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E-Mail:info@promresources.com
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Prom Resources (PINKSHEETS: PMRX) submitted its grab samples from the perimeters negotiated in Madagascar to The Umicore Group ("Umicore"), the results of which will be available early next week.
The samples submitted for testing are of 'free' and 'coarse' gold, which are in adjacent areas to the perimeters we have negotiated. These perimeters have yielded up to one half ounce per tonnes.
"The 1st phase of the sampling program at Prom has been completed and the anomalies are being interpreted for targeting future excavation. Our plan is to continue to extract samples to determine the scope of the area," said Dror Moradov, President of Prom Resources, Inc. "We expect our results to demonstrate the potential for higher grade mineralization."
Once these results have been determined the company will continue to extract samples in the range of 100 kilograms thru 200 kilograms to determine the size of the deposit.
Prom Resources, Inc. is currently engaged in the active exploration and extraction of gold ore, corundum and beryl material at different mining and exploration perimeters in the democratic Republic of Madagascar. www.promresources.com and info@promresources.com
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of Prom Resources, Inc. and its subsidiaries (hereafter collectively referred to as "the Company,'' "we,'' "our'' or "us'') to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be,'' "may allow,'' "intends to,'' "may likely,'' "are expected to,'' "may continue,'' "is anticipated,'' "estimate,'' "project,'' or similar expressions are intended to identify "forward-looking statements.'' Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties.