NMC Resource Records Profits for the Second Quarter of 2010

Molybdenum Investing

NMC Resource Corporation (CVE:NRC) announced that the Company has recorded a profit for the three months ended June 30, 2010.

NMC Resource Corporation (TSXV:NRC) announced that the Company has recorded a profit for the three months ended June 30, 2010.

The press release is quoted as saying:

During the Second Quarter, the Company started commercial production of its molybdenum mill (the “Moland Mine”) at the Company’s Moland molybdenum property (the “Property”) in South Korea, selling 118,300 pounds of molybdenum out of 199,827 pounds of molybdenum produced. From the mine operations, the Company recorded $356,624 earnings and $23,965 as net earnings during the first quarter of commercial production. The cash cost for the Second Quarter was US$7.23/lb (CA$7.48/lb).

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