Obtains Patent for Its Thermal Fragmentation Mining Method for Tanzania
posted on
Feb 09, 2009 12:14PM
An innovative process for mining narrow high-grade ore bodies
February 9, 2009 | |
Rocmec Obtains Patent for Its Thermal Fragmentation Mining Method for Tanzania | |
VAUDREUIL-DORION, QUEBEC--(Marketwire - Feb. 9, 2009) - Rocmec Mining inc. (TSX VENTURE:RMI)(FRANKFURT:D5O) is pleased to announce it has received confirmation that the patent filing pertaining to its thermal fragmentation process for Tanzania has been accepted. Tanzania is one of the fastest-emerging gold producers in Africa, and is now one of the three largest gold-producing countries of the continent. The country hosts several world class deposits, operated by large global companies and is considered a politically stable part of Africa. Tanzania's greenstone belt hosts many high grade vein-type deposits which are conducive to Rocmec's Thermal Fragmentation Mining Method. Listed below are the patents and patent filings currently held by Rocmec for its Thermal Fragmentation Mining Method: ---------------------------------------------------------------- Country Date Patent Number ---------------------------------------------------------------- United States July 5th, 2005 US 6,913,320 ---------------------------------------------------------------- United States March 27th, 2007 US 7,195,320 B2 ---------------------------------------------------------------- Canada March 14th, 2006 # 2,495,143 ---------------------------------------------------------------- Morocco October 3rd, 2005 # 27552 ---------------------------------------------------------------- South Africa July 14th, 2006 # 2005-4251 ---------------------------------------------------------------- Mexico May 25th, 2005 # PA/a/2005/005613 ---------------------------------------------------------------- Russia June 24th, 2006 # 2005120014 ---------------------------------------------------------------- Australia November 5th, 2003 # 2003285235 ---------------------------------------------------------------- Tanzania June 1st 2005 TZ/P/05/00085 ---------------------------------------------------------------- Brazil Patent pending ---------------------------------------------------------------- China Patent pending ---------------------------------------------------------------- (ii)PCT filed August 7th, 2008 15086301 PCT SC/sm ---------------------------------------------------------------- Rocmec announces that it has closed a non-brokered private placement with accredited investors of 5,080,000 units, at a price of $0.10 per unit, for gross proceeds of $508,000. Each unit is comprised of one flow-through common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder thereof to purchase one additional common share of Rocmec, at a price of $0.12 per common share, for a period of 24 months following the closing of the private placement. In connection with the private placement, a cash commission of $10,000 was paid to a person dealing entirely at arm's length with the Company. This private placement is subject to the final approval of the TSX Venture Exchange and of the regulatory authorities having jurisdiction on the Company's securities. The securities issued in connection with the private placements are subject to certain resale restrictions which require that the securities not be traded for a period of four months expiring on June 6, 2009. About Rocmec 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 narrow high-grade precious metal quartz vein properties. The Company is listed on the TSX Venture Exchange and trades under the symbol: RMI Rocmec's growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. Exploitation of narrow high-grade precious metal quartz veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer. The acquisition, development and future exploitation activities at the recently acquired Rocmec I (Russian Kid) property are an excellent example of this strategy. "Thermal fragmentation - an innovative process for mining narrow high-grade ore bodies" 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 |