MOLYBDENUM EXPLORATION – Permit issued for Max work

BRITISH COLUMBIA - ROCA MINES of Vancouver has received a provincial permit to rehabilitate the underground working...

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BRITISH COLUMBIA - ROCA MINES of Vancouver has received a provincial permit to rehabilitate the underground workings of the Max molybdenum mine and conduct infill diamond drilling. The project is located 60 km southeast of Revelstoke.

The infill drilling program will target the upper High Grade zone so that a mining plan can be developed using ramp access from the existing adit. Samples will also undergo metallurgical testing. The cost of the project is approximately $975,000. A technical report on the project is available at www.RocaMines.com.

Roca anticipates that the Max property can be fast-tracked to become a 500-tonnes/day, high-grade mine and mill. At a cutoff grade of 0.5% MoS2, there are measured and indicated resources of 1.38 million tonnes grading 0.94% MoS2.

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