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Post by Franko10 ™ on Jan 30, 2005 21:55:53 GMT -5
Juina Mining Corp. Announces Production Update
RENO, Nev.--(BUSINESS WIRE)--March 22, 1999--Juina Mining Corp. (OTC BB:GEMM)(BERLIN:JUI.BER) Monday announced a production update on its diamond-mining operation in Brazil.
The company has begun processing two different 500-cubic-meter bulk lots of alluvial gravels to determine their grades and value. Based upon the results, the company will continue processing the bulk lot that has the highest revenue potential.
The company expects to be posting results within the next week, at which time the diamonds will be transported to the United States for immediate classification and sales to the pre-selected clients.
Juina Mining is a diamond-resource and exploration company with exclusive rights to a mining and mineral concession on 2,471 acres located in Juina, Mato Grosso, Brazil.
Visit the corporate Web site at www.juinamining.com to learn more about the company. See the company's weekly progress reports and digital photos.
Notice Regarding Forward-Looking Statements in News Release
To the extent that this news release contains forward-looking statements regarding the financial condition, operating results, business prospects or any other aspect of the company, be advised that the company's actual financial condition, operating results and business performance may differ materially from those projected by the company in forward-looking statements. The difference may be caused by a variety of factors, including, but not limited to adverse economic conditions; intense competition including intensification of price competition and entry of new competitors; adverse federal, state and local government regulation; inadequate capital; adverse weather conditions that could result in a slowdown of the company's mining operations; unexpected costs and operating deficits; increases in general and administrative costs; lower sales and revenues than forecast; disadvantageous currency-exchange rates; termination of contracts; loss of supplies; price increases for supplies and components; failure to obtain new customers and distribution channels; litigation and administrative proceedings involving the company; adverse publicity; loss or retirement of key executives and management personnel; interest-rate changes; inflationary factors; and other specific risks that may be alluded to in this news release or in any other reports issued by the company.
COPYRIGHT 1999 Business Wire
COPYRIGHT 2000 Gale Group
RENO, Nev.--(BUSINESS WIRE)--March 22, 1999--Juina Mining Corp. (OTC BB:GEMM)(BERLIN:JUI.BER) Monday announced a production update on its diamond-mining operation in Brazil.
The company has begun processing two different 500-cubic-meter bulk lots of alluvial gravels to determine their grades and value. Based upon the results, the company will continue processing the bulk lot that has the highest revenue potential.
The company expects to be posting results within the next week, at which time the diamonds will be transported to the United States for immediate classification and sales to the pre-selected clients.
Juina Mining is a diamond-resource and exploration company with exclusive rights to a mining and mineral concession on 2,471 acres located in Juina, Mato Grosso, Brazil.
Visit the corporate Web site at www.juinamining.com to learn more about the company. See the company's weekly progress reports and digital photos.
Notice Regarding Forward-Looking Statements in News Release
To the extent that this news release contains forward-looking statements regarding the financial condition, operating results, business prospects or any other aspect of the company, be advised that the company's actual financial condition, operating results and business performance may differ materially from those projected by the company in forward-looking statements. The difference may be caused by a variety of factors, including, but not limited to adverse economic conditions; intense competition including intensification of price competition and entry of new competitors; adverse federal, state and local government regulation; inadequate capital; adverse weather conditions that could result in a slowdown of the company's mining operations; unexpected costs and operating deficits; increases in general and administrative costs; lower sales and revenues than forecast; disadvantageous currency-exchange rates; termination of contracts; loss of supplies; price increases for supplies and components; failure to obtain new customers and distribution channels; litigation and administrative proceedings involving the company; adverse publicity; loss or retirement of key executives and management personnel; interest-rate changes; inflationary factors; and other specific risks that may be alluded to in this news release or in any other reports issued by the company.
COPYRIGHT 1999 Business Wire
COPYRIGHT 2000 Gale Group
