SCOTTSDALE, Ariz., June 16, 2014 /PRNewswire/ --Intertech
Solutions Inc. (OTC: ITEC) ("Intertech Solutions Inc.,"
"ITEC" or the "Company") today is pleased to report that the
Company has staked and filed with the BLM two new mining claims
which have potentially more than doubled the mineable gold resource
at the WPE Project in Arizona.
The new claims, WPE #3 and WPE #4 are adjacent to and tie on
directly north of our existing land which has been the focus of the
ongoing Phase 2 exploration sampling program. These new claims
contain the extensions of the alluvial channels, and possibly the
source of the placer gold that we intend to exploit through mining.
The same gold bearing alluvial materials that are found on the new
claims are also present on the WPE #1 and WPE #2. From observing
this trend we now believe that additional tonnage of mineable
resource has been added to the project.
Intertech's President and C.E.O. Rob
McIntosh states "The addition of the WPE #3 and #4 claims
which are strike length extensions of our deposit will include more
coarse gold nuggets as we approach the source of the gold. Both of
these claims represent a very significant development for the
Company, by way of increased in situ value, acreage, secured
perimeter and extended mine life. If we encounter similar sample
results in these new channels to what we are seeing in our
trenching program, we will have added at least 100% more tonnage to
the existing resource".
The WPE Claims #1 -#4 claims are located in the Middlecamp
Mining District in La Paz County,
near Quartzite Arizona. The placer gold claims now cover a
total of 80 contiguous acres and have easy access between
Phoenix and Palm Springs, CA along Interstate 10. The
project is 7 miles south of the Copperstone gold mine when from
1987 to 1993 Cyprus Gold profitably open pit mined over 500,000
ounces of gold. American Bonanza Corporation has just re-opened the
Copperstone Mine for its lode gold reserves.
About Intertech Solutions Inc. (OTCPK: ITEC)
Intertech Solutions is a fully integrated, gold project finance,
management and services consulting Company that provides
development capital, engineering, project supervision and technical
management to gold projects. The Company operates from its offices
in Scottsdale, Arizona. Visit us
at: www.itecgold.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933 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.
Such forward-looking statements include, among other things, scope
and type of consulting services provided by ITEC, use of proceeds,
future acquisitions, success of projects, growth and strategic
plans. 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
petroleum exploration and development stage exploration companies.
These forward-looking statements are made as of the date of this
news release, and we assume 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 we believe that the beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on Form 10-K for the most recent fiscal year, our quarterly
reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
Contact
Intertech Solutions Inc.
Rob McIntosh
President
To find out more about Intertech Solutions Inc. (OTCPK: ITEC),
visit our website at www.itecgold.com.
Investor Relations:
+1-480-296-2065
investors@Intertechsolutionsinc.com
SOURCE Intertech Solutions Inc.
