MOLYBDENUM MINING – MAX ships first concentrate

BRITISH COLUMBIA - The first shipments of molybdenum concentrates have left the MAX mine, according to owner ROCA M...
BRITISH COLUMBIA - The first shipments of molybdenum concentrates have left the MAX mine, according to owner ROCA MINES of Vancouver. As of Dec. 10, 2007, concentrate containing 37,800 lb of moly have been purchased by Derek Raphael & Co.

Mill and concentrator operations at MAX are ramping up to capacity by processing stockpiled development material located adjacent to the mill facility. Once process optimization is completed, operations will continue utilizing direct feed ore-grade material from the underground mine. To date, the mill has attained approximately 94% availability. The concentrator has achieved recoveries up to 96.5%, with average recoveries through startup of approximately 85% from the stockpiled material.

The permitted Phase One mine plan for MAX will focus on the deposit's high-grade zone containing 280,000 measured and indicated tonnes grading 1.95% MoS2. The mine is located 60 km southeast of Revelstoke.

Photos commemorating the first concentrate shipment are posted at www.RocaMines.com.

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