ABOT Mining Commences Precipitation of Precious Metals on its
Pueblo Project (Silver Tailings) After Holiday Break
WOODLAND HILLS, Calif.,
Jan. 3, 2013 /PRNewswire/
-- ABOT Mining (Pink Sheets: ABOT.pk) is pleased to announce
that the precipitation of gold and silver from the trial run of 150
tons of silver tailings and grounded ore shall continue for the
next few days. Our Mexican Operating/JV Partner expects to
smelt/refine the concentrate from this trial run into bars of dore
bullion by the second to third week of this month.
Minor maintenance work is in progresses that include but not
limited to repair of PVC valves on the supply lines to the recovery
system, installation of vacuum pump and scheduled maintenance works
on water pump and two generators for the recovery system.
We further plan to bring additional silver tailings and grounded
ore for production by the end of this month and increase our
throughput from 150 tons to up to 600 tons per month of silver
tailings and grounded ore.
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 Woodland
Hills, 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.
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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.
ABOT.PK
6303 Owensmouth Avenue | 10th Floor
Woodland Hills | CA 91367
T: +1 818.302.0100
E: info@abotmining.com
SOURCE ABOT Mining