ABOT MNG CO noch investieren ? - 500 Beiträge pro Seite
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ISIN: US8091351069 · WKN: A2DN53 · Symbol: SCBZ
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December 16, 2011 - 4:22 PM EST
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ABOT 0.048 0.033
Today 5d 1m 3m 1y 5y 10y
ABOT Mining Co. Acquires Mexican Gold and Silver Property in Mexico
SHERMAN OAKS, Calif., Dec. 16, 2011 /PRNewswire/ -- ABOT Mining (Pink Sheets:ABOT.pk) announced today that it has formulated an agreement with Rising Star S.A. de C.V., a Mexican Corporation, to acquire 50.00% equity interest in its Mexican mineral property (the "Aztlan 8B Project").
The Aztlan 8B Project is located in the State of Nayarit in the Tecuala Mining District on the west coast of Mexico. The claim covers 300 plus acres, and is within a few kilometers of the pueblo 'Paulo Blanco'. The Tecuala Mining District is considered a widely mineralized area and identified as a major deposit of gold and other minerals. The area around the Aztlan 8B has been extensively explored and is currently being mined by several known junior mining companies and geological institutions. According to Rising Star, past surface trench testing by others revealed deposits of placer and epithermal gold deposits, where overall bulk sample feed grade ranged from 0.20 gm/t to 39.00 gm/t. These tests were conducted across outcroppings of silicified volcanic breccias.
Mexico has a rich mining history of almost 500 years which preceded the arrival of the Spaniards in 1500s. However, since 1995, mining exploration has become increasingly attractive for foreign investors due to the creation and amendment of the applicable legal framework including the North American Free Trade Agreement and implementation of mining laws and environmental regulations that are favorable to mining exploration, development and production.
"We look forward to partnering with Rising Star and initiating the preliminary phase of our trench testing program of the Aztlan 8B Project. We strongly believe that results from our preliminary phase shall provide an objective view on viability of these gold and silver deposits. Subsequent to these results, the Company shall utilize its financing capabilities and Rising Star's mining expertise to develop the Aztlan 8B Project and to further explore and acquire additional mineral properties," said Morris Rafi, President of ABOT Mining.
About the Company
ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT's strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.
Forward-Looking Statement
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Contact:
Morris Rafi, President
ABOT Mining Co.
13920 Moorpark Street, Suite 201,
Sherman Oaks, CA 91423
E: info@abotmining.com
SOURCE ABOT Mining Co.
Source: PR Newswire (December 16, 2011 - 4:22 PM EST)
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closeEmail this News Article
Your Name
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Receive Copy: yes
ABOT 0.048 0.033
Today 5d 1m 3m 1y 5y 10y
ABOT Mining Co. Acquires Mexican Gold and Silver Property in Mexico
SHERMAN OAKS, Calif., Dec. 16, 2011 /PRNewswire/ -- ABOT Mining (Pink Sheets:ABOT.pk) announced today that it has formulated an agreement with Rising Star S.A. de C.V., a Mexican Corporation, to acquire 50.00% equity interest in its Mexican mineral property (the "Aztlan 8B Project").
The Aztlan 8B Project is located in the State of Nayarit in the Tecuala Mining District on the west coast of Mexico. The claim covers 300 plus acres, and is within a few kilometers of the pueblo 'Paulo Blanco'. The Tecuala Mining District is considered a widely mineralized area and identified as a major deposit of gold and other minerals. The area around the Aztlan 8B has been extensively explored and is currently being mined by several known junior mining companies and geological institutions. According to Rising Star, past surface trench testing by others revealed deposits of placer and epithermal gold deposits, where overall bulk sample feed grade ranged from 0.20 gm/t to 39.00 gm/t. These tests were conducted across outcroppings of silicified volcanic breccias.
Mexico has a rich mining history of almost 500 years which preceded the arrival of the Spaniards in 1500s. However, since 1995, mining exploration has become increasingly attractive for foreign investors due to the creation and amendment of the applicable legal framework including the North American Free Trade Agreement and implementation of mining laws and environmental regulations that are favorable to mining exploration, development and production.
"We look forward to partnering with Rising Star and initiating the preliminary phase of our trench testing program of the Aztlan 8B Project. We strongly believe that results from our preliminary phase shall provide an objective view on viability of these gold and silver deposits. Subsequent to these results, the Company shall utilize its financing capabilities and Rising Star's mining expertise to develop the Aztlan 8B Project and to further explore and acquire additional mineral properties," said Morris Rafi, President of ABOT Mining.
About the Company
ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT's strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.
Forward-Looking Statement
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Contact:
Morris Rafi, President
ABOT Mining Co.
13920 Moorpark Street, Suite 201,
Sherman Oaks, CA 91423
E: info@abotmining.com
SOURCE ABOT Mining Co.
Source: PR Newswire (December 16, 2011 - 4:22 PM EST)
News by QuoteMedia
Hammer :-) Volumen 5,74 Mio Dollar
ABOT MNG CO noch investieren ?
Antwort: zwingend notwendig..... 1,6 mil. PR Aktion !!!
10 bagger.
DRM.
Antwort: zwingend notwendig..... 1,6 mil. PR Aktion !!!
10 bagger.
DRM.
Trading Spotlight
ABOT MNG CO noch investieren ?
100 % an einem Tag
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