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Gold/Mining/Energy : Rocca Resources -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (5)2/3/1999 7:32:00 PM
From: TTfinancial  Read Replies (1) | Respond to of 48
 
Soon we will laughing all the way to the bank!



To: Mr Metals who wrote (5)2/9/1999 10:31:00 PM
From: Bruce Lock  Read Replies (2) | Respond to of 48
 
RRL looking better...

Closed today at $0.40 up $0.05 on heavier volume of 85,000 shares.

Have a look at their Web Site - roccaresources.com
as they recently put up four videos of their Argentina Oil
Shale property.


Market Depth and today's News Release below...

Bid and Ask

10,000 - 0.39 - 0.40 - 3,500
35,000 - 0.36 - 0.43 - 1,000
205,000 - 0.35 - 0.44 - 7,000
21,000 - 0.32 - 0.45 - 10,000
8,500 - 0.31 - 0.50 - 9,500

February 9, 1999

Rocca Resources Ltd

Rocca receives formal report on Leonardo

The company has received a formal report on the Leonardo mine from
its geologist Alex Burton. The complete report may be viewed on the
company's web site at www.roccaresources.com, or you may request a
copy via fax or mail from the company. The following are some
excerpts from the report:

The outcrops are elongated along strike. The Leonardo outcrop is
265 metres long on an east-west strike trend dipping to the south.
The outcrop strikes essentially west-southwest to east-northeast and
dips 40 degrees to 50 degrees to the south. There is a suggestion
that as the beds move further south from the massive older volcanics
that form the hillside they may flatten in dip.

About 500 metres to the east, an examination of the stereoscopic
photos suggest an erosional window through the fan gravel (due to
recent stream downcutting) to the Leonardo beds. Field investigation
proved this correct. There does not appear to be any fault offset on
this outcrop. The same beds extend at least four continuous kilometres
west of the Leonardo. It seems acceptable to suggest they could extend
east a considerable distance under the fan gravel.
A rubber tired tractor with backhoe was used to dig in overburden from
the last known hanging wall side of the oil shale beds exposed another
plus six metres true thickness of oil bearing beds. The trenching
stopped in overburden too deep to expose bedrock at that point.
That essentially doubled the thickness of the oil shale beds.

There is an oil seep in a cross gully near the western end of the
Leonardo outcrop that relates to the Leonardo oil shale beds.
There is another stronger oil seep to the north, uphill from the
Leonardo oil shale beds. As this second seep could not come from the
Leonardo beds, it must come from another set of oil shale beds lower
down in the section. There is another less well exposed oil seep further uphill from the second seep which may represent another set of oil shale beds.

The report concludes with the recommendation of further work
including the study of historical seismic surveys, further trenching,
and drilling. The company intends to follow these recommendations and
expects to announce a further work program upon Vancouver Stock
Exchange property approval.

Per:
Mr. David Hodge