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Company Information for Rocher Deboule Minerals Corp

Company stock charts - 6 Month chart

Exchange TSX.V; RD


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Company Statement

ROCHER DEBOULE MINERALS CORP. (TSX.V: RD) is a junior resources company with its headquarters in White Rock, part of the Greater Vancouver region of B.C. Canada. Originally incorporated as Ameridex Minerals Corp., since changing its name in September 2006 Rocher Deboule has developed into a multi mineral resources company. Its focus is on mineral properties and commodities used in the Steel Industry, expanding from its namesake Rocher Deboule property in British Columbia with the addition of Manganese properties in Arizona and British Columbia as well as 2 Niobium properties in B.C.

IOCG (Iron-Oxide-Copper-Gold) mineralization has become a focus of attention in mineral commodities since the discovery and development of enormous IOCG resources such as Olympic Dam (Australia), Candelaria (Chile) and Kiruna (Finland). The IOCG Target on the Rocher Deboule Property brings tremendous market potential into the company's portfolio of mineral resource holdings, and exploration is underway to confirm and define the scope of the IOCG resource, in addition to it's historical high-grade targets. 

Manganese is a commodity in demand, with the price per ton having seen a rise from $1,225 to over $4,000 during 2007. Rocher Deboule is poised to capitalize on the potential of this market with the acquisition in June 2007 0f the Artillery Peak Manganese Properties in Arizona, and the further addition of the 3 Manganese properties (Black Prince/ Junction Creeek/ Olson) in B.C.

STRONG MANAGEMENT:
The company is led by President and CEO Larry Reaugh, who has 42 years experience in the mining industry, is credited with several producing mines and has raised more than $60 million for mining exploration and development.

PROPERTY HIGHLIGHTS: 

  • IOCG - a newly-recognized deposit type with huge potential, evidenced by examples like Olympic Dam (reserves of 650 million tonnes)
     - Rocher Deboule Property in British Columbia 
  • Manganese - 302% price increase since end of 2006, reflecting growing market demand and supply scarcity
    - Artillery Peak Manganese Property in Arizona - largest known manganese reserve in USA
    - 3 Manganese Properties in B.C. 
  • Niobium - rising demand in its use in steel alloys, niobium is also finding its way into widespread component manufacture in electronics
    - Brent & Lonnie Niobium Properties in B.C.


Current Operations

Roche Deboule's expanding range of multi mineral resources are focused on building a metal portfolio attractive to the Steel Industry. Properties in British Columbia includes the namesake Rocher Deboule property, with four historical operations and several additional exploration targets. A vital component of the property is the IOCG target (Iron-Oxide-Copper-Gold), a mineralization type made famous by the mammoth Olympic Dam deposit in Australia (with resources of nearly 4 billion tonnes) and Candelaria mine in Chile (300-500 million pounds of copper per year).

Manganese is a commodity in demand, with the price per ton having seen a rise from $1,225 to over $4,000 since 2006 year-end. Rocher Deboule is poised to capitalize on the potential of this market with the acquisition in June 2007 of the Artillery Peak Manganese Properties in Arizona, as well as the acquisition in July 2007 of the Black Prince, Junction Creek and Olson Manganese Properties in British Columbia.

BRITISH COLUMBIA
Properties in British Columbia includes the namesake Rocher Deboule property, with four historical operations (Rocher Deboule Mine, Victoria Mine, Highland Boy Mine and Cap) as well as several additional exploration targets. A vital component of the property is the IOCG target (Iron-Oxide-Copper-Gold), a mineralization type made famous by the mammoth Olympic Dam deposit in Australia (with resources of nearly 4 billion tonnes) and Candelaria mine in Chile (300-500 million pounds of copper per year). Check our Mineral Resources page for more information on IOCG.

Indicative of it's growing profile as a diversified resource company, Rocher Deboule properties in British Columbia also include Niobium (Lonnie and Brent Claims), as well as Manganese (Black Prince, Junction Creek and Olson Properties) to complement Rocher Deboule's bold play into the Manganese market with the acquisition in June 2007 of the Artillery Peak Manganese Properties in Arizona.

British Columbia –

  • Iron-Oxide-Copper-Gold: Rocher Deboule Property - 8051 hectares (19,896 acres), gold/ silver/ copper/ cobalt/ tungsten property. Four previous operations, plus new exploration targets.
  • Niobium:  Lonnie Carbonatite Claims - 2,735 hectares (6,756 acres); Brent Claims - 742 hectares (1704 acres). 
  • Manganese:  Black Prince - 365 hectares; Junction Creek - 182 hectares; Olson - 182 hectares.

ARIZONA

ARTILLERY PEAK Manganese :
The properties in Mohave County, Arizona encompass historical open-pit and underground mines that produced manganese from 1928 to 1955 for delivery to various steel mills and U.S. government strategic materials stockpiles. In his original NI43-101 report (May 30, 2007), Norm Tribe states that "a field estimate by NT&A and supported by earlier writers for the Bureau of Mines would indicate that there are in excess of one hundred million tonnes of manganese bearing material grading in the order of 10% or 200 pounds per tonne of contained manganese."

Manganese prices increased over 300% from US$1,225 per ton to US$4,150 per ton during 2007. Manganese is used in the production of iron and steel and has no known effective substitute in steel-making.

DEVELOPMENTS:
  • April, 2009 - updated NI 43-101 completed for Artillery Project: Indicated: 1 billion lb. Mn, Inferred: 9+ billion lb. Mn (updated NI 43-101 report available shortly) 
  • October 2008 - Rocher completed the assembly of all target properties in the Artillery Peak manganese district. Encompassing 12 sq. miles, the assembled project contains a historical resource estimated at 175,000,000 tons grading 3.5 - 4.0 % Manganese.
  • May 2008 - a new NI 43-101 resource calculation/ report was completed: 772 million lb. manganese.
  • February 2008 - the Company completed a 17-hole drill program, with assay results as high as 12.5% Mn over 10', and 4.02% Mn over 90'. (Mn Assay Map link to the right.)

The Manganese Properties contain several abandoned open pit mines, underground mine workings and stockpiles. The following mines have produced manganese in the past for delivery to various steel mills and the U.S. government strategic materials stock piles. These mines make up part of the Company’s holdings:

1. The McGregor Pit and McGregor Group (includes the Black Jim Lode);
2. The Black Crow Mine and Claim Group;
3. The Psilomelane (Love Mine & Prospects);
4. The Black Warrior Mine;
5. The Hurley Mine & Claim Group;
6. The Plancha Claim Group (Planch Mountain);
7. The Alamo Queen & Unpatented Claim Group;
8. Parts of The Rudy Claim Group (West of Alamo Queen);
9. The Javelina Group (In Section 17 & 18, T11N, R13W);
10. Mesa No. 5 and Mesa No. 27 in the Maggie Wash Area.



Board of Directors and Key Management

LARRY W. REAUGH President & CEO, Director
ANDRIS KIKAUKA P. Eng. - Director
EDWARD LEE Director
PAUL HILDEBRAND Director
KENNETH WRIGHT Chief Financial Officer
TERESA PIORUN Corporate Secretary

Company Address

2A 15782 Marine Drive
White Rock, British Columbia, Canada V4B 1E6

Telephone:(604) 531-9639
Facsimile:(604) 531-9634
Website:http://www.rdminerals.ca

Additional Address/Key Contact

Investor Relations:
Larry W. Reaugh
President & CEO/Director
email: lwreaugh@goldrea.com
(604) 531-9639

Capital

Authorized Capital: 100,000,000
Shares Outstanding: 32,299,225
Fully Diluted: 35,374,225


Most Recent Statement

12/06/09 - Increased Private Placement Closes
10/06/09 - Private Placement Increased for 2nd Closing
27/05/09 - NRC Research Funding for Manganese Recovery

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