Post by Franko10 ™ on May 25, 2005 13:02:33 GMT -5
Press Release Source: U.S. Canadian Minerals Inc.
U.S. Canadian Minerals Announces the Grand Opening of Its Yellow River Mining Processing Plant Wednesday May 25, 1:48 pm ET
LAS VEGAS--(BUSINESS WIRE)--May 25, 2005--U.S. Canadian Minerals Inc. (Pink Sheets: USCA - News) announced today the completion of the renovation and expansion of its Yellow River processing plant. These improvements were accomplished in less than a year from the time they were started. The facility was substantially rebuilt from the ground up with the intention of improving its productivity. The electrical system was upgraded and a new ball mill and crushing line was installed. The plant can now process ore from start to finish.
A celebration was held to mark the commencement of operations following the renovations. Several local officials and dignitaries attended the festivities, including the mayor of Portovelo. They toured the facility while employees demonstrated the newly installed equipment.
Rendal Williams, CEO of the company, stated that: "We are proud of the improvements to this plant. They have made the plant more productive and friendlier to the environment. It is now our finest facility, and we hope to upgrade our other plants in South America when our cash flow permits." Contact:
U.S. Canadian Minerals Inc., Las Vegas Rendal Williams, 702-433-8223