HENDERSON, NEVADA--(Marketwire - 01/24/11) - NW Tech Capital Inc. (PINK SHEETS:NWTT - News) (www.nwtechcapital.com) The company is utilizing this opportunity to bring attention of its followers of a certain mining report for the purpose of introducing the progress accomplished on the company property claim.
This report concerns one of the areas where Canada Corp. intends to carry out its exploration in 2011. This promising report states: "While these intersections cut uneconomic to marginally economic values at today's prices, they are encouraging and worthy of follow-up," and "The intersection in SPL-91-5, 0.46 oz gold/ton across 2.3', is of particular interest since it may mark the discovery of a new type of vein on the property, with coarse free-milling gold, ..."; "The 1991 work program has identified several features which are indicative of a promising geologic environment for economic mineralization. The Alcona-Split Lake property shows good potential and further work is recommended."
The company expects to post additional reports on the property exploration in the upcoming days, including a recent property evaluation.
More details will be provided shortly.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of NW Tech Capital Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. NW Tech Capital Inc. cautions you that any forward-looking information provided by or on behalf of NW Tech Capital Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. NW Tech Capital Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond NW Tech Capital Inc.'s control. In addition to those discussed in NW Tech Capital Inc.'s press releases, public filings, and statements by NW Tech Capital Inc.'s management, including, but not limited to, NW Tech Capital Inc.'s estimate of the sufficiency of its existing capital resources, NW Tech Capital Inc.'s ability to raise additional capital to fund future operations, NW Tech Capital Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match NW Tech Capital Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. NW Tech Capital Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment