Amarium Updates San Pedro Exploration, Expands Drill Program
PR Newswire
LAS VEGAS, June 12, 2014
LAS VEGAS , June 12, 2014 /PRNewswire/ -- Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., releases an update to the San Pedro Exploration program. With 6 holes completed of a planned 20, the Company has decided to expand the program by an additional 10 holes that will allow for more extensive coverage of specific areas of interest. Drilling at San Pedro has been concentrated along the Southern region of the property, where previous trenching activity indicated significant mineralization.
"While it is still too early to report any conclusive results, we are very optimistic given the core that has already been logged," said Adam Carter , the President and CEO of Amarium. "At this stage, it was a logical decision to move forward with an expanded exploration program, and focus our efforts on proving up the mineral resource at San Pedro as rapidly as possible."
The Company announced on June 4th that it had initiated drilling at the San Pedro property, after previous trenching and soil sampling activity earlier this year. The San Pedro Mine is a producing copper mine with a 200 ton per day floatation mill.
Amarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company's asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.
For additional information, please visit: http://www.amariumminerals.com
This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Amarium Technologies, Inc.'s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Amarium Technologies, Inc.'s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Amarium Technologies, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Amarium Technologies, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
Contacts:
Amarium Technologies Inc.
Investor Relations, 800-983-0814
Fax: 800-320-4180
info@amariumminerals.com
SOURCE Amarium Technologies Inc.
