CGrowth Capital, Inc. Updates Shareholders on Dolo
Post# of 489
Posted On: 07/07/2015 12:38:41 PM
CGrowth Capital, Inc. Updates Shareholders on Dolomite Survey
SILVERDALE, WA / ACCESSWIRE / July 7, 2015 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company"
is pleased to update shareholders on its progress on its 348 acre dolomite pit survey. N.L. Olson And Associates, a multi-disciplinary engineering, land surveying and planning firm with over 40 years of experience, has completed the topographical and quantification of total gross Magnesium Dolomite resources on the Company's Eastern Washington mineral leases known as the White Pit - with total gross resources exceeding 500,000,000 cubic yards of material.
"This truly is an enormous asset," stated Bill Wright, CEO of CGrowth Capital, Inc. "When we are looking at a potential multi-generational project, to quantify, qualify, and position it for sales and funding takes a good deal of time to do properly. The invaluable information presented by the survey is enabling us to move forward with proper valuation reports and move our discussions with funding sources to the next level."
The next steps currently in process include a Geologist review and a Competent Persons report (which may include NI 43-101 and/or JORC compliant report) to substantiate the probably reserve for mining, sales, and funding. The report(s) will evaluate all data and determine a net mineable quantification of magnesium dolomite in both cubic yards and monetarily.
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. The Company continues to serve as a holding company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital's services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, dolomite, and terrazzo to market. CGrowth Capital will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations. Through wholly owned subsidiaries, the Company has begun to strategically leverage assets for maximum value within the legally developing cannabis industry currently underway in Washington State.
For more information and updates about CGrowth Capital, visit their website or Facebook page:
http://www.CGrowthCapital.com
https://www.facebook.com/CGrowthCapital
Investor Inquiries:
CGrowth Capital, Inc.
888-218-2472
SILVERDALE, WA / ACCESSWIRE / July 7, 2015 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company"
is pleased to update shareholders on its progress on its 348 acre dolomite pit survey. N.L. Olson And Associates, a multi-disciplinary engineering, land surveying and planning firm with over 40 years of experience, has completed the topographical and quantification of total gross Magnesium Dolomite resources on the Company's Eastern Washington mineral leases known as the White Pit - with total gross resources exceeding 500,000,000 cubic yards of material. "This truly is an enormous asset," stated Bill Wright, CEO of CGrowth Capital, Inc. "When we are looking at a potential multi-generational project, to quantify, qualify, and position it for sales and funding takes a good deal of time to do properly. The invaluable information presented by the survey is enabling us to move forward with proper valuation reports and move our discussions with funding sources to the next level."
The next steps currently in process include a Geologist review and a Competent Persons report (which may include NI 43-101 and/or JORC compliant report) to substantiate the probably reserve for mining, sales, and funding. The report(s) will evaluate all data and determine a net mineable quantification of magnesium dolomite in both cubic yards and monetarily.
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. The Company continues to serve as a holding company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital's services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, dolomite, and terrazzo to market. CGrowth Capital will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations. Through wholly owned subsidiaries, the Company has begun to strategically leverage assets for maximum value within the legally developing cannabis industry currently underway in Washington State.
For more information and updates about CGrowth Capital, visit their website or Facebook page:
http://www.CGrowthCapital.com
https://www.facebook.com/CGrowthCapital
Investor Inquiries:
CGrowth Capital, Inc.
888-218-2472
(0)
(0)CGrowth Capital Inc. (CGRA) Stock Research Links
Scroll down for more posts ▼