ABOT Mining Announces Update on Aztlan 8B Project Development
SHERMAN OAKS, Calif., Feb. 17, 2012 /PRNewswire/ -- ABOT Mining (Pink Sheets: ABOT.pk) announced that the civil engineering work on the Aztlan 8B property has been completed with more definitive mapping and property delineation.
In addition the Operator has engaged a geologist to further examine the information collected from the maps and core logs and to identify surface intrusions and review new data to more accurately define the ore bodies. The Operator has also initiated a study on additional areas of geological anomalies of interest within the project area.
"The progress on Aztlan 8B Project is moving forward according to our estimated timeline. The concluded study shall further allow us to locate and delineate any high grade zones and bulk tonnage zones in the Aztlan 8B Project," said Imran Firoz, President of ABOT Mining.
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 Sherman Oaks, 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. ABOT's strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.
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.
Imran Firoz, President
ABOT Mining Co.
13920 Moorpark Street, Suite 201
Sherman Oaks, CA 91423
T: +1 818.302.0100
SOURCE ABOT Mining