LAS VEGAS, June 4, 2014 /PRNewswire/ -- Amarium
Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary
Amarium Minerals Inc., reports that it has initiated drilling at
the San Pedro property in
Michoacán, Mexico. Amarium has been engaged in exploration of
the San Pedro Mine since mid-February, conducting trenching
activity and soil sampling throughout the property. The drill
program has planned for the completion of 20 drill holes, which
will be primarily concentrated along the Southern region.
"We are pleased to inform shareholders that we have initiated
drilling at the San Pedro Mine along the Southern region of the
property, as our recent trenching program exposed substantial
mineralization in this area", said Adam
Carter, the President & CEO of Amarium. "While we
continue to produce from both Jovita and San Pedro, it has always been our assertion
that the greatest value for shareholders is in proving up the
sizable copper resource on both properties."
The San Pedro Mine is a producing copper mine that also recently
expanded its existing flotation mill's capacity to 200 tons per
day.
Amarium is focused on the acquisition and development of base
metals projects in Mexico that are
currently in or near production and advanced exploration properties
that will add substantially to the Company's asset foundation.
Management is continuing to actively pursue mineral interests that
represent significant growth, value and cash flow
opportunities.
For additional information, please
visit: http://www.amariumminerals.com
This press release contains statements that are forward-looking
and which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on Amarium
Technologies, Inc.'s current expectations and projections about
future events, based on information currently available. The
forward-looking statements found in this press release may also
include statements relating to Amarium Technologies, Inc.'s
anticipated financial performance, business prospects, new
developments, strategies, and similar matters. Amarium
Technologies, Inc. provides no assurance regarding the actual
outcome of the events contemplated by any forward-looking
statements included in this release. Amarium Technologies, Inc.
disclaims any obligation to update any of its forward-looking
statements, except as may be required by law.
Contact:
Amarium Technologies Inc.
Investor Relations, 800-983-0814
Fax: 800-320-4180
info@amariumminerals.com
SOURCE Amarium Technologies Inc.