DGAP-News: Spectral Capital Presents at MINEX 2011, Kazakhstan's Largest Mining Event
(firmenpresse) - DGAP-News: Spectral Capital Corporation / Key word(s): Miscellaneous
Spectral Capital Presents at MINEX 2011, Kazakhstan's Largest Mining
Event
11.04.2011 / 19:00
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Spectral Capital Presents at MINEX 2011, Kazakhstan's Largest Mining Event
Company discusses plans to expand mining portfolio
SEATTLE, Washington (11 April, 2011) - Spectral Capital Corporation
(FCCN.QB) (F3SN:F) today announced that the company made a presentation to
the Central Asia Mining Industry at MINEX 2011 Astana, Kazakhstan's largest
mining event.
'We were honored to present at MINEX 2011 and pleased to be able to
showcase Spectral's mining properties,' said Spectral CEO Jenifer
Osterwalder. 'We are currently seeking additional projects to add to our
portfolio, and Central Asia has many significant acquisition and
joint-venture opportunities in the mineral and natural resource sector.
Research shows that this region has some of the largest untapped resources
in the world, and we intend to capitalize on these opportunities.'
Spectral presented at the MINEX 2011 Conference in Astana alongside
professionals from the world's largest and most experienced mining
companies, geological firms and professional firms. Spectral is in the
process of building out its on-the-ground capabilities in Kazakhstan and
plans to significantly expand over the next six months as its Kazakhstan
mining assets are developed, and it looks to acquire additional resource
assets in the region.
About Spectral
Spectral Capital is focused on the acquisition and development of a
significant portfolio of properties in the natural resource sector, mainly
in the Commonwealth of Independent States region. In September 2010, the
Company purchased an interest in mineral properties in the Chita region of
the Russian Federation. The Kadara and Kaltagay license is located in the
Mogochinsky district of the Chita Region, which has several gold mines in
production. Spectral owns 52% of the License for prospecting, exploration
and production of gold and all other metals. The size of the License is 186
km2. In January 2011, Spectral acquired a 65% interest in a gold mine in
the Bayankol River Basin of Kazakhstan, in one of the region's most
promising areas for gold extraction. The size of the License is 702 km2.
Exploration and development activities are currently being undertaken in
both properties. Spectral continues to develop a diversified portfolio of
natural resource assets in some of the world's most prolific regions.
Spectral Capital is a US-based publicly traded company and is listed on the
US over the counter markets as FCCN and Frankfurt exchange as F3SN.
Spectral is a Nevada state corporation.
PRESS RELEASE FORWARD LOOKING STATEMENT:
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended) concerning future events
and the Company's growth and business strategy. Words such as 'expects,'
'will,' 'intends,' 'plans,' 'believes,' 'anticipates,' 'hopes,'
'estimates,' and variations on such words and similar expressions are
intended to identify forward-looking statements. Although the Company
believes that the expectations reflected in such forward-looking statements
are reasonable, no assurance can be given that such expectations will prove
to have been correct. These statements involve known and unknown risks and
are based upon a number of assumptions and estimates that are inherently
subject to significant uncertainties and contingencies, many of which are
beyond the control of the Company. Actual results may differ materially
from those expressed or implied by such forward-looking statements. Factors
that could cause actual results to differ materially include, but are not
limited to, changes in the Company's business; competitive factors in the
market(s) in which the Company operates; risks associated with operations
outside the United States; and other factors listed from time to time in
the Company's filings with the Securities and Exchange Commission. The
Company expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or circumstances on
which any statement is based.
Contact:
Jenifer Osterwalder
contact(at)spectralcapital.com
206-262-7820
End of Corporate News
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119352 11.04.2011
Bereitgestellt von Benutzer: EquityStory
Datum: 11.04.2011 - 19:00 Uhr
Sprache: Deutsch
News-ID 33755
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Kategorie:
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