Larry W. Reaugh, President and Chief Executive Officer of Rocher Deboule Minerals Corp. (RD.H: NEX.V; PINK SHEETS: RDBHF) is pleased to announce the acquisition of a 2,735 hectare (6,756 acre) niobium property located on the southern boundary of the companies old Brent claim group which contains a 119 Meter (390 feet) trench grading .19% N6205 up to 40 meters (131feet) in width (see press release dated September 10, 2007).
The acquisition is the old Lonnie Carbonatite claims which increases the Company’s property to 3,477 hectares (8,460 acres) and covers all known niobium mineralization in the area. Prior trenching in 1955 on the Lonnie claim by Kenco Exploration returned .21% N6205 with REE values over 500 meters (1640 feet), as reported by G.D. Belik, P.Geo in assessment report #26,854 dated May 13, 2002.
The acquisition (subject to regulatory approval) for a 100% interest in the Lonnie claims is $10,000 and 100,000 shares of Rocher Deboule Minerals Corp.
The Brent and the Lonnie niobium showings both contain significant niobium hosted in the carbonatite and are situated approximately four kilometers apart in a north east direction.
The average price of niobium is currently $26.50 US/lb up from $8.75 US/lb at the beginning of the year.
Niobium, a soft shiny, white metal, is also known as columbium since it was originally discovered in a mineral named columbite. Like tantalum, niobium resists corrosion and maintains good physical properties at high temperatures but offers other outstanding attributes.
Although frequently found in the same minerals as tantalum, niobium is more plentiful in nature. Over 50 million pounds of niobium products are produced each year. The largest market for niobium (85%) is in high-strength, low-alloy steel production where it brings high temperature strength and corrosion resistance to gas pipelines, automobile components and structural steel.
About Rocher Deboule Minerals Corp.
Rocher Deboule Minerals Corp. is a diversified exploration and development company focusing its attention on mineral properties and commodities used in the steel manufacturing industry.
This news release has been reviewed by Richard Addison, P.Eng. a qualified person pursuant to National Instrument 43-101.
On behalf of Management
ROCHER DEBOULE MINERALS CORP.
Larry W. Reaugh
President and Chief Executive Officer
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.