Goldrock Mines Advances Construction Of Lindero Mine

VANCOUVER - Goldrock Mines Corp. reported further development of the Lindero gold heap leach project located in northwestern Argentina. The Company has entered into a gas pipeline access contract with REMSA, the owner of the regional Gasoducto de la Puna gas pipeline. The contract is for the transport of 38,000 cubic meters of natural gas per day, and includes a provision for the transport of an additional 5,000 cubic meters per day if required by the project.

A review of power sourcing options during the Feasibility Study process indicated that natural gas-fueled generation is the most technically viable and efficient option for the Lindero project. Power will be generated utilizing natural gas supplied by a connection to the regional Gasoducto de la Puna gas pipeline built by the Salta government to encourage mining and other economic development in the Puna region. Natural gas is available at a point in Pocitos, approximately 160 km by road from the mine site. A "Virtual Gas Pipeline" is proposed for Lindero and would consist of a mother station installed at the source in Pocitos, comprising two compressor/refrigeration units, a receiving station installed at the mine site, and four trailer trucks to transport the natural gas.

In addition, the Salta provincial authorities have approved the building and electrical permits that Goldrock requires to commence construction at Lindero. Electrical, structural, building and seismic plans have been reviewed and approved by COPAIPA, the professional engineering institution that overlooks all construction in Salta province.

Paul Matysek, President and CEO of the Company, commented... "With the signing of this critical contract and the approval for the project's building and electrical permits, the Company continues to advance the Lindero project and the de-risking of the construction schedule. We also recognize and appreciate the ongoing support of the Salta government in expeditiously approving the necessary permits for the project."