Rocmec Mining Inc.
TSX VENTURE : RMI

Rocmec Mining Inc.

August 29, 2007 11:05 ET

Rocmec Mining inc./Thermal Fragmentation: Growing Process in Mining Word

POINTE-CLAIRE, QUEBEC--(Marketwire - Aug. 29, 2007) - Rocmec Mining inc. (the "Company" or "Rocmec") (TSX VENTURE:RMI) (FSE:D50) is pleased to provide an update on the ongoing development of its Rocmec 1 property.

The bulk sampling programme is well underway and operations are in line with management's expectations. The mining contractor, Dumas Contracting completed on-site mobilisation in mid-August and immediately commenced drifting in a westerly direction on the 90-110 and 130 metres levels. A total of approximately 190 metres of development drifting should be completed every month when the labor force will be fully operational.

As of June 30th, 2007, the Company had shipped a total of 5,167 tonnes of mineralised rock, derived mostly from development drifting, to the Xstrata copper refinery located in Rouyn-Noranda, Quebec for gross proceeds of $228,000. Management is confident that revenues will increase in the very short term considering the addition of Block C between the 50 and 90 metre levels which is now fully operational. This stope will be followed by stopes that are currently undergoing preparatory work for thermal fragmentation. The additional stopes will enable the Company to double the amount of mineralised rock transported to the refinery before the end of the last quarter of 2007.

Furthermore, a surface drill campaign is underway in order to verify the mineralised structures that are located north of the property. These same structures were intercepted on the 90 metre level during the last drill campaign.

Finally, over the past months a number of mine site visits to the Rocmec 1 property were organized. Various industry participants included CEO's, COO's, mine managers, mining engineers, mining analysts, brokers and investors. With the thermal fragmentation mining method now demonstrated, management is confident that it will enter into a JOA (joint operating agreement) and/or a service contract agreement in the very near future. On the acquisition side, management is pursing its objective of building Rocmec Mining Inc. into a mid-tier size gold producer within the next 5 years, producing between 150,000 - 200,000 ounces of gold per year.

"Interest for our mining method is increasing almost daily and we are extremely pleased with very positive comments from the industry experts who witnessed first hand the simplicity, efficiency and versatility of our patented thermal fragmentation method" states Mr. Donald Brisebois, President and CEO of Rocmec.

About Rocmec 1

The Rocmec 1 property is located in the Dasserat Township, some 36 kilometers west of Rouyn-Noranda in the Abitibi region of Quebec, in close proximity to two World-Class Mining Camps, the Rouyn-Noranda Copper Gold Camp to the SE in Quebec, and the Kirkland Lake / Larder Lake Gold Camp to the SW in Ontario.

The gold mineralization at the Rocmec 1 property is linked to east-northeast, centimetric and metric wide quartz veins, dipping moderately to steeply to the south, within a kilometric long by 600 meter wide gabbro to granodiorite intrusive host. There are at least six major vein systems identified on the property; however recent underground work by the Company has confirmed that several veins are likely part of the same system, simply offset by north trending faults. The veins are part of diverging / converging or anastomosing fracture system than includes shearing, alteration (silica, chlorite, sericite, epidote and carbonate) and 2 to 10% disseminated and vein-type pyrite that can attain overall widths in excess of 30 meters.

The best known vein system is termed the McDowell Zone that may include three different vein sets, and has been recognized over a 1,660 meter long strike length, to a 317 meter depth, carrying an average of 6.07 g/t gold capped at 45 g/t over a 0.82 meter horizontal width.

The Company is planning an extensive drill program later in 2007 to test the down-dip extensions of all the mineralization zones to the -400 m vertical depth, and to outline higher quality gold resources more in-line with other gold systems in the Gold Mining Camps of the region.

The resource estimate report, dated 19 March 2007, was prepared by Systemes Geostat International Inc. of Blainville, Quebec, Canada ("SGII") for the Company for the purpose of providing technical data relating to the quantified mineral resources compliant with NI 43-101 standards of disclosure. The report is available on www.sedar.com.

About Rocmec Mining

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 places it as the partner of choice for the development of narrow high-grade precious metal quartz vein projects. The Company's shares are listed on the TSX-Venture (RMI) and the FSE (D5O) exchange. The company's growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value.

"Thermal fragmentation - the way of the future for mining narrow high-grade veins "

The development and mining of narrow high-grade vein deposits with its exclusive thermal fragmentation process should enable the Company to demonstrate the economic plus-value of this technology. The acquisition, exploration and mining development at the recently acquired Rocmec 1 (Russian Kid) property subscribe to this objective.

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

Statements in this release that are not historical facts are " forward-looking statements " within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these " forward-looking statements ". The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rocmec Mining Corporation Inc.
    Mr. John Stella
    Investor relations Manager
    514-428-4185 or 514-718-7976 (cell)
    514-630-6989 (FAX)
    jstella@rocmecmines.com
    or
    Paradox Investor Relations
    866-460-0408
    514-341-1527 (FAX)
    infoparadox@qc.aira.com