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Post by Franko10 ™ on Jan 30, 2005 21:37:55 GMT -5
GEMM Announces A Series of Photographic Updates
RENO, Nev.--(BUSINESS WIRE)--August 27, 1998--Juina Mining Corp. (OTC BB:GEMM - news) Thursday announced the beginning of a series of photographic updates via digital transmission from the mining operation to the Company's web site. The investment community will be able to follow the progress of the processing plant's installation, gaining an insight into the basic fundamentals of GEMM's operation. The photographic updates will continue throughout the mining process including the recovery and assortment of diamonds.
Tandem with the above developments, management is working seven days a week on the plant site and installation of the production facility in Juina. The target date for production is on line for September 1998.
GEMM has complied with all of the environmental regulations set forth by FEMA, the State environmental agency. The permits have been approved and issued for the production facility.
GEMM also announced the drilling results on approximately 195 hectares (481 acres) of its 1,000 hectare (2,471 acres) property located in Juina, Mato Grosso, Brazil. A total of 895,000 cubic meters of gravels have been delineated to date. GEMM is projecting a potential ore resource (gravels) with an estimated value of up to US$200,000,000 from this sector. (Please reference the news release dated May 14, 1998).
Juina Mining Corporation is a diamond resource and exploration company with exclusive rights to a mining and mineral concession on 1,000 hectares (2,471 acres) located in Juina, Mato Grosso, Brazil. Visit the company's web site at www.juinamining.com.
Except for the historical information contained herein with regards to the plan for commencing plant operations, the matters discussed in this news release contain forward-looking statements, as defined in Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, as amended. Such forward looking statements, and information involve risks and uncertainties, including but not limited to, late delivery of vendor supplies, equipment or services that may cause production delays, primary customer order rates, cancellations, and dependence on certain customers of the company's specialized business products. Other certainties related to the company's business and securities which are traded over the counter, are outlined in the information and materials available upon request. For more information, contact the Investor Relations Division of Kit Bromley & Co., Inc., 310/689-1026.
CONTACT: Investor Relations Division of Kit Bromley & Co., Inc.
310/689-1026
ird@kitbromley.com
COPYRIGHT 1998 Business Wire
COPYRIGHT 2000 Gale Group
RENO, Nev.--(BUSINESS WIRE)--August 27, 1998--Juina Mining Corp. (OTC BB:GEMM - news) Thursday announced the beginning of a series of photographic updates via digital transmission from the mining operation to the Company's web site. The investment community will be able to follow the progress of the processing plant's installation, gaining an insight into the basic fundamentals of GEMM's operation. The photographic updates will continue throughout the mining process including the recovery and assortment of diamonds.
Tandem with the above developments, management is working seven days a week on the plant site and installation of the production facility in Juina. The target date for production is on line for September 1998.
GEMM has complied with all of the environmental regulations set forth by FEMA, the State environmental agency. The permits have been approved and issued for the production facility.
GEMM also announced the drilling results on approximately 195 hectares (481 acres) of its 1,000 hectare (2,471 acres) property located in Juina, Mato Grosso, Brazil. A total of 895,000 cubic meters of gravels have been delineated to date. GEMM is projecting a potential ore resource (gravels) with an estimated value of up to US$200,000,000 from this sector. (Please reference the news release dated May 14, 1998).
Juina Mining Corporation is a diamond resource and exploration company with exclusive rights to a mining and mineral concession on 1,000 hectares (2,471 acres) located in Juina, Mato Grosso, Brazil. Visit the company's web site at www.juinamining.com.
Except for the historical information contained herein with regards to the plan for commencing plant operations, the matters discussed in this news release contain forward-looking statements, as defined in Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, as amended. Such forward looking statements, and information involve risks and uncertainties, including but not limited to, late delivery of vendor supplies, equipment or services that may cause production delays, primary customer order rates, cancellations, and dependence on certain customers of the company's specialized business products. Other certainties related to the company's business and securities which are traded over the counter, are outlined in the information and materials available upon request. For more information, contact the Investor Relations Division of Kit Bromley & Co., Inc., 310/689-1026.
CONTACT: Investor Relations Division of Kit Bromley & Co., Inc.
310/689-1026
ird@kitbromley.com
COPYRIGHT 1998 Business Wire
COPYRIGHT 2000 Gale Group
