Crowne Ventures, Inc. in Negotiations for Additional Mining Claims
(firmenpresse) - LAS VEGAS, NV -- (Marketwire) -- 09/08/11 -- Crowne Ventures, Inc. (PINKSHEETS: CRWV) is pleased to announce that negotiations are underway for the acquisition of multiple gold and silver claims in two different mining districts in Nayarit, Mexico.
A total of almost five (5) square miles of gold claims and close to four (4) square miles of high grade silver claims are the focus of these negotiations. Surface assay work shows promising results on all properties being considered.
Additionally, the Company is beginning its due diligence on the prospect of acquiring a large copper mine, and two (2) iron mines in an adjacent State.
Crowne Ventures President, Dane Peterson, stated, "Due to the low cost of acquisition, and the high demand for industrial metals, we believe this will be beneficial to the Company."
Crowne Ventures will continue to evaluate mining concessions and prospects for the benefit of the Company.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to", "will likely result," "are expected to," "will continue," "anticipate," "expect," "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. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
For Further Information Contact:
Investor Relations
Crowne Ventures
310.461.3703
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Datum: 08.09.2011 - 20:05 Uhr
Sprache: Deutsch
News-ID 63842
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