Rochester Reports on Exploration Program, 2010
05 August 2010 - 10:00PM
Marketwired Canada
Rochester Resources Ltd. (TSX VENTURE:RCT)(FRANKFURT:R5I) is pleased to announce
that the previously announced diamond drilling program at its Mina Real property
continues to return positive results.
Five diamond drill holes have been completed on the Florida NW Vein.
Significant intersections are as follows:
Hole From To Interval Gold Silver
m m m g/t g/t
FLNW01-10 45.61 46.19 0.78 1.78 18.0
FLNW02-10 No Significant Assay
FLNW03-10 110.60 111.60 1.00 0.96 33.0
FLNW04-10 48.33 49.09 0.76 0.80 less than 10
FLNW05-10 No Significant Assay
These are downhole intersections and true widths have yet to be determined.
The Florida NW Vein is located approximately 1,000 metres to the north of the
Tajos Cuates, and trends north-northwest, roughly parallel to the structure
which hosts the Tajos Cuates Vein.
The Mina Real Project is underlain by a complex of Tertiary-age felsic volcanic
and tuffs cut by intrusions of similar composition. Alteration varies from
narrow zones adjacent to mineralized veins, to broad zones of moderate to
intense clay alteration. The broad zones of clay alteration have drill
intersections of at least 50 metres.
The mineralized veins trend northwest to north-northwest, with local
northeast-southwest trending offsets. These offset structure/veins locally carry
gold and silver values. The northwest trending veins are found in shear zones,
which vary in width from 2 or 3 metres to broad zones of shearing that represent
regional shear zones.
The veins vary in width from a few centimetres to maximum widths of
approximately 2 metres and are generally composed of quartz. Individual veins
may be single quartz veins or multistage quartz veins, often brecciated and/or
sheared. The contact with the wallrock typically is intensely sheared and
broken.
"The Florida NW Vein is one of at least six northwest to north-northwest
trending vein systems identified on the Mina Real project," states Eduardo Luna,
President and CEO, "which confirms our belief that the Mina Real property covers
multiple, well mineralized vein systems. The current diamond drill program is
designed to evaluate the priority vein systems and to continually develop
resources for the ongoing mining. We are pleased with the results to date and
look forward to continued success with the drilling."
Additional drill results are being compiled and will be released as they become
available.
Andrew Gourlay, P. Geol., is the Qualified Person who has reviewed the technical
disclosure in this news release. All samples are prepared and analyzed by the
SGS de Mexico, S.S., laboratory in Durango, Mexico, an ISO certified and
independent laboratory. Standard reference materials, blanks and field duplicate
samples are inserted prior to the shipment from site to monitor the quality
control of analytical data.
ON BEHALF OF THE BOARD
Eduardo Luna, President and CEO
About Rochester Resources Ltd.
Rochester represents a pure-play in the exploration and development of
high-grade gold and silver properties located in Nayarit, Mexico. The Company is
a niche player in Mexico which has assembled an attractive portfolio of
properties in the Sierra Madre Occidental Range. This is the largest epithermal
precious metal region in the world, hosting the majority of Mexico's large
tonnage gold and silver deposits. Current production helps generate cash flow
and helps fund our ongoing exploration and development. Rochester is well
positioned to advance its Projects and can very quickly become a significant
player in Mexico. Rochester has a strong senior management team based in Mexico,
a workforce in place to advance its projects through to mine development, and
strong financial backing to implement and advance our work programs.
Forward Looking Statements
This Company Press Release contains certain "forward-looking" statements and
information relating to the Company that are based on the beliefs of the
Company's management as well as assumptions made by and information currently
available to the Company's management. Such statements reflect the current
risks, uncertainties and assumptions related to certain factors including,
without limitations, competitive factors, general economic conditions, customer
relations, relationships with vendors and strategic partners, the interest rate
environment, governmental regulation and supervision, seasonality, technological
change, changes in industry practices, and one-time events. In addition, the
Company has not conducted an independent feasibility study on the Mina Real
project which may increase the risk that the planned operations are not
economically viable. Should any one or more of these risks or uncertainties
materialize, or should any underlying assumptions prove incorrect, actual
results may vary materially from those described herein.
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