Nevada Prospect
The McVicar Lode Mining Claim is comprised of one located claim with an area of 20 acres located in the Goodsprings (Yellow Pine) Mining District situated within the southwest corner of the State of Nevada, U.S.A. The McVicar Lode Mining Claim covers some former exploratoryworkings on a mineral showing.The Yellow Pine Mining District, although less famous than many of the other mining districtsof the Great Basin, nevertheless ranks second only to Tonopah in total Nevada lead and zinc production. During World War I this district was one of the most productive mineral producers in the west; but by the end of World War II only a few mines remained in operation.
The region is also known for its historic production of lead, zinc, silver, and gold.
The favorable host rock for the indicated mineralization on the McVicar Lode Mining Claim is indicated as a limestone. Although information on the mineralization at the McVicar Mine is not known, the mineralization at the Root Mine within one mile to the northeast is reported as hydrozincite, calamine, and cerussite; galena occurs as residual pods in masses of cerussite. Production from the Root Mine is reported as 3,896,057 lbs of zinc, 858,055 lbs of lead 20,783 oz of silver, 44,002 lbs copper and 27 oz of gold.
Press Release Source: Rostock Ventures Corp. On Tuesday May 4, 2010, 3:01 am EDT
SAN DIEGO, CALIFORNIA--(Marketwire - 05/04/10) - Rostock Ventures Corp. (the "Company") (OTC.BB:ROSV - News) is pleased to provide an update of its operations and corporate activities.
In October 2009, the Company appointed new management. Since the appointment of new management, the Company has been evaluating its current projects, the McVicar Lode Mining Claim located in Southern Nevada and the Yukon Project located in the Tintina Gold Belt in Yukon, Canada.
During the first few months of 2010, the Company has been focused on completing its Annual Report on Form 10-K, and more recently, has been working on its Form 10-Q for the period ending March 31, 2010, which should be filed on or before May 15, 2010.
"Now that we have our Annual Report filed, we are committed to the evaluation and continued development of our projects," stated Luis Carrillo, President and CEO of the Company.
The Yukon Project, which was acquired by the Company in July 2009, is approximately 3200 contiguous acres and lies within the globally prolific mining region known as the Tintina Gold Belt. Notably, the Tintina Gold Belt includes the White Gold project which is held by Underworld Resources Inc., which has recently executed a letter of intent to be acquired by Kinross Gold Corporation.
Though as of yet unknown, the Company believes that its Yukon Project may have characteristics similar to other developed projects in the Tintina Gold Belt. "We are particularly excited about our Yukon Project and its potential for development," added Carrillo.
Managment is currently evaluating the next phase of operations on the Company's projects, and will provide a further update once additional details are available.
For additional information, please visit http://www.rostockcorp.com/
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