Rochester Resources Ltd.
Rochester Resources Ltd. owns 100% of two mining properties in Nayarit state, Mexico, east of Tepic: Mina Real (11 mining concessions plus one mineral claim, ~21,367 hectares) and San Francisco (12 mining concessions, ~18,125 hectares). The company operates the Mina Real processing plant (~140 tonnes/day capacity), milling ore from its own Estanzuela Unit (in commercial production since June 1, 2007) and San Francisco Unit (in production since 2014), generating quarterly gold and silver sales revenue. No current NI 43-101 resource estimate has been published for either property. The company operates under a going-concern qualification and significant working-capital deficit.
Notable vs. Peers
- Financials score of 1/10 is weaker than the peer average of 6.6/10.
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
Lifecycle Milestones
Construction Milestones
5 of 5 reached- Jun 2006 · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Jun 2007 · Source
Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
Not yet determined: tailings facility, road access, grid power.
Jurisdiction (40%)6/10
Nayarit state, Mexico -- moderate mining-sector operating risk.
Infrastructure (40%)6.4/10
A confirmed mill at Mina Real; road access, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:5.5/10
Stage: Production
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:6/10
Mexico: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer and Director of Rochester Resources Ltd. since 2018, affiliated with DNN Investments Ltd.; also Chief Financial Officer & Corporate Secretary of T2 Metals Corp, Chief Financial Officer & Director of Tinka Resources Limited and a director of Salazar Resources Limited. Rochester holds 100% interests in the Mina Real and San Francisco gold and silver properties in Nayarit, Mexico.
Member of the Mexican Mining Hall of Fame with a career spanning roughly four decades, holding senior executive/board roles at Industrial Peñoles, Luismin, Goldcorp, Wheaton River Minerals, Alamos Gold, Primero Mining, and Dyna Resource. Played a key role in developing Mexico's San Dimas mine and previously served on the board of Wheaton Precious Metals. Former President of the Mexican Mining Chamber and former President of the Silver Institute. Joined Vizsla Silver's board as an independent director in November 2023 and was subsequently named Lead Director.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
A plain-language summary of this company's technical-report findings isn't written yet. See the cited figures on this page and the documents below.