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


To: TTfinancial who wrote (12)3/7/1999 9:22:00 PM
From: Mr Metals  Respond to of 48
 
Message 8196776

MM



To: TTfinancial who wrote (12)3/8/1999 7:25:00 AM
From: Mr Metals  Respond to of 48
 
Rocca Resources Ltd -
Rocca's new Argentine company duly registered
Rocca Resources Ltd RRL
Shares issued 2,667,649 1999-03-05 close $0.46
Monday Mar 8 1999

Mr. David Hodge reports
International inter company preparations are now confirmed as complete in Argentina, all part of the developing agreement with Grupo Economico Fenix S.A., the Mine Leonardo property vendor.
In anticipation of the required Vancouver Stock Exchange property approval, which is expected soon, the company has structured the following preparations for further development operations of Mine Leonardo.
The newly incorporated Argentina operations company, Grupo Minero Hallada S.A. (GMH S.A.), is now incorporated and duly registered according to both the national Companies Act and the Mendoza provincial Mining Law.
The first appointed corporate officers of GMH S.A. are Nelson R. Guzman, president, and Carlos A. Montero, vice-president.
In accordance with Argentine corporate and tax law, the corporate officers are required to be salaried employees of the company.
Sr. Guzman is a natural citizen of Argentina and is an experienced international business consultant and financial adviser. With permanent residence in the federal capital of Argentina, Buenos Aires, the president of GMH S.A. will draw on 32 years of continuous corporate policy liaison at the national government level to the benefit of the company. President Guzman shall be responsible for the operation of the company, reporting directly to the managing director.
Sr. Montero is also a natural citizen of Argentina, with permanent residence in the city of Mendoza. Prior to joining GMH S.A. the vice-president devoted 25 years of continuous service to the country as a foreign investment relations expert specifically related to the natural resource sector. Vice-president Montero shall be responsible for the general management of the company, reporting directly to the president.
The board of directors for Rocca Resources shall appoint the managing director of Grupo Minero Hallada S.A. in due course. The managing director of GMH S.A. shall carry out the mandate of, and report directly to the board of directors of Rocca Resources.
Argentina corporate and mining legislation guarantees 30 years of tax benefit to a foreign-owned national mining company, to which GMH S.A. now is qualified.
Further to serving Rocca's needs in connection with Mine Leonardo, GMH S.A. and its staff will spearhead exploration, evaluation and acquisition of other properties in Argentina. These activities will be focused on all types of mineral properties, including gold, copper, silver and industrial-based minerals.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

MM



To: TTfinancial who wrote (12)5/26/1999 1:37:00 PM
From: CIMA  Respond to of 48
 
Tue May 25, 1999

Leonardo Property Dropped


Symbol: RRL-V

Rocca Resources Ltd. (‘the Company’) would like to announce
that it has terminated its option on the oil-shale and bentonite property in
Mendoza, Argentina known as the Mine Leonardo. The Company maintains its
interest in their three gold properties, the AU claims (Merritt, B.C.), and the
AuByrd and Comm claims (Crowsnest Pass area, B.C.).

The Aubyrd 1 to 3 claims encompass approximately 10 square kilometers and
are contiguous with and immediately south of the Crowsnest Property of
International Curator Resources Ltd. and Eastfield Resources Ltd. where
exploration has outlined a large system of alkaline intrusions with broad
exploration potential. Grab samples of magnetite rich, intrusive breccia
averaged 8 grams per tonne gold with values as high as 630 grams per tonne
from the Crowsnest Property. COMM 1 to 4, encompass 20 square kilometers
near Commerce Peak and are approximately five kilometers from the
Crowsnest discovery. The COMM claims are underlain by rocks of the Purcell
Series, a Proterozoic aged assemblage of clastic sediments, dolomites and
andesitic lava flows; which have been intruded by Cretaceous alkaline plutonic
rocks. Previous reconnaissance type exploration in the area outlined three
major types of mineralization: copper-silver within quartzites and redbeds, gold
and silver associated with Cretaceous and intrusive rocks, with reported gold
values of over 34.28 grams per tonne gold and copper sulphide bearing quartz
carbonate veinlets crosscutting the Grinnell and Siyeh Formations. These
claims cover a complete aeromagnetic anomaly that coincides with a system
of alkaline intrusions.

The creation of a subsidiary (Commerce Resources Corp.) and the subsequent
dividend as described in the Company release dated May 11, 1999 is still
planned.

Rocca Resources is committed to maximizing shareholder value and as such
is considering all investment opportunities. As soon as there is a development
on any of these fronts, news will be released.

By mutual agreement, the investor relations contract with Barton Lawrence has
been cancelled.


ON BEHALF OF THE BOARD OF DIRECTOR


"David Hodge"

David Hodge
President
Rocca Resources Ltd.