Grant Hartford Corporation Reports Gold Reserves Of 31,169 Ounces
GARNET, Mont., May 4, 2012 /PRNewswire/ -- Grant Hartford Corporation ("the Company") has identified 56,524 tons of gold ore, grading 0.551 ounces per ton, resulting in proven and probable gold reserves of 31,169 ounces at its Nancy Hanks mine located in Garnet, Montana. The Company prepared and filed and Industry Guide 7 Report on April 17th, 2012 via the filing of a Form 8-K on the Securities and Exchange Commission EDGAR website.
This report includes a mine plan for the Nancy Hanks that demonstrates its commercial feasibility. The Company anticipates, subject to receiving additional financing, extracting and processing these gold ounces over an 18-month period.
The Company's President & CEO, Eric Sauve, stated, "The disclosure of these reserves marks a huge milestone for the Company. We anticipate mining these reserves and increasing these reserves over the next 18 months, subject to additional financing. This is indeed an exciting time for all of our shareholders."
For more information please refer to the Company's website: www.granthartford.com
About the Company:
Grant Hartford is a publicly reporting company in the development stage with claims located in the historical Garnet gold mining district located 50 miles east of Missoula, Montana. The Garnet district produced over 500,000 ounces of gold from the mid-1800s until 1941. The total land position under the Company's control exceeds 4,000 acres within the Garnet mining district and an additional 3,580 acres, within 200 miles of the Garnet district, representing 19 former high-grade gold producing mines.
This news release contains forward-looking statements. Please refer to the Company's Form 10-K and other filings with the United States Securities and Exchange Commission (the "SEC") for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR) at www.sec.gov, as well as through the Company's website, www.granthartford.com. The forward-looking statements in this news release do not constitute guarantees of future performance. Investors are cautioned that statements in this news release which are not strictly historical statements, including, without limitation, statements regarding current or future mining output, ability to obtain necessary equipment, personnel and permits for mining, production capabilities, management's strategy, plans and objectives for present and future production, plans and objectives for regulatory approval, and anticipated results, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation, risks associated with mineral production, mining in general and in our mines in particular, ability to achieve the reserve calculations anticipated, as well as other risks detailed in our filings with the SEC. We assume no obligation to update any forward-looking information contained in this news release.
Media Contact: Eric Sauve, +1-303-506-6822, [email protected]
SOURCE Grant Hartford Corporation
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