News for 'RCKE' - (Rock Energy Announces the Appointment of Richard Eaman to Coordinate Gold and Other Precious Metals Sales)
HOUSTON, Apr 05, 2012 (BUSINESS WIRE) -- Rock Energy, Inc. (OTCQB: RCKE)
announced today the appointment of Richard Eaman, Professional Extractive
Metalurgist, to coord! inate and execute Rock Energy’s
bullion production and sales process at the Mancos Colorado Red Arrow mine. Mr.
Eaman has 38 years of domestic and international experience in process research,
project management, design and production facilities for the minerals industry
including smaller scale mining operations to gold operations for Newmont Mining.
Commenting on the engagement with Rock Energy, Mr. Eaman stated,
“Over the past several years I have done extensive
analysis on the minerals from the Red Arrow Mine and am excited to be a part of
the company by taking the concentrates and producing the bullion products to
their point of sale. As I have stated in earlier reports on work I have done at
Red Arrow, this is one of the most attractive projects I have seen in my 38 year
career in the mining industry.
Rocky Emery, Chairman and CEO of Rock Energy added,
“This is an exciting time for us with the commence! ment
of bullion sales later this month. Our increased milling capac ity coming on line
this month will provide us a steady ramp-up in our cash flows to bring us cash
flow positive within the next 4-5 months. Having Richard work with us on this
critical aspect of our development is a great value added for our
shareholders.”
Cautionary Statements
CAUTIONARY STATEMENT REGARDING FUTURE RESULTS AND FORWARD-LOOKING STATEMENTS:
This Web site and press release contains information, including statements as to
the Company’s future financial or operating
performance, that constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which statements are intended to be
covered by the safe harbor created by such sections and other applicable laws.
All statements, other than statements of historical fact, are forward-looking
statements. The words "believe", "expect", "ant! icipate", "contemplate",
"target", "plan", "intends", "continue", "budget", "estimate", "may", "will",
"schedule" and similar expressions identify forward-looking statements.
Forward-looking statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by the Company, are inherently
subject to significant business, economic and competitive uncertainties and
contingencies. Known and unknown factors could cause actual results to differ
materially from those projected in the forward-looking statements. Such
forward-looking statements include, without limitation: (i) estimates of future
mineral production, results and sales; (ii) estimates of future costs applicable
to sales, other expenses and taxes, for specific operations and on a
consolidated basis; (iii) estimates of future capital expenditures,
construction, production or closure activities; (iv) statements regarding future
exploration ! potential, asset potential, potential resource expansion and
target ed production; (v) estimates and expectations regarding reserves,
nonreserve mineralization and potential ounces; (vi) statements regarding
fluctuations in capital and currency markets; (vii) statements regarding
potential cost savings, productivity, operating performance, and cost structure;
(viii) expectations regarding the development, growth, mine life, production and
costs applicable to sales and exploration potential of the Company's projects;
and (ix) expectations regarding the impacts of operating technical or
geotechnical issues in connection with the Company's projects or operations.
Estimates or expectations of future events or results are based upon certain
assumptions, which may prove to be incorrect. Such assumptions, include, but are
not limited to: (i) there being no significant change to current geotechnical,
metallurgical, hydrological and other physical conditions; (ii) permitting,
development, operations and expansion o! f the Company's projects being consistent
with current expectations and mine plans; (iii) certain price assumptions for
gold, copper and oil; (iv) certain effective tax rate assumptions (v) prices for
key supplies being approximately consistent with current levels; and (vi) the
accuracy of our current mineral reserve and mineral resource estimates. Where
the Company expresses or implies an expectation or belief as to future events or
results, such expectation or belief is expressed in good faith and believed to
have a reasonable basis. However, forward-looking statements are subject to
risks, uncertainties and other factors, which could cause actual results to
differ materially from future results expressed, projected or implied by such
forward-looking statements. Such risks include, but are not limited to, gold and
other metals price volatility, currency fluctuations, increased production costs
and variances in ore grade or recovery rate! s from those assumed in mining plans,
political and operational ris ks in the jurisdiction in which we operate, changes
in governmental regulation, including taxation, environmental, permitting and
other regulations, and judicial outcomes The Company does not undertake any
obligation to release publicly revisions to any "forward-looking statement," to
reflect events or circumstances after the date of publication, or to reflect the
occurrence of unanticipated events, except as may be required under applicable
securities laws.
SOURCE: Rock Energy Resources, Inc.
CONTACT:
Rock Energy Resources, Inc.
Rocky V Emery, 832-301-5968
Cell: 832-691-7991
Chairman & CEO
Managing Member American Patriot Gold
www.americanpatriotgold.com
Remery@americanpatriotgold.com
Copyright Business Wire 2012
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KEYWORD: United States
! North America
Texas
INDUSTRY KEYWORD: Energy
Other Energy
Natural Resources
Mining/Minerals
Other Natural Resources
SUBJECT CODE: Personnel
