SaviCorp signs contract to retrofit Bergelectric Corp’s SoCal fleet vehicles

SaviCorp, which trades on the OTC Pinksheets, under the ticker SVMI, is an innovative automotive technology company that licenses, manufactures, distributes and maintains a variety of IP patented technology & products that lower emissions and improve overall fuel efficiency. SVMI recently singed a contract to retrofit Bergelectric’s Southern California fleet of vehicles.

“We estimated that after about 6 months Bergelectric would have paid for their retrofit. SaviCorp is very excited about this sale, because the results from Bergelectric lends to our credibility, and the opportunity to close more fleet sales.”

SOURCE

Unity Management Group Announces Developments on Management, Acquisitions and Contracts

Unity Management Group (UYMG.PK) is pleased to announce that Dr. Michael Levin joins Metropolitan Computing Corporation (MCC). MCC is a wholly owned subsidiary of UYMG, and Mr. Levin is being brought on board to manage product development, develop new business and expand relationships with major pharmaceutical companies.

“Dr. Levin is a great addition to our executive leadership team.  He brings experience, leadership and a reputation as an industry expert that will take Unity Management Group to the next level,” said Unity Management Group President, Michael Oliver.

SOURCE

Gaming Company THQ Announced Strategic Partnership with Innovation Leisure

THQ is a leading developer and producer of interactive entertainment s0ftware. The announcement of this agreement with Innovative Leisure is a strategic step for the company moving forward. Innovative Leisure is a newly formed company comprised of industry veterans.

“The agreement will focus on creating and publishing digital games available through digital and mobile platforms.”

News Source

North Springs Resources Provides Update Regarding Letter of Intent to Acquire High-Potential Gold Project in Ghana-125 Million Ounces of Gold Located Within a 60 Mile Radius

LAS VEGAS, NEVADA–(Marketwire -01/13/12)- North Springs Resources Corp. (OTC.BB: NSRS.OB - News)(Pinksheets:NSRS.OB - News) (the “Company” or “North Springs”) is pleased to provide this update regarding the recently announced Letter of Intent (“LOI”) to acquire a ten percent (10%) interest in a high-potential gold exploration property in Ghana, Africa.

The property concession covers an area of approximately 5,100 acres located in the southeastern portion of Ghana’s historic Ashanti Gold Belt and is situated less than one mile from the border of a gold mining property that is currently producing in excess of 175,000 oz. of gold and $280 million in gross revenue per year.

Previous exploration conducted by Newmont Gold and others has included extensive geophysical (aeromagnetic) interpretation, soil and stream sediment sampling, trenching, auger drilling, and rock chip sampling. To date, four distinct mineralized gold zones have been identified on the property, two of which share contact with the unique geological structure that hosts gold mineralization at the open pit gold mines currently operating less than one mile away.

“This has all the makings of a world-class exploration play and an incredible opportunity for North Springs to quickly become a significant player in the Ashanti Gold Belt, one of the world’s hottest gold mining regions,” said Harry Lappa, President of North Springs. “The results from the project have been very promising and the property’s close proximity and similar geology to so many multi-million ounce gold deposits make this one of the most exciting prospects we have evaluated recently.”

The Ashanti Gold Belt is considered one the world’s premier gold producing regions. Many of the world’s largest and most successful gold mines are located within the Ashanti Gold Belt within a 60 mile radius of this property including, but not limited to, Obuasi (AngloGold Ashanti – 381,000 oz./year – 33.4 million oz. total), Ahafo (Newmont – 545,000 oz./year – 25.3 million oz. total), Tarkwa/Damang (Gold Fields – 928,000 oz./year – 19.6 million oz. total), Bogosso/Prestea (Golden Star – 180,000 oz/year – 3.8 million oz. total), Wassa/HBB (Golden Star – 280,000 oz./year – 4.7 million oz. total), Iduapriem (AngloGold Ashanti – 185,000 oz./year – 4.9 million oz. total), Akyem (Newmont – start in 2013 – 7.2 million oz. total), Chirano (Kinross – 48,000 oz./year – 2.4 million oz. total), and Nzema (Adamus/Endeavour – 100,000 oz./year – 3.0 million oz. total).

Terms of the LOI call for North Springs to advance $150,000 to the vendors within ten (10) days and make an additional payment of $100,000 within thirty (30) days. North Springs also anticipates funding a multi-phase work commitment on the property in 2012. The proposed transaction remains subject to, among other things, North Springs and the current property holders entering into a definitive agreement. There can be no assurance that the transaction will be completed as proposed or at all. If and when a definitive agreement is memorialized, additional details regarding this transaction will be forthcoming.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit www.northspringsresources.com.

Harry Lappa, President

North Springs Resources Signs Letter of Intent to Acquire Interest in Advanced Gold Property Located Less Than One Mile from $2 Billion Mine in Ghana

LAS VEGAS, NEVADA– North Springs Resources Corp. (OTC.BB: NSRS.OB - News)(Pinksheets:NSRS.OB - News) (the “Company” or “North Springs”) is pleased to announce it has signed a Letter of Intent to acquire an interest in an advanced gold exploration property in Ghana, Africa. The property is located within Ghana’s historic Ashanti Gold Belt and is situated less than one mile from the border of a gold mining property that is currently producing in excess of 175,000 oz. of gold and $280 million in gross revenue per year. Extensive soil and stream sediment sampling, trenching, auger drilling, and rock chip sampling indicates that the property has the potential to host both low-grade large tonnage and high-grade lode gold deposits similar to other multi-million ounce gold mines with similar geology operating in the immediate area.

“Acquiring a large concession of this quality located right next door to a producing mine in one of hottest gold mining regions of the world will be a major accomplishment for the Company,” said Harry Lappa, President of North Springs. “Many other companies are active in the area, including major players like Newmont, Goldfields, AngloGold, and Kinross, because they know that this is gold mining elephant country. We believe that acquiring a piece of this property will put us right in the middle of the action and position the Company for a potential multi-million ounce gold discovery.”

The Republic of Ghana, formerly known as the Gold Coast, is Africa’s second largest gold producing country, after only South Africa. Foreign mining investment in Ghana has benefited significantly from the country’s stable democratic government system and well established mining laws. Over the last century, Ghana has produced approximately 60 million ounces of gold and has a current estimated gold reserve of well over 100 million ounces with a gross mineral value estimated to be in excess of $162 billion dollars based on today’s gold spot prices. Despite Ghana’s long history of gold mining, the rate of new discovery and production in Ghana is still increasing. According to data from the Ghana Chamber of Mines, 2010 saw gold production in Ghana rise by 1.4% to 2.97 million ounces, with revenue from sales of the precious metal during the year increasing 27.5 percent to $3.62 billion.

The proposed transaction remains subject to, among other things, North Springs and the current property holders entering into a definitive agreement and completion of satisfactory due diligence by all parties. There can be no assurance that the transaction will be completed as proposed or at all. If and when a definitive agreement is memorialized, additional details regarding this transaction will be forthcoming.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit www.northspringsresources.com.

Harry Lappa, President

North Springs Resources Completes Goldstar Property Funding Commitment and Announces Drill Program to Prove 350,000 Ounce Gold Estimate

LAS VEGAS, NEVADA–(Marketwire -01/11/12)- North Springs Resources Corp. (OTC.BB: NSRS.OB - News)(Pinksheets:NSRS.OB - News) (the “Company” or “North Springs”) is pleased to announce it has completed the acquisition of a twenty percent (20%) working interest in the Goldstar/One Arm Joe Gold Project (the “Goldstar Property” or “Goldstar”) located near Wickenburg, Arizona, USA. The Company acquired the 20% interest by funding $500,000 in exploration and development expenditures at the Goldstar Property. The current phase of exploration at Goldstar is expected to begin immediately and will include final preparations for a 15-hole diamond core drill program scheduled to begin later this month. The drill program will focus on five target areas with proven gold bearing quartz vein structures already identified at the property.

The Goldstar Property consists of 9,000 feet of gold bearing quartz veins in two zones (Goldstar: 6,000 feet and One Arm Joe: 3,000 feet) over nine (9) claim blocks totaling 180 acres. A small section of the 6,000 foot long Goldstar quartz vein zone is adjacent to the entire southern border of the Grijalva Mine, a former underground gold-silver-copper mine with production from quartz veins over a 29 year period between 1908 and 1936. The Goldstar Property is also located 20 miles northeast of the famous Vulture Mine, which became the most productive gold mine in Arizona history, producing 340,000 ounces of gold and 260,000 ounces of silver from high-grade quartz veins.

Previous exploration at the Goldstar Property, including extensive surface sampling (500+), mapping, trenching, assaying, and metallurgy, assisted in calculating the property’s estimated reserve of 500,000 tons with an average grade of 0.7oz gold per ton – which could yield approximately 350,000 ounces of gold. Based on a recent review of geologic data and sample assay results, the original grade and tonnage estimates made by the project geologists have been validated. Based on current gold spot prices, the Goldstar Property may contain over $550 million in gross mineral value and possibly be the largest hardrock gold mine in Arizona history.

“Historically, Arizona has produced more than 16 million ounces of gold – that’s over $25 billion worth at today’s prices, but since 1998 almost all Arizona gold production has come as a byproduct of large-scale copper mining and many great hardrock gold projects like this one went undeveloped,” stated Harry Lappa, President, North Springs Resources. “But over the last few years, higher gold prices have encouraged smart miners to re-visit Arizona and gold mining activity has increased steadily. North Springs was fortunate to acquire such an advanced project with a known gold estimate. We are confident that the planned exploration and drilling at Goldstar could quickly prove up the current 350,000 ounce estimate and provide us with enough data to make the decision to build a new mine and quickly go into production.”

The Company has the right to acquire an additional fifteen percent (15%) working interest in the Goldstar Property (35% total) by funding another $3,000,000 of exploration and development.

Further information regarding the Goldstar/One Arm Joe Gold Project and other North Springs business will be made as additional information becomes available.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit www.northspringsresources.com.

Harry Lappa, President

North Springs Resources Discusses the Imperial Gold and Silver Property in Nevada-Dispatches Geological Team to Site for Detailed Project Review and Exploration Program Development

LAS VEGAS, NEVADA– North Springs Resources Corp. (OTC.BB: NSRS.OB - News)(Pinksheets:NSRS.OB - News) (the “Company” or “North Springs”) is very pleased to provide the following updated project and geological overview of the recently acquired Imperial Gold and Silver Property in Esmeralda County, Nevada, located about 150 miles northwest of Las Vegas in the Railroad Springs mining district. The well-known Goldfield mine, a historic five million ounce gold producer, is located 18 miles to the northeast. Easiest access to the property is by 13 miles of good gravel road from Silver Peak located to the north. The Silver Peak district is the second largest gold/silver producing area of Esmeralda County after Goldfield. Regionally, the Imperial Property is located within the Walker Lane, which hosts important precious metal deposits such as Bullfrog, Goldfield and Tonopah.

“The Imperial Property is an exceptional opportunity for North Springs to quickly prove up a significant gold resource and move it towards production. We have already dispatched our geologists to the property to conduct a detailed review of the project and plan our strategy to unlock its full potential,” said Harry Lappa, President of North Springs. “Previous operators estimated a small gold resource of approximately 50,000 ounces on the Imperial Property. Our immediate goal is to launch an aggressive exploration program to test and verify the known mineralization and potentially increase the previous resource estimate. We anticipate a positive site visit from our team.”

The Imperial Property project area is underlain largely by Cambrian age limestone, siltstone, shale and quartzite with lesser Tertiary age volcanics and intrusive dikes and Quaternary age alluvium. Favorable host rocks occur in the upper Campito formation and the middle Poleta formation within the project area. Abundant jasperoids, siliceous replacements of limey rocks, are found both along structures and as bedding plane replacements. Most of the jasperoids found on the property contain anomalous gold. Massive limestone of the lower Poleta formation may act as an aquaclude, helping to trap mineralized solutions. An altered Tertiary age quartz monzonite intrusive is exposed at the eastern end of the project area and younger Tertiary age felsic dikes are exposed throughout the property. Latite flows cover the higher topography bordering the project to the south.

Previous exploration programs conducted on the Imperial Property have identified and focused on four distinct targets associated with two major fault sets located in the project area. The four target areas include the Imperial Fault Target, the Jasperoid Breccia Target, the IP Target, and the Resource Target. The Imperial Fault and other associated west-northwest structural zones, have received the bulk of the exploration within the district. The Imperial fault can be followed on surface for approximately 4,000 feet and consists of at least three separate strands of near-vertical structures, although drilling indicates these faults may join at depth. All of the known high-grade gold/silver veins on the property are associated with the Imperial fault. Several other northeast trending faults that are largely covered but indicated by brecciated jasperoids and soil geochemistry trends, have received little attention as possible feeders. These faults serve as feeder structures to favorable host rocks in the middle Poleta formation at the Jasperoid Breccia and Resource targets. This set may also help enhance mineralization where it intersects the west-northwest fault set as at the eastern end of the Imperial Fault target.

Inspection of underground workings at the Imperial Mine indicates that the limited gold production came from high-grade (+0.30 oz/ton gold) shoots within three separate strands of the Imperial Fault. Although usually associated with hematitic/jarositic quartz and calcite, underground sampling indicates some gold values within decalcified siltstones and shales. There are therefore, two types of mineralization at Imperial, high grade veins and sediment hosted. Previous operators estimated that the Imperial Property could host approximately 50,000 ounces of gold as low grade disseminated mineralization with upside of both low grade disseminated and high grade vein mineralization.

Further information regarding the Imperial Gold Property and other North Springs exploration projects will be made as additional information becomes available.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit www.northspringsresources.com.

Harry Lappa, President

North Springs Resources Acquires Previously Producing Gold and Silver Mine Property in Nevada

LAS VEGAS, NEVADA– North Springs Resources Corp. (OTC.BB: NSRS.OB - News)(Pinksheets:NSRS.OB - News) (the “Company” or “North Springs”) is very pleased to announce that it has acquired the Imperial Gold/Silver Property located in Esmeralda County, Nevada, located about 150 miles northwest of Las Vegas in the Railroad Springs mining district.

On January 8, 2011, North Springs entered into a Minerals Lease and Agreement with MinQuest, Inc., a Nevada corporation (“MinQuest”), whereby the Company acquired the right to conduct mineral exploration activities for a term of twenty (20) years on various unpatented mining claims situated in Esmeralda County, Nevada, collectively known as the “Imperial Property”, subject to a three percent (3%) Net Smelter Royalty to be paid to MinQuest. In exchange for the Imperial Property, the Company shall pay an aggregate of one hundred forty thousand US dollars ($140,000) to MinQuest and provide an aggregate of three million US dollars ($3,000,000) in work commitments over the term.

The Imperial Gold/Silver Property consists of 24 unpatented mineral claims covering approximately 480 acres between the Montezuma Range to the northeast and the Silver Peak Range to the southwest. The property hosts a potential “Carlin style” deposit of gold mineralization that is located near surface and likely amenable to low-cost and efficient heap leaching. Drilling conducted in the early 1980′s identified a target more than one mile long and intercepted 100 feet of 0.036 oz/ton gold including 15 feet of 0.062 oz/ton gold. Historical workings also defined a small reserve of 0.05 oz/ton gold mineralization and confirmed the presence of Carlin-style gold in silty rocks adjacent to northeast trending high angle feeder faults. These targets and others required further drill testing.

Previous operators also identified several high grade gold occurrences in the vicinity of the Imperial adit portals that remain undeveloped. Historical drilling of these targets showed very promising results such as 30 feet of mineralization averaging 0.081 oz/ton gold starting at the surface. This hole identified the location of a northeast trending feeder fault and indicates strong gold mineralization potential to the southwest which also remains untested. Other drilling highlights include; 7.636 oz/ton gold and 0.251 oz/ton silver over 2.5 feet; 1.517 oz/ton gold over 2.5 feet; and one drill hole which intersected 10 feet (105′ to 115′) of 0.50 oz/ton gold occurring within a larger 40 foot interval (100 to 140′) that averaged 0.154 oz/t gold. Geologic mapping has documented favorable carbonate host rocks of Cambrian age throughout the property. Additional potential feeder faults for sediment hosted gold were mapped and include the west-northwest trending Imperial fault and a series of northeast trending structures. Drilling has identified open-ended shallow mineralization at the resource target located at the eastern end of the property.

“The Imperial will make another great acquisition for North Springs. It has many ideal characteristics that we look for in new projects, including previous production and clearly defined exploration targets with the strong possibility for additional significant gold discoveries,” said Harry Lappa, President of North Springs. “We are extremely happy with all of our recent acquisitions and will continue to work to position ourselves as an emerging leader in gold and silver exploration and build shareholder value.”

The Imperial Property is within what is called the Railroad Springs mining district, but is so close to Silver Peak district that it is often included in discussions of that area. The Silver Peak district was first mined in the 1860′s and has a long and productive history that includes many famous high-grade underground mines such as the Sixteen to One as well as recent open pit heap leach operations such as those at Mineral Ridge. Published literature indicates that the Imperial Mine was first developed in the 1920′s, but apparently had little or no production until the late 1930′s. The mine produced approximately 10,000 tons of ore grading 0.5 oz/ton and was probably shut down at the beginning of World War II. The mine has two adits, the longest of which has 2,620 feet of drifts and crosscuts. A 200-foot shaft, which is not accessible, is also located on the property. Ore mined from the property was previous treated by cyanide “vat” leach. Tailings on the property have been assayed and average 0.05 to 0.10 oz/ton gold.

Further information regarding the Imperial Property and other North Springs exploration projects will be made as additional information becomes available.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit www.northspringsresources.com.

Harry Lappa, President

North Springs Resources Reaches Agreement to Acquire Two Gold Properties in Guyana

LAS VEGAS, NEVADA– North Springs Resources Corp. (OTC.BB: NSRS.OB - News)(Pinksheets:NSRS.OB - News) (the “Company” or “North Springs”) is pleased to announce it has reached an agreement in principle to acquire a 100% interest in two prospecting licences in the prolific gold producing region known as the Kabouri Gold Mining Area in the country of Guyana, South America. The Company is currently completing its final project due diligence and negotiating the definitive terms of the potential acquisition. A definitive agreement is expected to be reached and executed within 48 hours.

The “Kabouri Project Area Licence R-20″ and “Kabouri Project Area Licence R-21″ cover a combined area of over 25,000 acres of prime greenstone belt located about 160 km south-south west of Georgetown, Guyana. The properties share similar geological and geochemical characteristics with several well-known gold producing mines in the immediate area at Omai, Kabouri, Eldorado, and Hicks. Although the R-20 and R-21 licences have no documented history of gold production, they show evidence of artisanal mining from alluvial, colluvial, and bedrock sources. Extensive regional geochemical surveys and stream sediment surveys conducted by the Guyana Geology and Mines Commission (“GGMC”) showed moderately to strongly anomalous gold concentrations within both properties that warrant immediate follow-up. The entire R-20 and R-21 prospecting licence area has been subject to regional geological and geochemical studies by the GGMC and is also covered by compiled aeromagnetic data.

“This is a fantastic opportunity for North Springs to acquire two very large properties right in the middle of one of the most important gold producing regions in the world. The location of the properties, their geologic setting, and their history of artisanal mining all combine to give this project huge potential upside with relatively low early stage risk,” stated Harry Lappa, President of North Springs Resources. “The widespread artisanal mining in the area is a very an important exploration factor for us to consider. The Omai Mine, to the southeast was worked for many years by artisanal miners before being re-discovered as large scale commercial mine with over 4 million ounces of gold produced. We intend to find out if the artisanal workings on the R-20 and R-21 are also just the tip of a much larger deposit lurking underneath.”

The Kabouri Gold Mining Area is part of a well-defined 1,000 mile long band of gold producing greenstone geology from Venezuela and French Guyana. The area is often compared to similar gold producing areas in West Africa. Numerous world-class gold mines have operated in the region with an estimated total combined gold resource of over 110 Moz., including Las Christinas (17 Moz. – Venezuela), El Callo (18 Moz.-Venezuela), Toroparu (10 Moz. – Guyana), Aurora (6.5 Moz. – Guyana), Omai (4 Moz. – Guyana), Gros Rosebel (13.7 Moz. – Suriname), Nassau (9 Moz. – Suriname), and Paul Isnard (3.9 Moz. – French Guyana).

The proposed transaction remains subject to, among other things, North Springs and the vendors entering into a definitive agreement and completion of satisfactory due diligence by both parties. There can be no assurance that the transaction will be completed as proposed or at all. If and when a definitive agreement is memorialized, additional details regarding this transaction will be forthcoming.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit www.northspringsresources.com.

Harry Lappa, President

ABOT Mining Announces Appointment of President

SHERMAN OAKS, Calif., Dec. 29, 2011 - ABOT Mining (Pink Sheets: ABOT.pk) announced that effective December 28, 2011, Morris Rafi resigned as the President, Chief Executive Officer, Chief Financial Officer, and Secretary of ABOT Mining (the “Company”).  Prior to Mr. Rafi’ resignation, Imran Firoz was appointed as the director and Mr. Firoz became the President, Chief Executive Officer, Chief Financial Officer, and Secretary of the Company.

Mr. Firoz has a proven track record in the areas of investment banking, strategic planning & corporate development, M&A, financial restructuring and risk management. Over the past 15 years, Mr. Firoz has held a variety of leadership positions across the globe with organizations in the United States, Canada, Middle East and India.

Mr. Firoz received his MBA in April 2001 from Richard Ivey School of Business, University of Western Ontario, Canada and graduated in July 1993 with Bachelor of Engineering (Chemical) from Aligarh University, India. Mr. Firoz is a Certified Financial Risk Manager from Global Association of Risk Professionals (GARP), New Jersey since January 2003.

About the Company
ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT’s strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.

 

Forward-Looking Statement
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Contact:
Imran Firoz, President
ABOT Mining Co.
13920 Moorpark Street, Suite 201,
Sherman Oaks, CA 91423

North Springs Resources Corp: Aggressive Exploration Program Proposed for North Springs Gold Property in Nevada

North Springs Resources Corporation (OTCBB:NSRS)(PINKSHEETS:NSRS) (the “Company” or “North Springs”) is pleased to outline the proposed exploration work program for the North Springs Gold Property located in prestigious Mineral Ridge Mining District of Nevada. The recommended $500,000 work program will focus on several untested gold targets that include disseminated mineralization, high-grade shear zones, and feeder veins similar to those that have been open-pit mined by several companies at other Mineral Ridge gold deposits in the area.

“We have well defined drill targets based on already completed field work providing excellent potential for the discovery of a significant gold deposit at the North Spring Gold Property. The proposed drill targets include high-grade free-visible gold mineralization exposed at surface which appears to be a stacked series of mineralized shear zones that could provide an attractive open-pit target,” stated Harry Lappa, President of North Springs Resources. “We will also test several locations with gold bearing veins exposed in old workings. The Company will continue to evaluate this work program, as well as review other potential mining opportunities prior to finalizing our exploration plans in the next few days.”

The proposed detailed work program for the North Springs Gold Property includes;

  • North Springs is working to permit an initial 10-hole reverse circulation drilling program to test known gold mineralization on the property.
  • Additional detailed mapping and geochemical sampling of the probable mineral targets to better define surface extent and orientation of the gold anomalies
  • Gridline soil geochemical sampling in the Roadrunner Target area and in that portion of the Coyote Summit Target which is on pediment (shallow bedrock).
  • Gridline bio-vegetation sampling in that portion of the Coyote Summit Target area which extends southwesterly under alluvial (transported) soil cover.
  • Limited magnetic and possible Induced Polarization (IP) and CSAMT geophysical surveys or profiles over the primary defined target areas to establish three-dimensional extent of sulfide mineralization.
  • Explore the lands adjacent to the North Springs Gold Property Area and potentially acquire available new claims.
  • Evaluate all data compiled and prepare a new Technical Report for the North Springs Gold Property.

Management Review of Property:

The North Springs Gold Property has the potential to host lenticular, low-angle, disseminated gold and high-grade vein systems similar to those presently being mined in the nearby Mineral Ridge Mine of Scorpio Gold and Golden Phoenix, Inc. Based on the present level of investigation and sampling, the primary target areas worthy of additional exploration are the “Roadrunner” and “Coyote Summit” mineral targets, as defined by historical workings and the present mapping and sampling efforts. A number of possible additional “feeder-vein” structures have also been identified on the project lands that have undergone limited sampling and also warrant follow-up.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit our website.

Harry Lappa, President

THIS NEWS RELEASE CONTAINS “FORWARD-LOOKING STATEMENTS”, AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS “ESTIMATE”, “ANTICIPATE”, “BELIEVE”, “PLAN” OR “EXPECT” OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH NATURAL RESOURCE EXPLORATION AND DEVELOPMENT AND NEEDS FOR FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY’S MOST RECENT ANNUAL REPORT ON FORM 10-K AND ON FORM 10-Q AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY’S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY’S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY’S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. FINRA, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

Contacts:

LiveCall Investor Relations
for North Springs Resources Corp.
Gerry Belanger
(201) 984-5646

North Springs Resources Negotiating on Premiere Arizona Property

North Springs Resources Corp. (OTCBB:NSRS)(PINKSHEETS:NSRS) (the “Company” or “North Springs”) is pleased to announce that it has signed a Letter Of Intent (“LOI”) with DNP Mining LLP (“DNP”) to acquire an interest in a significant gold property in Arizona. The basic terms of the LOI require North Springs to pay $500,000 for a 20% working interest.

North Springs is currently conducting a property evaluation and negotiating definitive terms of the potential acquisition. The Company believes that the property’s past workings and estimated reserves can add significant shareholder value and firmly establish North Springs as a growth focused mining business.

The Goldstar/One Armed Joe Project, located near the city of Wickenburg, Arizona, consists of 900 feet of quartz veins in two zones (Goldstar: 600 feet and One Armed Joe: 300 feet) over nine (9) claim blocks totaling 180 acres.

“This is a gold project with huge potential! If we complete our acquisition of the property, we will be aggressive in moving forward with its development,” stated Harry Lappa, President of North Springs. “We envision an exploration and development program that will include core drilling, a comprehensive mining plan, obtaining the necessary mining permits, and building a small pilot plant at the property.”

The proposed transaction remains subject to, among other things, North Springs and DNP entering into a definitive agreement and completion of satisfactory due diligence by both parties. There can be no assurance that the transaction will be completed as proposed or at all. If and when a definitive agreement is memorialized, additional details regarding this transaction and the Goldstar/One Armed Joe Project will be forthcoming.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit our website.

Harry Lappa, President

THIS NEWS RELEASE CONTAINS “FORWARD-LOOKING STATEMENTS”, AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS “ESTIMATE,” “ANTICIPATE,” “BELIEVE,” “PLAN” OR “EXPECT” OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH NATURAL RESOURCE EXPLORATION AND DEVELOPMENT AND NEEDS FOR FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY’S MOST RECENT ANNUAL REPORT ON FORM 10-K AND ON FORM 10-Q AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY’S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY’S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY’S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. FINRA, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

Contacts:

LiveCall Investor Relations
for North Springs Resources Corp.
Gerry Belanger
(201) 984-5646

North Springs Resources Completes Initial Sampling and Submits for Additional 42 Claims; Secures Initial Financing of $130,000 of $1 Million Draw-Down Line of Credit Note

North Springs Resources Corp. (OTCBB:NSRS)(PINKSHEETS:NSRS) (the “Company” or “North Springs”) is pleased to announce that it has completed initial field work and sampling on the North Springs Gold Project, which is located in the prestigious Mineral Ridge Mining District in Esmeralda County, Nevada, USA. In addition, the Company has secured a $1 million Draw-Down Line of Credit Note to fund exploration, growth, and on-going operations.

In early October 2011, a team of independent geologists took 42 rock-chip samples from the Company’s current claims and surrounding areas. The results from this sampling program identified significant gold mineralization up to 0.23 ounces per ton from surface workings (complete results are available on our website). Based on these findings, North Springs has, this week, submitted documentation to record an additional 42 claims with the Nevada Bureau of Land Management in Esmeralda County, which should be accepted shortly. If successful in recording all 42 claims, the North Springs Gold Project will consist of a total of 58 claims covering 1,160 acres.

“We are hitting the ground running! The samples that were recently sent to the lab for assaying have returned with very favorable results. I’m very pleased that we have quickly proven the potential of the project and shown our team’s commitment to success,” stated Harry Lappa, President of North Springs Resources. “In addition to returning some high-grade gold samples, the initial sampling work vastly increased our knowledge of the property. As a result, the Company is attempting to add an additional 42 claims in the area surrounding our existing claims to fully exploit the opportunity. The North Springs Gold Project currently has well defined drill targets based on both geologic mapping and surface sampling; presently demonstrating excellent potential for the discovery of a significant gold deposit.”

Also, the Company has secured an initial financing of $130,000. This initial financing is part of a 12-month $1 million Draw-Down Line of Credit Note. The proceeds from this financing will be used for general working capital purposes or such other purposes as the Company may determine from time to time.

Mr. Lappa went on to state, “The initial financing, as well as the access to future capital, increases our flexibility to further operations and to allocate funds to the acquisition, exploration, and development of additional mining projects.”

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in this offering, nor will there be any sale of these securities in any jurisdiction in which such offer solicitation or sale are unlawful prior to registration or qualification under securities laws of any such jurisdiction.

About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. Currently, we are in the evaluation and acquisition phase of operations. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

For additional information, please visit our website.

Harry Lappa, President

THIS NEWS RELEASE CONTAINS “FORWARD-LOOKING STATEMENTS”, AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS “ESTIMATE”, “ANTICIPATE”, “BELIEVE”, “PLAN” OR “EXPECT” OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH NATURAL RESOURCE EXPLORATION AND DEVELOPMENT AND NEEDS FOR FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY’S MOST RECENT ANNUAL REPORT ON FORM 10-K AND ON FORM 10-Q AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY’S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY’S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY’S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.

 

Contacts:
Investor Contact:
Gerry Belanger
LiveCall Investor Relations for
North Springs Resources Corp.
(201) 984-5646

ABOT Mining Announces Full Production Launch Beginning Early 2012

SHERMAN OAKS, Calif., Dec. 23, 2011 – ABOT Mining (Pink Sheets: ABOT) is pleased to announce its first production plan for beginning of 2012. The total ore allocated to ABOT Mining is estimated to be up to 9 million tons. As reported earlier, initial flotation engineering results from the surface of the ore indicated a recovery value of 89.00% of the Au and Ag and showed 2.51 ounces of Au and 19.00 ounces of Ag per metric ton.
After the initial production run of 1,000 tons of ore in the beginning of 2012, ABOT Mining is planning to increase the tonnage up to 10,000 tons per run subject to agreement with various mills. ABOT Mining further expects feed grade to improve from 2.51 to up to 10.00 ounces of Au per metric ton as the production team access the ore from beneath the surface.
“Beginning of 2012 shall be a watershed moment for ABOT Mining as we will commence full production that will make us a cash flow positive company. Proceeds from operations shall be fully invested to increase the production rate from this allocated tonnage and will concurrently allow us to develop other properties in our portfolio,” said Morris Rafi, President of ABOT Mining.
About the Company
ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT’s strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.

Forward-Looking Statement
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact:

Morris Rafi, President
ABOT Mining Co.
13920 Moorpark Street, Suite 201,
Sherman Oaks, CA 91423
E: info@abotmining.com

ABOT Mining Co. to Acquire Adjacent Mineral Claim to the Aztlan 8B

SHERMAN OAKS, Calif., Dec. 22, 2011 — ABOT Mining (Pink Sheets: ABOT.pk) through arrangement with its mining and joint venture partner Rising Star S.A. de C.V., a Mexican Corporation (“Rising Star”) is pleased to announce that it was given notice by the Mexican Government that the mineral property adjacent to and contiguous with the Aztlan 8B Project has been allocated to ABOT Mining/Rising Star joint venture.

The details of the subject property shall be released once the final documentation is completed after the current holiday season when Government offices re-open. As per preliminary study, the subject property is consistent in testing and surface sampling to the Aztlan 8B. Furthermore, there has been some history of mining in the area thereby prompting ABOT Mining to expand its interest through this acquisition.

“Our experience in Aztlan 8B area has given us the opportunity to add this property to our portfolio. This acquisition is consistent with our aggressive growth strategy as we are quickly expanding our portfolio with the acreage that is consistent with the geology favorable to exploration and development,” said Morris Rafi, President of ABOT Mining.
About the Company

ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT’s strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.

Forward-Looking Statement

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact:
Morris Rafi, President
ABOT Mining Co.
13920 Moorpark Street, Suite 201,
Sherman Oaks, CA 91423
E: info@abotmining.com

ABOT Mining Co. Initializes Production Test Run with 1,000 Tons of Ore

SHERMAN OAKS, Calif., Dec. 21, 2011 – ABOT Mining (Pink Sheets: ABOT.pk) and its Mexican joint venture partner is pleased to announce that they have allocated 1,000 tons of Ore as an initial production test run. Subject to recovery rate results and refining cost from this production test run; ABOT Mining shall increase the tonnage and frequency of the production.ABOT Mining has further received encouraging initial flotation engineering results, indicating a recovery value of 89.00% of the Au and Ag and show 2.51 ounces of Au and 19.00 ounces of Ag per metric ton. Based on these criteria, ABOT Mining has contacted several mills and is in advance negotiation to finalize contract terms in order to define refining costs and to establish acceptable recovery rates for its Ore supply.

“We are extremely positive about the possibilities of this initial production test run of 1,000 tons of ore. The testing process shall provide us invaluable information on our Ore supply and should put us on the fast track to become a revenue generating company in the near future,” said Morris Rafi, President of ABOT Mining.

About the Company

ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT’s strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.

Forward-Looking Statement

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact:

Morris Rafi,
President
 
ABOT Mining Co.
13920 Moorpark Street, Suite 201
Sherman Oaks, CA 91423
Email: info@abotmining.com

North Springs Resources Corporate Update

North Springs Resources Corporation (OTCBB:NSRS) (the “Company” or “North Springs”) is pleased to offer the Company’s analysis and overview of the Company and its outlook.

North Springs Resources was formed to acquire and develop near-term production mineral projects or mineral properties with the potential of significant resources. The Management of North Springs Resources has considerable mining expertise, sophistication, commitment, intellect and a well-balanced understanding of the mineral resource industry and the financial markets. The Company has also built a strategic network of relationships within the mining industry that will enable them to identify mining targets that are ready to be developed. The result is a well-balanced corporation managed by an inspiring team of qualified professionals.

“We have a goal to become a producing gold and silver company and we will be aggressive in our search, acquisition and development of gold prospects in North America and abroad. Our acquisitions will be carefully chosen to bring significant return to our shareholders. North Springs will target and position itself to acquire past-producing and/or significant exploration projects and work toward their full development to drive revenues and build core reserves. We are a motivated and driven company with big goals,” stated Harry Lappa, President, North Springs Resources. “With the North Springs Gold Property, we have chosen a strategically located property in one of the most prolific Gold and Silver mining districts. North Springs Resources has positioned itself for success and will continue to acquire properties with strategic locations for discovery or have existing resources on them. We will be diligent and responsible to our shareholders as we move North Springs Resources forward.”

North Springs Property:

The North Springs Gold Project is located about 8 miles northwest of town of Silver Peak, Nevada. The Silver Peak Mountain Range lies in the southern reaches of the Great Basin, within the Walker Lane structural corridor. The Walker Lane is a 100-km-wide region of right lateral, wrench-faulting which separates the Sierra Nevada batholith to the west and southwest and the Great Basin to the east and northeast.

The North Springs land package consists of approximately 16 unpatented federal lode mining claims that cover two separate areas, the Roadrunner Block and the Coyote Summit Block, and total approximately 320 acres. The geology at North Springs is similar to that of the nearby Mineral Ridge Gold Deposits, and indeed, may actually be a continuation of the same gently-dipping, sheet-like body which hosts gold mineralization there. Gold mineralization at Mineral Ridge and the adjacent areas is hosted by localized pegmatitic alaskite and accessory quartz veins that exist near a granite-metasediment contact.

Both the North Springs Gold Property and the Mineral Ridge Gold Deposits are situated along a regional northwest trending, large anticline known as the Mineral Ridge Metamorphic Core Complex. This complex contains extensive high-grade gold veins (52 miles of underground workings on low-angle veins) and stacked, low angle, shear zones which have been open pit mined in several deposits. The Mineral Ridge Gold Deposits currently contain a current resource estimate of 500,000 ounces of gold. Scorpio Gold Corporation and Golden Phoenix Minerals, Inc.’s “Mineral Ridge” Joint Venture has a mineral resource estimate “of 221,000 ounces of gold in the measured and indicated categories and 136,000 ounces of gold in the inferred category within the area of the Drinkwater and Mary pits. The current mine plan contemplates 3.2 million tons of mineralized material being mined over a period of 41 months.” (from the Scorpio Gold Website).

The North Springs Gold Property occupies very similar geology, alteration, mineralization, geochemistry and structural setting to the Mineral Ridge Gold Deposits. In fact, the North Springs Gold Property sits less than three (3) miles from Scorpio Gold’s Mineral Ridge property. Historical sampling at the North Springs Gold Property has identified gold mineralization up to 0.8 ounces per ton from surface workings (complete results are available on our website). The North Springs Gold project contains several untested gold targets that include open-pit, disseminated mineralization and high-grade shear zones and feeder veins, similar to those that have been mined by several mining companies at the nearby Mineral Ridge deposits.

Management believes that in addition to its proximity to major discoveries (namely the Mineral Ridge Deposit), the North Springs Gold Property’s physical location makes it an ideal property for exploration and development. Existing infrastructure, including manpower and accessibility for the North Springs Property, is supported by the close proximity to the towns of Silver Peak and Tonopah, Nevada. State highways and paved roads provide easy access, while moderate temperatures allow for year-round physical work on the property.

Political support for the mining industry enjoyed by the state of Nevada was another determining factor for management when selecting the North Springs Property. Favorable laws, positive safety regulations, and the lack of political unrest seen in many other parts of the world are among the main reasons that Nevada’s gold production accounted for more than 79% of total U.S. production and 7.2% of the world’s gold production in 2009 (Economic Overview of Nevada’s Mineral Industry report; Nevada Mining Association). Nevada State Geologist and Director of the Nevada Bureau of Mines and Geology Jonathan Price recently stated that Nevada is still in its biggest mining boom, one that produced more than 200 million ounces of gold in Nevada from 1981 to 2009.

THIS NEWS RELEASE CONTAINS “FORWARD-LOOKING STATEMENTS”, AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS “ESTIMATE”, “ANTICIPATE”, “BELIEVE”, “PLAN” OR “EXPECT” OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH NATURAL RESOURCE EXPLORATION AND DEVELOPMENT AND NEEDS FOR FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY’S MOST RECENT ANNUAL REPORT ON FORM 10-K AND ON FORM 10-Q AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY’S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY’S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY’S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. FINRA, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

Contacts:

North Springs Resources Corp. – Corporate Contact
Harry Lappa
President
(775) 398-3078

ABOT Mining Co. Provides Update on its Aztlan 8B Project in Mexico

SHERMAN OAKS, Calif., Dec. 19, 2011 – ABOT Mining (Pink Sheets: ABOT.pk) is pleased to provide the following update on mining activities around its Aztlan 8B Project (the “Project”) which is centrally located in the State of Nayarit in the Tecuala Mining District on the west coast of Mexico. The Tecuala Mining District is considered a widely mineralized area and identified as a major deposit of gold and other minerals.

The area around the Project has been extensively explored and is currently being mined by several known publicly traded and private junior mining companies. For example, to the north and east of the Project, Nayarit Gold, Inc., holds extensive mining claims and is conducting core drill evaluations. Few kilometers to the south of the Project is another successful mining company, Vane Minerals Group, which has the “El Diablito” claim that has average feed grade ranged from 2 g/T Au, 200 g/T Ag (Source: www.vaneminerals.com). Further in the vicinity of the Project is US Gold, which has its El Gallo Project where only a limited amount of drilling has occurred on veins, but the results have been encouraging with measured and indicated resources of 39.8 million oz. of Ag and 550,000 oz. of Au (Source: www.usgold.com).

Based on these encouraging discoveries by mining companies around the Project area, ABOT Mining is extremely positive on the prospects of the Project and is looking forward to initiate its preliminary phase of its trench testing program. As evidenced by results of other mining companies, past surface trench testing has revealed deposits of placer and epithermal gold deposits, where overall bulk sample feed grade ranged from 0.20 gm/t to 39.00 gm/t. Mexico has a rich mining history of almost 500 years and has become the prime destination and a top tier country to develop mining operations as per Fraser Institute.

About the Company

ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT’s strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.

Forward-Looking Statement

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact:

Morris Rafi, President
 
Abot Mining Co.
13920 Moorpark Street - Suite 201
Sherman Oaks, CA
91423
Email: info@abotmining.com

Abot Mining Acquires Mexican Gold and Silver Property

ABOT Mining (Pink Sheets:ABOT.pk) announced today that it has formulated an agreement with Rising Star S.A. de C.V., a Mexican Corporation, to acquire 50.00% equity interest in its Mexican mineral property (the “Aztlan 8B Project”).

The Aztlan 8B Project is located in the State of Nayarit in the Tecuala Mining District on the west coast of Mexico. The claim covers 300 plus acres, and is within a few kilometers of the pueblo ‘Paulo Blanco’. The Tecuala Mining District is considered a widely mineralized area and identified as a major deposit of gold and other minerals. The area around the Aztlan 8B has been extensively explored and is currently being mined by several known junior mining companies and geological institutions. According to Rising Star, past surface trench testing by others revealed deposits of placer and epithermal gold deposits, where overall bulk sample feed grade ranged from 0.20 gm/t to 39.00 gm/t. These tests were conducted across outcroppings of silicified volcanic breccias.

Mexico has a rich mining history of almost 500 years which preceded the arrival of the Spaniards in 1500s. However, since 1995, mining exploration has become increasingly attractive for foreign investors due to the creation and amendment of the applicable legal framework including the North American Free Trade Agreement and implementation of mining laws and environmental regulations that are favorable to mining exploration, development and production.

“We look forward to partnering with Rising Star and initiating the preliminary phase of our trench testing program of the Aztlan 8B Project. We strongly believe that results from our preliminary phase shall provide an objective view on viability of these gold and silver deposits. Subsequent to these results, the Company shall utilize its financing capabilities and Rising Star’s mining expertise to develop the Aztlan 8B Project and to further explore and acquire additional mineral properties,” said Morris Rafi, President of ABOT Mining.

About the Company

ABOT is a US based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties and is currently headquartered in Sherman Oaks, California. ABOT plans to create long term shareholder value by implementing an aggressive exploration program, making new precious metals discoveries and developing mining properties with long-life and low cost operation. ABOT’s strategy is based on a positive outlook in the precious and semi-precious sector and finding synergies with mineral owners to deliver consistent returns to its shareholders.

Forward-Looking Statement

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact:
Morris Rafi, President
ABOT Mining Co.
13920 Moorpark Street, Suite 201,
Sherman Oaks, CA 91423
E: info@abotmining.com

SOURCE ABOT Mining Co.

AVIX Targets Crown Tele Services and Multi-Billion Dollar Telecommunications Market

TORONTO–(BUSINESS WIRE)– AVIX Technologies, Inc. (the “Company” or “AVIX”) (Pink Sheets: AVIX) announced today it has entered into a Letter of Intent with Crown Tele Services, Inc., a Nevada Corporation and subsidiary of Crown Equity Holdings Inc. (OTCBB: CRWE.OB – News) to acquire an exclusive licensing agreement for Canada and a non-exclusive global licensing agreement in the hospitality, foodservice and tourism industries for telecommunications including VOIP (Voice Over Internet Protocol) telecom technology systems for residential and commercial services, calling card and cellular phone applications.

Cornelia Volino, President of AVIX stated: “AVIX’s alliance with Crown Tele Services will position the Company to enter into the Telecom market at a far accelerated pace with significant savings in its equipment and programming costs.”
Initially AVIX plans to pursue the home phone and small business markets offering a choice of several attractive price points with substantial savings for the customer.

Future markets being considered include the cellular market with global calling packages for Smart Phone, Simbian, Andriod and Blackberry. Commenting on the Letter of Intent, Kenneth Bosket President and CEO of Crown Tele Services, Inc. stated: “This Agreement will enable AVIX Technologies, Inc. to deliver VoIP communications solutions specifically designed to meet the business and residential market needs at rates that will compete with any company in this market that we are aware of.”

About Crown Tele Services, Inc. www.crownteleservices.com
Crown Tele Services Inc. is a provider of affordable, world class (VoIP) communications solutions and is a wholly owned subsidiary of Crown Equity Holdings Inc.
Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. www.crownequityholdings.com.

About AVIX Technologies, Inc. www.avixt.com
AVIX is focused on identifying potential acquisitions and joint venture opportunities in various target markets that offer leading edge technology and services on a global scale.

Safe Harbor
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AVIX Technologies, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Southridge Announces Exceptional Trenching Results at Los Compadres Gold & Silver Property

DALLAS, TX- Southridge Enterprises Inc. (Pinksheets: SRGE.PK – News) (“Southridge” or the “Company”) is pleased to announce the initial results of a trenching and sampling program that was conducted on its Los Compadres Project in Santa Maria del Oro in Nayarit, Mexico.

The trenching and mapping results strengthen our commitment to this exceptional property. A new zone of porphyry copper-gold hydrothermal mineralization and a high-grade vein system with abundant visible gold were uncovered at Los Compadres. A composite grab sample of this 0.25 meter wide vein assayed 64.8 g/t Au. The vein was exposed for a length of 16 meters before it was mantled by Calc-alkaline volcanic rock. A channel sample cut above this vein and across another new zone in the immediate area assayed 18.31 g/t Au over 5.0 meters. A series of other excavations have been completed and sampled; however, as of today, assay results are yet to be received and will be announced immediately as they become available. The 2011 drill program has been delayed because of drill rig availability and it is now anticipated that this work will commence in January 2012.

In a management strategy to address the Company’s low share price, increased attention has been given to finalizing the details of a Stock Buy-Back Program in order to assist in the building of a stronger share trading price point in the marketplace that more accurately reflects the asset value and potential of the Company.

Regarding other recent developments and processes, Southridge management is continuing its efforts to retire some of the restricted shares outstanding to improve the capital structure of the Company. Also, due to the success of Southridge’s mining efforts in Mexico over the past six months, the Company has attracted the attention of a number of Canadian public companies that has led to discussions regarding joint venture and financing proposals. The Company is currently reviewing the proposals to decide which transactions fit the Company’s future development plans in order to move forward with their completion. Details will be announced as they occur over the next quarter. Additionally, the Company’s annual report and year-end financial statements are expected to be filed in the next several weeks with OTC Markets.

Southridge President, Michael Davies, commented, “Southridge is highly encouraged by the minerals results from our Los Compadres property. We strongly believe that ore from this property location could add significantly to the production values we expect to achieve from our mill on the Cinco Minas site. The results from Los Compadres will add to our negotiating position in any future joint venture efforts completed with other mining companies. On the Company equity side, management is adamant to improve the Company’s share price by purchasing shares in the market and is committed to streamlining the capital structure with the reduction of the number of shares outstanding.”

With metal prices forecasted to remain buoyant, properties that offer significant potential for Gold and Silver occurrence, a diverse management team, and a strong cash position, Southridge Minerals is well positioned to develop its opportunity to build shareholder value.

For further information on the Company’s Gold and Silver projects, visit our website, www.southridgeminerals.com.

Investors can access the following Southridge Minerals social media channels:

 

Facebook (http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466)

Twitter (http://twitter.com/SouthridgeSRGE)

YouTube Cinco Minas Mexico Project

(http://www.youtube.com/watch?v=R6P8oght4Ik)

(http://www.youtube.com/watch?v=C03I_ojnRFM)

 

About Southridge Minerals, Inc. (Pinksheets: SRGE.PK – News)

Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge Minerals is currently focused on projects in Mexico.

What sets Southridge Enterprises Inc. apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders’ investments.

Forward-Looking Statements

This news release contains “forward-looking statements,” as that term is defined in Section 27A of the Act and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with the development of an early stage company in the alternative energy industry, its products, and the entry into new markets for such products. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company’s current and periodic reports filed from time to time with the Securities and Exchange Commission.

Contact:

Michael Davies

President

Tel. (214) 699-6255

Email: info@southridgeminerals.com

http://www.southridgeminerals.com

 

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