FOR IMMEDIATE RELEASE
Pressnews.biz (Press Release) Jan 20, 2015
-- Early results of the newly acquired sites shows preliminary yield expectations far higher than the nearby existing sites, which are currently the most profitable in company history. These estimates are based on evidence collected through core sampling, imaging scans and seismic analysis of the expanded property.
As with the neighboring sites already well into production, early measurements indicate excellent thickness, density and volume of ore in the area, pointing to a high volume and quality of raw material. Further expansion will be funded by the upcoming IPO with a share price of $14. The target priced was increased by 75% after the results of the new Bolivian properties assessments were made public.
Sino Gold Ltd. was incorporated with the intention of acquiring and developing mineral resources in territories in China and South America that are acknowledged to be administratively stable and comfortably pleased to have mining operations. The focus of Sino Gold Ltd. program of geographical growth is exploration and operation while maintaining the ecological balance of an area at the same time sustaining development and growth of the community.
This announcement by Sino Gold Ltd. contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Sino Gold Ltd. encourages all readers of this announcement to seek independent investment advice when making buy and sell decisions. Company and project information can be found at sinogoldltd.com for your review and consideration.
Sino Gold Ltd. has taken all reasonable care in producing and publishing information contained on this announcement. This text may still contain technical or other inaccuracies, omissions, or typographical errors, for which Sino Gold Ltd. assumes no responsibility. Sino Gold Ltd. does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Sino Gold Ltd. be liable for any direct, indirect, special, incidental, consequential, or other damages, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this announcement. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this announcement, except for personal use unless you have obtained our express permission.