Roca Mines striving to resume production

Geotechnical work must be cleared by regulatory bodies and additional financing is needed to restart production

Roca Mines has finished a geotechnical program that surveyed area around the MAX molybdenum mine following the collapse of a sill pillar in September, 2010.

A monitoring program will soon be finished, which will be based on data collected from the geotechnical survey to be cleared through the BC Chief Mine Inspector in the near future.

"Data collected to this date shows no changes to the stability of workings or mine access," wrote Scott Broughton, Roca Mines CEO, in a press release.

Stope development and long-hole drilling are required to restart production, and company contractors are streamlining staffing and resources to ensure operations can begin when enough capital has been raised.

Once production restarts, company management wants to move forward on plans to expand production capacity by an additional 1,000 tonnes per day.

Production shut down after the sill pillar collapse and the company completed rehabilitation work by December. Private placement financing was sought last November and this past April, with SeAH Holdings Corp. being the latest investor to sign onto the project.