TORONTO, CANADA--(Marketwire - March 4, 2010) - Rockex Limited (unlisted) is pleased to announce that it will be present at the Toronto Prospector and Developers Association of Canada (PDAC) convention commencing Sunday March 7th continuing until Wednesday March 10th. The Company will be sharing a booth with MetalCORP Limited, booth number 2952 in the Investor's Exchange area of the Metro Toronto Convention Centre, South Building.
Rockex invites all its shareholders and any interested parties to visit the booth and meet with the Company's management, board and advisors and learn more about the Company's plans to advance its exciting Lake St. Joseph iron ore property. Members of the Company expected to be present, include:
Mr. Thomas Atkins, President and CEO;
Ms. Naomi Nemeth, Vice President Corporate Development and Investor Relations;
Mr. Pierre Gagne, Chairman and Director;
Mr. Gilles Filion, Technical Advisor; and
Mr. Donald A. Sheldon, Advisor.
Update on Activities
Rockex continues to advance its understanding and confidence in the iron mineralization hosted within the Lake St. Joseph deposit. Coincident with the technical work, the Company is advancing its objective of becoming a publicly traded company with its shares listed for trading on the Toronto Stock Exchange. As part of the public listing process the Company is advancing completion of a NI 43-101 technical report on the Company's principal property, the Lake St. Joseph iron ore deposit, advancing a new NI 43-101 compliant mineral resource for the property and intends to complete a preliminary economic assessment on the project.
The Lake St. Joseph property underwent extensive exploration, engineering and economic assessment during the 1960's and 70's primarily by Algoma Steel. Rockex recently acquired all historical data from Essar Steel Algoma Inc. from the work completed by Algoma Steel, including all historical technical reports and 10,500 metres of historical diamond drill core. The Company expects that this data will greatly assist in the Company's updated mineral resource study and preliminary economic assessment and do so at enormous savings should the Company have had to acquire this data from its own work and investment.
About Rockex Limited
Rockex is a new, and as yet unlisted, mineral exploration and development company focused on its 100% owned Lake St. Joseph iron ore deposit in northwestern Ontario. The Lake St. Joseph property is located approximately 100 kilometres northeast of Sioux Lookout and 80 kilometres southwest of Pickle Lake, Ontario.
Rockex is in the process of establishing NI 43-101 compliant mineral resources within the Lake St. Joseph iron ore deposit based on historical data, including drill core, drill data and metallurgical test work and some recent drilling completed by Rockex. The company aims to have its shares listed on the Toronto Stock Exchange in 2010, upon the completion or significant advancement of the preliminary technical work.
To find out more about Rockex Limited and to sign up to receive future press releases, please visit the Company's website at www.rockexmining.com.