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Mon, November 16, 2009Fri, November 13, 2009Thu, November 12, 2009Wed, November 11, 2009Tue, November 10, 2009Mon, November 9, 2009Sun, November 8, 2009Fri, November 6, 2009Thu, November 5, 2009Wed, November 4, 2009Tue, November 3, 2009Mon, November 2, 2009Sun, November 1, 2009Fri, October 30, 2009Thu, October 29, 2009Wed, October 28, 2009Tue, October 27, 2009Mon, October 26, 2009Fri, October 23, 2009Thu, October 22, 2009Wed, October 21, 2009Tue, October 20, 2009Mon, October 19, 2009Sun, October 18, 2009Fri, October 16, 2009Thu, October 15, 2009Wed, October 14, 2009Tue, October 13, 2009Mon, October 12, 2009Sun, October 11, 2009Fri, October 9, 2009Thu, October 8, 2009Wed, October 7, 2009Tue, October 6, 2009Mon, October 5, 2009Rocmec Announces Thermal Fragmentation Agreement With Newmont Mining US A
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Published in House and Home on Tuesday, October 27th 2009 at 17:15 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
VAUDREUIL-DORION, QUEBEC--(Marketwire - Oct. 27, 2009) - Rocmec Mining inc. (the "Company") (TSX VENTURE:RMI)(FRANKFURT:D5O), is pleased to announce that it has signed an agreement with Newmont USA Limited (Newmont USA) to implement its exclusive, patented Thermal Fragmentation Mining Method at Newmont's Midas underground mine, in Nevada, U.S.A.
Rocmec will employ its thermal fragmentation mining method to fragment ore and recover a narrow-vein stope over an initial distance of 600 feet (183m), which is currently available. The company aims to deliver the advantages of the thermal fragmentation such as reduced dilution, increased productivity, and lower production costs.
"Our agreement with Newmont USA is an important step in Rocmec's mission to spread the use of our innovative mining method," said Rocmec's president Donald Brisebois. "Rocmec is excited to be involved with one of the world's leading gold producers, and we will work diligently to ensure our partnership with Newmont USA is mutually beneficial."
About Rocmec Mining Inc.
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's shares are listed on the TSX-Venture (RMI) and the FSE (D5O) exchange.
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.
About Newmont
Founded in 1921 and publicly traded since 1925, Newmont ([ www.newmont.com ]) is one of the largest gold companies in the world. Headquartered in Colorado, the Company has approximately 34,000 employees and contractors, with the majority working at core operations in the United States, Australia, Peru, Indonesia and Ghana. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.
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.