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Gold/Mining/Energy : The Molybdenum Discussion Board

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From: LoneClone10/11/2006 10:05:00 PM
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Here are some excerpts from the RMKL Monthly Report for September. See cnq.ca for the full deal.

Further information is available at www.roxmark.com.

2. Provide a general overview and discussion of the activities of management.

The Company is extracting a 3,000 ton bulk sample of molybdenum ore to complete the evaluation of the commercial potential of reserves at the Nortoba-Tyson moly property. The access road to the deposit has been upgraded to facilitate the bulk sample operation. The required permits for mining and milling the bulk sample have been received and work activities are underway.

A scoping study on the gold properties will be completed prior to commencing the development program leading to production.


3. Describe and provide details of any new products or services developed or offered. For resource companies, provide details of new drilling, exploration or production programs and acquisitions of any new properties and attach any mineral or oil and gas or other reports required under Ontario securities law.

The contractor for mining the bulk sample has commenced the mining activities from surface at the Nortoba-Tyson property since August. Trucking ore to the mill has started. Processing of the tonnage will be carried out at the upgraded and fully permitted Northern Empire mill within the next few weeks.

Digitization of the data for all gold properties is progressing for the Northern Empire, Leitch-Sand River amd the Magnet mine. The scoping study will identify one property as a focal point for exploration and development. The work is being carried out under the supervision and direction of SRK Consulting Engineers and Scientists (Canada) Inc.
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