ROCA Reports First Quarter Results

About this update from Rok Resources, Inc. Class B

[{"type":"text","content":"\n\n\n\n Jan. 28, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX.V: ROK\n\n\nVANCOUVER, Jan. 28 /CNW/ - Roca Mines Inc. (TSX-V: ROK) ("Roca" or "the Company") has released its financial results for the\n three months ended November 30, 2010, including production and sales\n from the MAX molybdenum mine located in British Columbia, Canada.  All\n dollar amounts are stated in Canadian dollars unless otherwise\n indicated.\n\n\nMAX Molybdenum Mine - Production Results and Concentrate Sales\n\n\nRevenues of $861,679 for the three months ended November 30, 2010 result\n from shipments of approximately 69,000 lbs contained molybdenum during\n the period and reflect final and/or estimated final pricing at\n period-end. The Company sells its concentrates to a UK-based buyer with\n final sales revenues based on average prevailing molybdenum oxide\n prices in periods subsequent to delivery. The table below is a summary\n of the average operating statistics for the quarter ended November 30,\n 2010:\n\n\n\n\n\n \n \n\n\n\nMAX Mine Statistics\n\n\nQ1-2011\n\n\n\n\n \n\n\nSEPT '10\n\n\nOCT '10\n\n\nNOV '10\n\n\nTOTAL\n\n\n\n\nMolybdenum Produced (lbs)1\n\n\n54,923\n\n\n-\n\n\n-\n\n\n54,923\n\n\n\n\nAverage Head Grade (% Mo)\n\n\n0.27\n\n\n-\n\n\n-\n\n\n \n\n\n\n\nMolybdenum Recovery (%)\n\n\n96.4\n\n\n-\n\n\n-\n\n\n \n\n\n\n\nMill Availability (%)\n\n\n95.6\n\n\n-\n\n\n-\n\n\n \n\n\n\n\nAverage Daily Throughput (tpd)\n\n\n2682\n\n\...

More updates from Rok Resources, Inc. Class B