Nevada.

A first stope at Hollister was successfully fragmented in November 2008, following which an open contract was concluded and thermal fragmentation operations restarted in June of this year.

The contract in itself is an important milestone for Rocmec as it will generate recurrent revenues for the Company. The revenue structure for this contract is based on sharing the savings obtained with the thermal fragmentation mining process versus the mining methods currently employed. Rocmec receives a fixed price per linear foot mined and the contract also includes a clause for a minimum monthly payment, if the situation arises.

For this contract, Rocmec is employing its new model of thermal fragmentation units dubbed the "mini-dragon" specifically designed to operate in very narrow drifts with widths of 1.3 metres. The Hollister mine's management responsibilities include sub-level development, mining services, mucking and milling, whereas, Rocmec is focussed on fragmenting the mineralised corridors from within the sub-levels. Each stope is roughly 45 metres long 15 metres high with average widths of 0.50 metres.

For the client, the advantages of employing Rocmec's thermal fragmentation mining process are numerous: significant reduction in mining waste rock, enhances operational safety, improved productivity and reduction in mucking, transportation, milling and backfill costs.

To date, Rocmec is very satisfied with the progress and results obtained. The successful deployment has generated significant interest in Nevada and surrounding areas representing new business opportunities for Rocmec's exclusive and patented thermal fragmentation mining process.

About Rocmec

Rocmec Mining Inc. is a Canadian junior exploration company actively involved in the acquisition, exploration and development of precious metal projects. The Company's exclusive thermal fragmentation process combined with its growth strategy place it as the partner of choice for the development of narrow high-grade precious metal quartz vein properties. The Company is listed on the TSX Venture Exchange and trades under the symbol: RMI

Rocmec's growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. Exploitation of narrow high-grade precious metal quartz veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer. The acquisition, development and future exploitation activities the company's Rocmec I property are an excellent example of this strategy.

Thermal fragmentation...mining ounces not TONNES!

The Thermal Fragmentation Mining Method video can be viewed on Rocmec's website or by clicking the following link: [ http://www.rocmecmines.com/video_an.asp ]

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

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.