Britannia to Advance Gold Division in 2014
Company Eyes 100,000 Ounces (oz) of Ready to Mine Alluvial Gold
NEW YORK, NY--(Marketwired - Jun 24, 2014) - Britannia Mining, Inc. (
Recently, Britannia attended meetings in the United Arab Emirates to discuss trading ready to mine gold, sourced from current operational gold mines that fall within Britannia's business development pipeline. The Company's vision is to create value at every stage of the mining value curve; from exploration, to extractive operations, through to end trading activities.
"We have already shown that we can secure trading opportunities for commodities," stated Kenneth Roberts, CEO of Britannia Mining. A comment made in reference to 100+ Million tonnes of ready mined iron ore Britannia secured in Malaysia. "The next natural step is for us to develop our gold division."
To date, Britannia's gold division has consisted of legacy gold claims in the Yukon, Canada -- inherited through the merger with Micron Enviro Systems. Management has recently renewed the gold claims and is currently in talks with potential partners regarding developing the Canadian properties.
Mr. Roberts continued, "We are also in talks with potential UAE partners to leverage the pipeline of gold mining opportunities that our Malaysian and African relationships have made available to us; making extractive operations and ready to mine gold a real consideration. Our intention to deliver near term revenues progresses another step forward."
Mr. Roberts concluded, "With the right partner, we can effectively integrate exploration; operations and trading. Our visit to the UAE was beneficial to our vision and should yield quantifiable results."
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About Britannia Mining
Britannia Mining is a natural resources development company that is focused on acquiring high quality mineral, mining and other commodity based projects. The company is committed to developing revenues by conducting exploration, evaluation and trading activities. The company's mission is to secure commodities by developing immediate and near term product pipelines for iron ore and other natural resources.
Trading Focus
Iron Ore: With two 6,000,000 metric ton distribution deals in place spanning mines in both east and western Malaysia, the Company has the ability to distribute 100,000 Mt of ready mined iron ore, per month, for the next 10 years.
Acquisition Focus
The company is targeting revenue producing assets and is currently in negotiations regarding acquiring operational mines.
Exploration Focus
Canada: Britannia Mining has inherited the legacy projects (Gold claims) of the former Micron Enviro Systems in the Yukon and plans to conduct sampling on this area.
Africa: The company has been developing a high grade iron ore project in Malawi and is currently renewing the Exclusive Prospecting License (EPL) for iron ore over 650 sq km at Nthale Blantyre. The company is targeting 100 Million Tons (MT) iron at Nthale Hill (20 sq km).
For more information, please visit www.BritanniaMining.com .
Safe Harbor
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may,'' "should,'' "expects,'' "plans,'' "anticipates,'' "believes,'' "estimates,'' "predicts,'' "potential'' or "continue'' or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors'' in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at http://www.SEC.gov . For all details regarding working interests in all of BMIN's mining prospects or any previous news releases go to OTC Markets website. You should independently investigate and fully understand all risks before making investment decisions.
Contact information
Team BMIN
(646) 580-1153
www.britanniamining.com
