Replies to post #31718 on Traders Cooperative

[choad]

March 7 expiration of holding period on those shares.......for some reason I don't think that is a particularly good birthday presentBasser, that's my birthday.....no wonder it's been doing such a great job of sucking the last couple days......more dilution is just what we needed on this one.....we will need some good news to counter this and it may not be far away....too bad they didn't use some of that PG dough to settle that obligation.

[basserdan]

*** Gold/moly related post (RMK.V/RMKMF) ***


2008 drilling also to test Nortoba-Tyson gold veins - Roxmark plans winter drilling, re-opening of Northern Empire Mine

Tuesday November 20, 10:28 am ET

TORONTO, Nov. 20 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) (CNQ - RMKL) (OTC - RMKMF) today announced that it has scheduled a Winter 2007-08 field drilling program to test the additional known strike length of 1,200 metres still undrilled on the west extension of the Contact Zone at its Northern Empire property. The Company also announced that it is planning to reopen the Northern Empire Mine in late 2008-utilizing existing infrastructure above and below ground-on the strength of expectations driven by results of historical and recent drilling on the mine's east extension and by the conclusions of a 2006 geological assessment.

The Northern Empire Mine was operated successfully by Newmont Mines from 1934 to 1941. The mine was serviced by a shaft to a depth of 2,640 feet and produced 149,000 ounces of gold from 426,000 tons of ore at a recovered grade of 0.35 oz/t Au. The on-site 200TPD mill (expandable to 500TPD) was built in 1982 and upgraded and permitted by Roxmark. It processed gold and molybdenum ores in 2005 and 2006, respectively.

In 2006, SRK Consulting was commissioned to digitize available drilling and other information on the mine and to develop a 3D mineralization model which outlined 150,000 ounces of potential gold resources in the mine area. The SRK assessment is not NI 43-101 compliant.

This past summer, Roxmark carried out a limited 26-hole program totaling 2,711 metres on a strike length of just 200 metres located 700 metres east of the Northern Empire Mine shaft. This was in addition to the 30 holes (16,805 metres) completed in 1986-1987. Peter Bevan, consulting geologist and a qualified person under NI 43-101, has calculated the resources above the diabase sill to the second level (300 feet) only, as per NI 43-101, although mineralization continues at depth and along the strike. Based on a cut-off grade of 3g/t and a minimum horizontal width of 0.92 metres, indicated and inferred resources for 200 metres of strike length of the Contact and Power zones are as follows:

------------------------------------------------------------------------- 
 	                              Grade        Grade          Ounces 
 	                 Tonnes       g/t. Au     oz/t. Au       of gold 
 ------------------------------------------------------------------------- 
  
 ------------------------------------------------------------------------- 
 Power (Indicated)       12,457         16.72         0.49         6,697 
 ------------------------------------------------------------------------- 
 Contact (Indicated)     32,544         12.24         0.35        12,808 
 ------------------------------------------------------------------------- 
  
 ------------------------------------------------------------------------- 
 Power (Inferred)         4,347         19.79         0.58         2,766 
 ------------------------------------------------------------------------- 
 Contact (Inferred)       6,829         14.13         0.41         3,102 
 ------------------------------------------------------------------------- 
  
 ------------------------------------------------------------------------- 
 Total Indicated         45,001         13.48         0.39        19,505 
 ------------------------------------------------------------------------- 
 Total Inferred          11,176         16.33         0.48         5,868 
 -------------------------------------------------------------------------

Bevan's report states that, in the recent drilling program from 7+00E to 9+00E, the Contact Zone contains three times the tonnage of the Power Zone and twice the contained ounces of gold for a combined total of 25,373 ounces. Beyond the 6,000 metres of surface drilling, Bevan's recommendations in the NI 43-101 report, which will be made available shortly, are to dewater the mine, drift in the two vein structures, conduct an underground bulk sample, and carry out underground drilling to east and west of the shaft.
Roxmark is currently choosing a drilling contractor to conduct the winter program. In addition, it is proceeding with all necessary steps, including mine planning, permitting, and employee training, to stay on the critical path toward reopening of the Northern Empire Mine in late 2008.

The Northern Empire Mine is located in the Town of Beardmore, approximately 200 km northeast of Thunder Bay and serviced by the Trans-Canada Highway. Accessibility of all Roxmark properties including the Leitch Gold Mine (once Canada's richest gold mine) and the Nortoba-Tyson (a new source of gold and molybdenum) is a strong advantage. Further field work is planned for both of theses properties in 2008, including drilling of promising gold showings at the Nortoba-Tyson property.

"We are very encouraged by results of the limited 2007 Northern Empire exploration program," said Monir Younan, Roxmark President. "Mineralization grades are higher than those which historically supported a profitable mining operation when gold was $35 an ounce and resource totals are impressive given the small amount of drilling to date.

"We remain confident that results of the upcoming drilling program will propel us past the threshold for commercial development of the Northern Empire, the economics of which are aided substantially by the onsite mill and existing underground workings," he added.

"As a Company, our objectives are to bring the Northern Empire Mine-selected over other Roxmark properties for its low capital cost and logistical advantages- to commercial production quickly, while continuing to further delineate resources at other properties both on our own and through joint ventures."

About Roxmark Mines

Roxmark Mines Limited is the leader in gold and molybdenum exploration and development in the historically significant Geraldton-Beardmore area of Northwest Ontario. In the last two years, Roxmark has generated cash flow from bulk-sampled gold and molybdenum processed at its fully-permitted mill and has the advantage of infrastructure from six formerly highly productive gold mines located on its properties. These mines previously produced nearly two million ounces of gold from high grade ore but were closed primarily due to dramatically lower gold prices at the time and to boundary issues, since eliminated.

Further information is available on the Company's website at www.roxmark.com and on SEDAR under the Company's profile at www.sedar.com.

http://biz.yahoo.com/cnw/071120/e_roxmark_winterdrill.html?.v=1