ROCHER DEBOULE
MINERALS CORP.
TSX.V: RD
Pink Sheets: RDBHF
Contact:
Larry Reaugh, President, CEO
2A 15782 Marine Drive
White Rock, BC Canada V4B 1E6
Phone: 604-531-9639
Fax: 604-531-9634
E-Mail: info@rdminerals.ca
Web Site: www.rdminerals.ca
Shares Outstanding: 35,861,425
52 Week Trading Range:
Canada: Hi: C$0.79 • Low: C$0.25
US: Hi: $0.73 • Low: $0.269
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Rocher Deboule Minerals Corp. (TSX.V: RD; Pink Sheets: RDBHF) -- www.rdminerals.ca -- has targeted the raw materials needs of the worldwide steel industry as it assembles, explores and develops a substantial portfolio of multi-mineral properties in North America.
Key among the company’s 100%-owned Canadian properties is a potentially huge iron oxide copper gold (IOCG) project the company hopes could rival similar world class deposits in Australia, Sweden and Chile.
Rocher Deboule also owns an intriguing manganese exploration property in southwest Arizona. The mid-2007 acquisition places the company smack in the midst of the increasingly heated market for manganese a metal vital to the steel industry and in increasingly short supply. Similarly, the company has acquired niobium, fluorite, and manganese exploration properties located throughout British Columbia.
Manganese is essential, if not irreplaceable, in the production of iron and steel industries that consume about 90% of worldwide manganese supplies. The metal is also used in the manufacture of aluminum alloys, dry cell batteries, fertilizer, bricks, paint and water purification.
Worldwide production of manganese alloys totaled 11.8 million tonnes (25.96 billion pounds) in 2006, a 14% increase over the previous year. China, which produces almost half the world’s manganese, has begun restricting exports to protect supplies needed by domestic industry with the inevitable result that the price of manganese has risen more than 300% from $1225 to over $4000 a ton in little over a year.
Rocher Deboule now hopes that its newly acquired Arizona property will prove to be an easily open-pittable deposit that can be developed to production on the near-term.
Aggressive Exploration Staged At Artillery Peak Manganese Property
Rocher Deboule’s Artillery Peak property is located right in the middle of an area viewed as hosting one of the largest resources of low grade manganese-bearing material in the U.S. The property is located in the southeastern corner of Arizona’s Mohave County 30 miles east of the Parker Dam on the Colorado River. It is accessible by 28 miles of road and is about six miles from the Bill Williams River and a hydropower plant.
The Arizona property encompasses 180 unpatented lode mining claims that include several known deposits, historical open-pit and underground mines that were worked intermittently from 1928 to 1952 for delivery to U.S. steel mills and the government strategic materials stock pile.
The strata-bound manganese deposits are found in fans on the flanks of both the Artillery Mountain and Rawhide Mountain Ranges, coming together in the center of a basin that lies between the two ranges.
An NI 43-101 report estimates the property contains in excess of 100-million tonnes of manganese-bearing material. Manganese is found throughout the property, but is concentrated in two main zones the 300-400-foot-thick Upper Zone grading between 3% and 7% on average; and the Lower Zone, which has similar widths and grades.
In 2007 & 2008, the company completed seventeen diamond drill holes at Artillery Peak with eleven holes showing significant evidence of manganese mineralization ranging from 10 to 90 feet in thickness. The drilling has returned manganese up to 12% and strontium grades of up to 6% over 10 foot intervals. Strontium is trading at $5200.00 per tonne or ($2.36/lb).
Potentially Huge IOCG Deposit in British Columbia
The company acquired its nearly 20,000-acre namesake Rocher Deboule property, located just south of New Hazelton, British Columbia, primarily as a tungsten prospect, but it appears it may be much more.
The property, which hosts four past-producing underground mines (Rocher Deboule Mine, Victoria Mine, Highland Boy Mine and Cap Mine), is a known source of gold, silver, copper, cobalt, molybdenum and tungsten mineralization. Between the 1920s and 1950s the Rocher Deboule Mine produced 4.4 thousand ounces of gold, 84.4 million ounces of silver and 6.2 million pounds of copper.
Intriguingly, an airborne magnetic survey performed by the provincial government in the late 1960s identified a large, “first order” magnetic high anomaly a strong indicator of the presence of a large IOCG deposit, possibly of a magnitude similar to Australia’s Olympic Dam deposit, or Candelaria in Chile and Kiruna in Sweden. In 2005, the Olympic Dam deposit’s reserves stood at 650 million tonnes grading 1.5% copper, 0.5 kg/t uranium, 0.5 g/t gold and 2.4 g/t silver.
The potential for IOCG deposits to host significant base, precious and strategic metals resources has been recognized only for the past few decades. According to an NI 43-101 report completed in 2006, the Rocher Deboule property “could be part of a much larger hydrothermal system” and raises the possibility of a “large tonnage, low grade bulk tonnage porphyry copper (gold) and/or iron oxide-copper-gold style mineralization.”
The company has developed an intensive program to develop reserves on high-grade copper and gold veins. In addition, prospecting near known vein systems on the Rocher Deboule property has led to the discovery of additional parallel and perpendicular quartz-sulphide zones.
The company will utilize data assembled in geophysical, geochemical studies, surface sampling and diamond drilling to determine targets for a planned summer 2008 diamond drilling program.
Other Properties Targeting Needs of Steel Industry
As part of its overall business plan, Rocher Deboule has acquired a number of properties in British Columbia that host “critical” minerals:
• Tam Property: Fluorite 1805.2-hectare property located north of Liard Hot Springs. Fluorite is used as a flux in steel and aluminum processing, and as a source of fluorine for hydrofluoric acid and flourinated water. The property contains past drill holes averaging up to 48% fluorite over 89 feet.
• Lonnie and Brent Properties: Niobium More than 3,000 hectares encompassing all known niobium mineralization in an area of north-central British Columbia. Niobium, a rare soft and ductile grey metal, with chemical properties similar to tantalum in resisting corrosion and tolerating high temperatures. Over 50 million pounds of niobium products are produced each year, with its largest market in high-strength, low-alloy steel production. The metal is particularly effective in the manufacture of jet engine and rocket components, gas pipelines, automobile components. The market for niobium is rising amid demand pressures from China and electronic manufacturers seeking to replace tantalum- and aluminum-based capacitors in computers, mobile phones and electronic systems.
• Junction Creek and Olsen Properties: Manganese 365 hectares southwest of Clinton and less than a kilometer from the CN rail track.
• Black Prince Property: Manganese 365.5 hectares in the Alberni Mining Division; open cuts and exposed pits located some 35 km southeast of Port Alberni.
Led by a talented management team, Rocher Deboule has achieved substantial success in establishing itself as a solid exploration and development company with a tight focus on minerals and commodities vital to the steel industry.
The company is led by President and CEO Larry Reaugh, who has 41 years experience in the mining industry, including 27 years directly involved in mineral exploration. He is credited with several producing mines and has raised more than $200-million for exploration and development of mining properties.
Directors include Andris Kikauka, a geoscientist specializing in precious and base metal exploration in Western Canada’s Cordillera; and Edward Lee, President and director of Molycor Gold Corp., a director for Goldrea Resources Corp. and a director and VP of Corporate Development for Adanac Molybdenum Corp.
Investment Considerations

Rocher Deboule is clearly poised to capitalize on the rising price of commodities and metals tied to the growth of the world economy and the dynamic steel industry in particular.
The company has significantly expanded its property portfolio, strengthened its management team, and established aggressive exploration programs for the coming year.
Manganese is a prime focus for Rocher Deboule as it explores four manganese properties in Arizona and British Columbia. The company is also targeting niobium and fluorite, other metals important to the steel industry.
“We are building a company with a clear focus on scarce commodity metals vital to the steel industry,” says Rocher Deboule President Larry Reaugh. “As a result, we believe Rocher Deboule will become an attractive target for steel companies.”
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