HILTON HEAD, S.C., Dec. 30, 2011
/PRNewswire/ -- Silver Scott Mines, Inc. (OTC: SILS.pk)
is pleased to announce the execution of a stock based 4 year earn
in agreement for exploration covering more than 14,000 hectares in
Baja California Sur. These two main concessions are located
near the recently discovered gold deposit, Los Planes, by Pediment
Gold Corp. in 2007 containing 1.66 million ounces of gold and the
Concordia gold deposit with 2.28
million ounces of gold. Agreement allows the
company to investigate high potential targets within these two
mineralization trends, one of known gold deposits and the second
trend having silver-gold deposits.
Previous work on the projects has been mostly historic with
numerous mines and mills operated around 1900 and one mill operated
on the Sin Rival Mine in 1950's. More recent sample activity
has outlined 3 large zones of alteration with anomalous gold and
silver mineralization that can be drill tested easily which are
partly located on private lands.
Mel Herdrick, Chief Geologist for
the company, who has reviewed and approved this release commented,
" I am very familiar with the San
Antonio and Triunfo area where there is excellent potential
to further define large gold and silver deposits. I am
pleased this agreement allows us to rapidly begin definition of
large mineralized zones with potential for large deposits. "
For further information please contact:
John Ryan
Silver Scott Mines, Inc.
301 Central Ave. #384
Hilton Head, SC 29926
1.843.290.8930 phone
1.843.842.7248 fax
The source of this news release is Silver Scott Mines, Inc.
This press release may contain certain forward-looking statements
within the meaning of Section 27A of the Securities and Exchange
Act of 1933, as amended, and Section 21E of the Securities and
Exchange Act of 1934, as amended, which are intended to be covered
by the safe harbors created thereby. Investors are cautioned that
all forward-looking statements involve risks and uncertainties and
therefore, there can be no assurance that the forward-looking
statements included in this press release will prove to be
accurate.
SOURCE Silver Scott Mines, Inc.