Uranium Hunter Corporation Announces Acquisition of Concession in Kette Region of Cameroon
LAS VEGAS, Feb. 7, 2013 /PRNewswire/ -- Uranium Hunter Corporation (OTC Pink: URHN) has announced it has reached an agreement with local land owners, village chief, elders and the Paramount Chief and Cameroon Ministry of Mines to acquire a further 2 concessions in the Kette region of Cameroon. Surface rents have been paid and concession demarcation and licensing is underway.
The concessions selected are to the East near the border of Central African Republic region, which are considered to be the major host body for gold in the region. Historical records as stated by village elders indicate that while exploration has occurred in the past in this area, river dredging or any industrial mining has never taken place. The company is excited about its prospects in the upcoming mining season. Further, Foy Johnston, LTD announces that on land pitting commenced on one of the previously announced concessions. Pit sampling on of five 10mx10m area pits on land returned an average of 2.4 ("g/t"), the Company is optimistic with proper equipment production potentially will be quite high.
About Uranium Hunter Corporation
Uranium Hunter (OTCBB: URHN) through its wholly owned subsidiary Cuyuni Mining mission is to build a fully-integrated uranium gold, precious metals and gemstone production company that incorporates exploration, development, acquisition, mining, ore processing and sales. We target historically proven and highly prospective properties in South America and Africa, which can come to production quickly. For more information visit our website www.cuyunimining.com.
This press release contains forward-looking statements, particularly as related to, among other things, Uranium Hunter's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, and other factors that may cause Uranium Hunter's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks, uncertainties and other factors that are detailed in Uranium Hunter's Quarterly and Annual Reports and other documents Uranium Hunter files from time-to-time. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Uranium Hunter cautions readers not to place undue reliance on such statements. Uranium Hunter does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from Uranium Hunter's expectations and estimates.
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Uranium Hunter Corporation
SOURCE Uranium Hunter Corporation
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