LAS VEGAS, July 10, 2014 /PRNewswire/ -- Amarium
Technologies, Inc. (PINKSHEETS: AMMG) through it's wholly owned
subsidiary Amarium Minerals Inc., reports the appointment of Mr.
Troy Morgan as the Manager of
Operations at the San Pedro Mine located in Michoacan, Mexico. Mr. Morgan has a
substantial history with the Company over the past year in a
similar capacity at Amarium's other production facility, the Jovita
Mine. The Company announced earlier in the week that it had
completed upgrades to the processing mill at the San Pedro Mine,
increasing the daily tonnage capacity from 20 tons per day (tpd) to
120 tpd.
Mr. Morgan, an engineering technician from New York, brings over 25 years of experience
in project and process management, with the past 15 years focused
specifically on mining operations.
"Troy has been an integral part of the Amarium Team, and has
been preparing to take over the San
Pedro operation for the past 8 months," said Adam Carter, the President & CEO of Amarium.
"His focus will be to ramp up production at the mine, and manage
the overall efficiency of the project. We believe that through his
leadership and organization skills, San
Pedro will be able to readily exceed its goal of 200 tpd
prior to the end of the year."
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.