LAS VEGAS, June 4, 2014 /PRNewswire/ — Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that it has initiated drilling at the San Pedro property in Michoacán, Mexico. Amarium has been engaged in exploration of the San Pedro Mine since mid-February, conducting trenching activity and soil sampling throughout the property. The drill program has planned for the completion of 20 drill holes, which will be primarily concentrated along the Southern region.
“We are pleased to inform shareholders that we have initiated drilling at the San Pedro Mine along the Southern region of the property, as our recent trenching program exposed substantial mineralization in this area”, said Adam Carter, the President & CEO of Amarium. “While we continue to produce from both Jovita and San Pedro, it has always been our assertion that the greatest value for shareholders is in proving up the sizable copper resource on both properties.”
The San Pedro Mine is a producing copper mine that also recently expanded its existing flotation mill’s capacity to 200 tons per day.
Amarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company’s asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.
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.
Investor Relations, 800-983-0814
SOURCE Amarium Technologies Inc.