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Post by Franko10 ™ on Jan 30, 2005 21:56:40 GMT -5
Juina Mining Corp. Announces Recovery Results
RENO, Nev.--(BUSINESS WIRE)--April 13, 1999--
Juina Mining Corp. (OTC BB:GEMM) (BERLIN:JUI.BER) announced the initial recovery rate of 4.12 carats of diamonds per cubic meter in the preliminary calibration stage of the processing plant.
Noel M. Frenzel, president of Juina Mining, stated, "We expect the recovery rate to improve significantly as the various components in the processing circuit are being balanced and calibrated to operate more efficiently."
Steve Issod, company consultant, stated, "With a projected operational cost of approximately 1/2 carat per cubic meter, the preliminary results support our belief that Juina Mining Corp. will prove to be a leading force in Brazil's future diamond production."
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)--April 13, 1999--
Juina Mining Corp. (OTC BB:GEMM) (BERLIN:JUI.BER) announced the initial recovery rate of 4.12 carats of diamonds per cubic meter in the preliminary calibration stage of the processing plant.
Noel M. Frenzel, president of Juina Mining, stated, "We expect the recovery rate to improve significantly as the various components in the processing circuit are being balanced and calibrated to operate more efficiently."
Steve Issod, company consultant, stated, "With a projected operational cost of approximately 1/2 carat per cubic meter, the preliminary results support our belief that Juina Mining Corp. will prove to be a leading force in Brazil's future diamond production."
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
