GNCC Capital, Inc. - Preliminary Assay Results on “White Hills”

GNCC Capital, Inc. (OTC:GNCP) has today published the initial assay results on grab sampling at our “White Hills” Exploration Property situated on 1,840 acres in Mohave County, Arizona ; overseen by one of our Consulting Geologists, Craig Parkinson.

This a preliminary report and the final report from the Assay Laboratory will be published this week which will include an additional 66 elements. Link to this filing, filed today on the OTC Markets as a Supplementary Information Filing: http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=118312

Craig Parkinson advises Company Management that he expects to complete his report on “White Hills” by the end of this week. This report is taking longer than expected as “White Hills” includes at least five past-producing known mines and there is a significant amount of data on them.

Craig Parkinson has taken a large amount of labelled photographs, including the grab samples of the “White Hills” properties, these will be prepared as a presentation and published this week.

The Company published previous assay results from a former drilling campaign at “White Hills, on the OTC Markets as a Supplementary Information Filing on December 16, 2013, a link to this filing: http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=114914.

The Company uploaded a video taken by Craig Parkinson on the “White Hills” property, this may be viewed here: https://www.youtube.com/watch?v=PGrDk6tZMzQ

These reports are being made available as part of the Company’s policy on complete transparency.

Company Policy on Grab Sampling:

The Consulting Geologists have to do what they feel is appropriate for an initial independent assessment of each property in terms of where to sample, what to sample, and what type of sample to take, given that each property is different with respect to number of workings, number of mineralized showings, style of mineralization, number and length of faults and breccia zones, geology, structures, etc. Our policy is now to increase our grab sampling collection to a minimum of not less than 150 samples; this being for each and every one of our Exploration Properties.

Grab sampling constitutes the random selection of rock samples at random intervals for evaluation and detection of trace mineralization of the mineral being studied.

Typical surface mineralization could, dependent on the geophysical structure and history of the region, present a geochemical indication of underlying ore mineralization and potentially justify further research.

Whilst grab sampling is a rudimentary method of exploration, positive traces of the sought mineral would typically confirm the existence of that mineral below surface, although the actual structure and composition of the ore body would have to be defined by more advanced exploration methods.

A complete lack of trace mineralization would under certain conditions be cause for concern, as it would indicate a potential lack of the mineralization being sought, or a lack of geophysical movement in the earth’s crust to churn the trace minerals towards the surface.

Management Commentary:

Management will continue to review all of the data from further grab sampling that is currently underway in order to confirm results in areas where better results have previously been obtained. As previously stated, Management views the use of new radar scanning technology to be of more use insofar as the gathering of workable data and to provide reasonably accurate indications as to where we should drill straight into the ore body.

The Company is keeping the grab sampling and the resulting assay reports to very reasonable cost in order to confirm activity until such time as the radar scanning technology is deployed on our various exploration properties.

These assay results are the first in a series of more than a dozen similar reports that will be evaluated over the coming weeks and months. Management will publish all of these reports as they become available.

Consulting Geologist Craig Parkinson has submitted his assay results for the interim sampling at “White Hills” Management and he notes that some of the grab samples results are encouraging and justify further exploration efforts which are in the planning stages. Investors are cautioned that whilst grab samples can be indicative of potential positive future results, much more work needs to be completed before a definitive outcome can be predicted. This work program to prove up resources and eventually reserves will constitute the bulk of management efforts over the coming months and shareholders will be kept abreast of developments

Craig Parkinson, one of the Consulting Geologists will be returning to the Company’s “Clara, Burnt Well and Kit Carson” exploration properties on April 7, 2014 to recommence work on the reports on those enlarged properties, take significantly more grab samples and will prepare video and detailed photographs on each property.

OTHER COMMENTS:

The Company has received final comments from third party consultants as were required to complete its Q1 Financial Report for the three month period ended December 31, 2013. The Company will publish its Q1 Report in and during this week. The Filing of this Report restores the Company to that of a “Current Information Filer” on the OTC Markets. The OTC Markets has just placed a “STOP” annotation to the Company’s filings due to our late filing of this Q1 Report.

About GNCC Capital, Inc.:

GNCC Capital, Inc. is primarily a Gold Exploration Company, with a secondary focus on Silver Exploration. The Company’s current exploration properties are located in Arizona and consist of “White Hills, Esther Basin, Burnt Well, Clara, Kit Carson, Silverfields and Potts Mountain". The Company intends to create significant value for its initial portfolio of properties through continued exploration, joint ventures, and through the acquisition of additional Gold and Silver Exploration assets. GNCC Capital, Inc. is a current information filer on the OTC Markets under the symbol “GNCP”.

Forward-Looking Statements:-

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.

GNCC CAPITAL, INC.N.E. “Ted” Blom – President & CEOTelephone: (702) 951-9793corporate@gncc-capital.comorInvestor Relations Contact:E Mail: investor@gncc-capital.comWeb Site: www.gncc-capital.comTwitter: https://twitter.com/GNCCCapital

[We would be very appreciative if all investor questions be directed to this E mail address and not to our telephone voicemail until such time as we have appointed a dedicated Investors Relations Firm who will deal with all telephonic enquiries]

GNCC Capital (CE) (USOTC:GNCP)
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