LAS VEGAS, June 12, 2014 /PRNewswire/ -- Amarium
Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary
Amarium Minerals Inc., releases an update to the San Pedro
Exploration program. With 6 holes completed of a planned 20, the
Company has decided to expand the program by an additional 10 holes
that will allow for more extensive coverage of specific areas of
interest. Drilling at San Pedro
has been concentrated along the Southern region of the property,
where previous trenching activity indicated significant
mineralization.
"While it is still too early to report any conclusive results,
we are very optimistic given the core that has already been
logged," said Adam Carter, the
President and CEO of Amarium. "At this stage, it was a logical
decision to move forward with an expanded exploration program, and
focus our efforts on proving up the mineral resource at
San Pedro as rapidly as
possible."
The Company announced on June 4th
that it had initiated drilling at the San
Pedro property, after previous trenching and soil sampling
activity earlier this year. The San Pedro Mine is a producing
copper mine with a 200 ton per day floatation mill.
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.
Contacts:
Amarium Technologies Inc.
Investor Relations, 800-983-0814
Fax: 800-320-4180
info@amariumminerals.com
SOURCE Amarium Technologies Inc.