Rock Energy announces increase in gold sales revenue
Tuesday, Nov 20, 2012
HOUSTON, Nov. 19, 2012 /PRNewswire/ -- Rock Energy Resources, Inc. (OTCQB: RCKE) announced today that gold sales from the Mancos, Colorado Red Arrow Mine made during the first two weeks of November, has generated $45,000 in revenue. We have been able to increase sales each week from $14,500 the last week of October, $15,600 for week 1 of November to $25,400 the week of the 14th of November. We will continue to increase as we become more familiar with the new equipment and increase our operating work week from the current 50 hours per week to a 24/7 basis.
Rocky Emery, Chairman and CEO of Rock Energy stated, "I am encouraged by these results after spending time last week up at the mine and also at our milling location. We will now begin adding new equipment and more employees both at the mine and at the milling location. The progress over the first 10 months is nothing short of amazing. We have taken this property from mothballs to production when most companies spend years to achieve the same results. I want to thank the employees on the ground that have worked so hard to make this happen. They are a unique group of highly motivated and talented men."
SOURCE Rock Energy Resources, Inc.
Other Mining News
- Besra resumes operations at the Phuoc Son Mine in Vietnam after a temporary shutdown
- Fortuna discovers new high grade vein at Caylloma mine drilling intercepts 1.7 meters of 105 g/t Ag and 21 g/t Au
- Pöyry appointed to deliver EPCM services for concentrating plant expansion project at Kittilä gold mine
- Corvus Gold secures electrical power at the North Bullfrog project, Nevada, announces Director Departure