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Rocmec Increases Measured and Indicated Resources at Its Rocmec 1 Gold Property


Published on 2010-05-20 13:30:42 - Market Wire
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VAUDREUIL-DORION, QUEBEC--(Marketwire - May 20, 2010) - Rocmec Mining inc. (the « company ») (TSX VENTURE:RMI) (FRANKFURT:D5O) is pleased to announce results of revised NI43-101 resource calculation report prepared by SGS Geostat regarding its Rocmec 1 gold property located in Rouyn-Noranda, Quebec. This report will be available on SEDAR ( [ www.sedar.com ] ) in the coming days.

The drilling results from 2010 have delineated measured and indicated resources of the Boucher and Boucher 2 structures totalling 22,700 ounces respectively the Boucher Structure of 58 700 tonnes at 5.46 g/tAu totalling 10,300 ounces and the Boucher 2 structure of 31,500 tonnes at 12.20g/t Au totalling 12,400 ounces with a cut-off grade of 3 g/t This is the first time that Rocmec obtains this type of resource category for the structure that was discovered in 2006. The Boucher vein has now been indentified over a distance of 450 meters in length, at depths of 450 meters and remains open in all directions.

In summary, by viewing the classification table of global resources below, prepared with a cut-off grade of 3 g/t, an industry standard. The resources measured/indicated now total 570,300 tons at 6.52 g/t or 119,500 ounces vs. 477,400 tons to 5.59 g/t or 85,900 ounces as announced in the press release dated March 3rd 2010.

Vein/StructureClassificationTonnageAuOzAverageVolumeSurface
(g/t)(31.103 g)Thickness (m)(m3)(m2)
McDowellmeasured*(M)73 1007.3317 2000.8327 10032 600
indicated(I)159 9005.9930 8000.6659 20090 000
Total (M+I)233 0006.4148 0000.7086 300122 600
Inferred394 2004.5057 0000.74146 000197 400
* Historical Mining and 2008/2009 Bulk sampling removed from these numbers.
ShaftMeasured (M)20 7006.684 4000.527 70014 700
indicated(I)116 2005.7921 6000.5643 00077 100
Total (M+I)136 9005.9226 1000.5550 70091 800
Inferred253 5008.2467 2000.5993 900159 600
TalusMeasured (M)31 1006.246 2000.8811 50013 100
indicated(I)79 1006.5016 5000.7029 30041 900
Total (M+I)110 2006.4322 8000.7440 80055 000
Inferred215 7007.5752 5000.6279 900129 800
BoucherIndicated58 7005.4610 3000.8621 70025 400
Inferred348 1009.94111 2000.91128 900141 600
Boucher 2Indicated31 50012.2012 4000.5711 70020 600
Inferred272 9007.2063 1000.92101 100110 300
Talus 2Inferred18 0005.283 1001.256 7005 300
Front WestInferred8 50018.415 0000.653 1004 300
T1Inferred60010.582000.39200600
T2Inferred50018.423000.33200600
T3Inferred5004.361000.35200600
Vein/StructureClassificationTonnageAuOzAverageVolumeSurface
(g/t)(31.103 g)Thickness (m)(m3)(m2)
TotalMeasured124 8006.9527 9000.7746 20060 300
Indicated445 4006.4091 6000.65165 000255 000
Total570 3006.52119 5000.67211 200315 300
Inferred1 512 4007.40359 6000.75560 100749 900

Bloc extraction parameters

The T1, T2 and T3 blocks were estimated as individual blocks of definite volume. SGS used mineralized intervals of a minimum of 0.3m horizontal width for all of the structures. The 0.3m minimum width was selected according to the mining method used by Rocmec which is thermal fragmentation, extracting narrow structures and veins with a minimum of 0.3m (true width).

The grade of the composites were extrapolated to a radius of about 25m by 25m, taking into account its horizontal thickness. Estimating block was in contact only overburden or contacts as well as topographical boundaries of mining.

Polygonal parameters

The Front West and Talus 2 structures were estimated using a polygonal estimation method. SGS used mineralized intervals of a minimum of 0.3m horizontal width for all of the structures. The 0.3m minimum width was selected according to the mining method used by Rocmec which is thermal fragmentation, extracting narrow structures and veins with a minimum of 0.3m (true width).

The composites graces were extrapolated on a 35m radius.

The estimation was restricted to the overburden or topographic contact as well as the laim boundaries.

Bloc Model parameters

Block modeling was done on the Boucher, Boucher 2, McDowell, Shaft veins/structures. SGS used mineralized intervals of a minimum of 0.3m horizontal width for all of the structures.The 0.3m minimum horizontal width was selected according to the mining method used by Rocmec which is thermal fragmentation, extracting narrow structures and veins with a minimum of 0.3m (true width). The block model is estimated within Rocmec's claims and restricted to the overburden or topographic contact. The claims are considered in good standing. However SGS did not do an extensive status verification of Rocmec's claims. Coordinates used are in local mining grid. A maximum elevation level of 9990m was used since no topographic surface is available for the moment. A different set of 2D composites was used for the estimation of the Boucher and Boucher 2 structures from the rest of the Rocmec 1 structures. A specific gravity of 2.7 was used. Normal inversed distance was used for the estimation. The estimated resources were classified in accordance with the specifications of the 43-101 Policy, namely in measured, indicated, and inferred resources. Classification was done according to the density of drilling and level of confidence of the data.

Classification

The estimated resources were classified in accordance with the specifications of the 43-101 Policy, namely in measured, indicated, and inferred resources. Classification was done according to the density of drilling and level of confidence of the data.

Measured Category

An outline was drawn and used in the block modeling software in the vicinity of existing underground openings.

Indicated Category

An outline was drawn and used in the block modeling software in the neighbouring of existing openings and closed spacing intersects, according to the amount of available intersects.

Inferred Category

An outline was drawn and used in the block modeling software within the perimeter of the modeled zone and recognized by at least a pierce point.

Maxime Dupéré, geo., from SGS Canada Inc., a qualified person under the guidelines of National Instrument 43-101 is the qualified person responsible for the technical information in this press release.

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 ]

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 high-grade narrow vein precious metal properties. The Company's shares are listed on the TSX-Venture (RMI) and the FSE (D5O) exchange.

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.

Please visit us on the web at [ www.rocmecmines.com ]


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.