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Post by Franko10 ™ on Jan 30, 2005 22:10:02 GMT -5
U.S. Canadian Minerals Inc. Announces Its Subsidiary, Juina Mining Corp., Has Received the First Delivery of Processed Gold from the Yellow River Gold Mine
July 21, 2004 LAS VEGAS -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that its subsidiary, Juina Mining Corp. (Pink Sheets: GEMM), has received its first delivery of processed gold from the Yellow River Gold Mine. Juina will continue to process at Yellow River and update and expand its current facilities.
U.S. Canadian Minerals owns a majority interest in Juina Mining Corp., a Nevada corporation. Juina has a substantial interest in a joint venture partnership with DIAGEM International Resource Corp. (DGM) in the Brazilian company Juina Mining Mineracao, Ltd. (JMML), which holds a majority working interest in the mining and mineral rights to approximately 1,000 hectares (2,471 acres) of diamond bearing land in the District of Juina, Mato Grosso, Brazil -- the "Property 1000." Property 1000 is located in the District of Juina, at the southern region of the Amazon Basin.
Rendal Williams, CEO of U.S. Canadian Minerals, commented, "We are extremely excited that we have received this first gold shipment and believe this is indicative that deliveries will continue on a regular basis."
Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases and at http://uscanadianminerals.com; www.juinamining.com/; yellowriver.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
COPYRIGHT 2004 Business Wire
COPYRIGHT 2004 Gale Group
July 21, 2004 LAS VEGAS -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that its subsidiary, Juina Mining Corp. (Pink Sheets: GEMM), has received its first delivery of processed gold from the Yellow River Gold Mine. Juina will continue to process at Yellow River and update and expand its current facilities.
U.S. Canadian Minerals owns a majority interest in Juina Mining Corp., a Nevada corporation. Juina has a substantial interest in a joint venture partnership with DIAGEM International Resource Corp. (DGM) in the Brazilian company Juina Mining Mineracao, Ltd. (JMML), which holds a majority working interest in the mining and mineral rights to approximately 1,000 hectares (2,471 acres) of diamond bearing land in the District of Juina, Mato Grosso, Brazil -- the "Property 1000." Property 1000 is located in the District of Juina, at the southern region of the Amazon Basin.
Rendal Williams, CEO of U.S. Canadian Minerals, commented, "We are extremely excited that we have received this first gold shipment and believe this is indicative that deliveries will continue on a regular basis."
Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases and at http://uscanadianminerals.com; www.juinamining.com/; yellowriver.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
COPYRIGHT 2004 Business Wire
COPYRIGHT 2004 Gale Group
