schrieb am 06.02.12 22:30:31
Force Energy Obtains Drill Permit for Zoro 1 Property
DENVER, Feb. 6, 2012 /PRNewswire via COMTEX/ -- Force Energy Corp.
(OTC.BB:FORC) (FRANKFURT: FC2) (hereafter "Force", "the Company"),
a junior Lithium and Rare Earth Metals mineral exploration company,
is pleased to announce it has been granted a drill permit for the
Zoro 1 Property by the Manitoba Conservation Office in Snow Lake,
MB.
The permit authorizes Force to carry out a diamond drilling
operation on the property. This initial diamond drilling program is
a necessary evaluation of the Zoro 1 Property in order to examine
the third dimension of the potential resource. Results of this
program are intended to determine whether the confirmed historic
resource of 1.7 million tons of lithium grading 0.95%Li20 can be
mined economically.
"We are pleased to work with the efficient people of the Manitoba
Conservation Office and thank them for their timeliness in
authorizing this work permit," says Mr. Tim DeHerrera, president of
Force Energy Corp. "The fact that the pegmatite and combined
lithium comes to surface and has a historic resource established is
extremely encouraging, and we look forward to examining core
samples to confirm the third dimension of this resource and
determine economic viability of the project."
About Force Energy Corp. Force Energy Corporation (FORC) is a
Lithium, Rare Earth and Hydrocarbon Exploration and Development
Company based in Denver, Colorado.
Force Energy plans to explore and develop its Zoro 1 Lithium
property located in the Snow Lake area of west-central Manitoba,
Canada. Force Energy also maintains a 50% working interest in the
Hayter Well, a Hydrocarbon well located in Alberta, Canada.
Force Energy Corporation's shares are publicly traded on the OTCBB
under the ticker symbol FORC. www.ForceEnergyCorp.com
Legal Notice Regarding Forward-Looking Statements
Legal Notice Regarding Forward-Looking Statements in this news
release that are not historical facts are forward-looking
statements that are subject to risks and uncertainties.
Forward-looking statements are based on current facts and analyses
and other information that are based on forecasts of future
results, estimates of amounts not yet determined, and assumptions
of management. Forward-looking statements are generally, but not
always, identified by the words "expects," "plans," "anticipates,"
"believes," "intends," "estimates," "projects," "aims,"
"potential," "goal," "objective," "prospective," and similar
expressions or that events or conditions "will," "would," "may,"
"can," "could" or "should" occur. Information concerning oil or
natural gas reserve estimates may also be deemed to be
forward-looking statements, as it constitutes a prediction of what
might be found to be present when and if a project is actually
developed.
Actual results may differ materially from those currently
anticipated due to a number of factors beyond the reasonable
control of the Company. It is important to note that actual
outcomes and the Company's actual results could differ materially
from those in such forward-looking statements. Factors that could
cause actual results to differ materially include misinterpretation
of data, inaccurate estimates of oil and natural gas reserves, the
uncertainty of the requirements demanded by environmental agencies,
the Company's ability to raise financing for operations, breach by
parties with whom we have contracted, inability to maintain
qualified employees or consultants because of compensation or other
issues, competition for equipment, inability to obtain drilling
permits, potential delays or obstacles in drilling operations and
interpreting data, the likelihood that no commercial quantities of
oil or gas are found or recoverable, and our ability to participate
in the exploration of, and successful completion of development
programs on all aforementioned prospects and leases. Additional
information on risks for the Company can be found in the Company's
periodic filings filed from time to time with US Securities and
Exchange Commission at www.sec.gov.
This press release does not constitute or form a part of any offer
or solicitation to purchase or subscribe for securities in the
United States. The securities mentioned herein have not been, and
will not be, registered under the United States Securities Act of
1933, as amended (the "Securities Act"). They may not be offered or
sold in the United States (as defined in Regulation S under the
Securities Act), except pursuant to an exemption from the
registration requirements of the Securities Act.
Cautionary Note to U.S. Investors -- The United States Securities
and Exchange Commission permits oil and gas companies, in their
filings with the SEC, to disclose only proved reserves that a
company has demonstrated by actual production or conclusive
formation tests to be economically and legally producible under
existing economic and operating conditions. We use certain terms
such as estimates of a mean of undiscovered natural gas and
estimates of a mean of undiscovered oil that the SEC's guidelines
strictly prohibit us from including in filings with the SEC. U.S.
Investors are urged to consider closely the disclosure in our Form
10-K and other periodic reports filed by us from time to time with
the SEC, available from us at www.sec.gov. You can also obtain this
form from the SEC by calling 1-800-SEC-0330.
Contact:Parkside Communications Inc.Phone:
1-877-798-4165FORC@ParksideCommunications.comwww.ParksideCommunications.com
SOURCE Force Energy Corp.
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Copyright (C) 2012 PR Newswire. All rights reserved
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KEYWORD: Colorado
Manitoba
INDUSTRY KEYWORD: MNG
OTC
UTI
OIL
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