ABOT Mining Announces the Production of the First Gold Doré Bar from Concentrates at its Silver Tailings Project and Pro...
18 3월 2013 - 1:30PM
OTC Markets
ABOT Mining (Pink
Sheets: ABOT.pk) is pleased to announce that the production of
approximately
5.65 kg of concentrates and its first
doré bar
from its Silver Tailings
Project.
Approximately 225
tons of tailings were loaded for processing in this first trial
run. Some of
the equipment were custom built and took extra time for completion
and commissioning,
which caused the unexpected delay in our first production trial
run. The doré
bar(s) have been sent for refining in order to validate
pyrometallurgical
protocols and to achieve required refinery specifications for
future production.
This modest
production represents a key milestone for the Company as the first
production
line has started with the low-grade tailings material. Furthermore,
the Company
is in final negotiations to acquire interest in a gold property in
the region
of El Rosario, Mexico. The Company expects to improve its
production recovery
by replacing its low grade tailings with higher grade ore from the
El Rosario
property. The Company expects to provide details of this
acquisition and results
from future production runs in the near future.
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 Woodland Hills, 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.
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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:
Imran
Firoz, President
Abot
Mining Co.
ABOT.PK
6303
Owensmouth Avenue | 10th Floor
Woodland
Hills | CA 91367
T: +1
818.302.0100
E:
info@abotmining.com
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