LAS VEGAS, April 28, 2014 /PRNewswire/ --
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports the completion of the surface trenching phase of the current exploration program at the San Pedro Mine in Michoacán, Mexico. Eight trenches to depths to 25 feet are completed, with samples submitted to the lab for assaying and broad spectrum analysis. Amarium has scheduled drilling to begin on the property by May 15th.
The Company will be evaluating the data contained in the assay report in preparation for the drilling program and core logging to begin on schedule next month. The San Pedro soil sampling and trenching program was initiated to expose mineralization along the southern region of the property as a precursor and litmus test to validate further exploration by way of drilling.
"With trenching completed, and over 300 samples submitted for assaying, the San Pedro exploration program has revealed significant indications of copper mineralization. As we wait for the lab results for confirmation, we are confident in proceeding with drilling, as there are multiple high value targets identified on the property" expressed Adam Carter, the President and CEO of Amarium Minerals. "Our goal now is to continue on schedule with our property development and substantially prove up the copper resource on the property."
For additional information, please visit: http://www.amariumminerals.com
This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Amarium Technologies, Inc.'s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Amarium Technologies, Inc.'s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Amarium Technologies, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Amarium Technologies, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
Amarium Technologies Inc.
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SOURCE Amarium Technologies Inc.