LAS VEGAS, March 11, 2013 /PRNewswire/ — Uranium Hunter Corporation (OTC Pink: URHN) is optimistic about its gold concessions in Guyana, and is buoyed about industry reports from that country. Guyana‘s gold industry continues to take in significant revenue for the country, increasing another 22 percent last year. It was the second consecutive year that gold declarations passed 300,000 ounces.
There is no doubt about the geological potential of Guyana. Gold was discovered in the region by the Spanish nearly 500 years ago. One needs to look only a short distance to the west to understand the geological nature and the discovery potential of Guyana. Exploration in Venezuela has turned up enormous mineral wealth. Importantly, the big gold discoveries in that country are clustered near the border with Guyana. The favorable geology doesn’t end at a line on the map – the geological features that have the gold deposits in the neighboring country continue across Guyana.
The only difference between the two countries is that more work has been done next door. For various reasons the mineral riches of Guyana have remained largely untouched.
Guyana is still at an early stage with regard to an influx of mining exploration companies. The companies now exploring are building on a great deal of past work that provides an excellent starting point.
Literally thousands of small mining operations throughout the country are producing hundreds of thousands of ounces of gold a year by simply processing the surface gravels. The multitude of gold occurrences at surface points to a rich endowment of gold at depth.
Gregory Ellis, President, said, “There is no question that there is a lot of gold in the ground in Guyana. Our concessions are in the hottest of gold areas, the preliminary geological reports are more than promising, and we anticipate tremendous results. We believe that Guyana will soon be recognized as an emerging gold producer and that companies operating in the country will provide investors with enormous opportunities.”
About Uranium Hunter Corporation
Uranium Hunter (OTCBB: URHN) through its wholly owned subsidiary Cuyuni Mining mission is to build a fully-integrated uranium gold, precious metals and gemstone production company that incorporates exploration, development, acquisition, mining, ore processing and sales. We target historically proven and highly prospective properties in South America and Africa, which can come to production quickly. For more information visit our website www.cuyunimining.com
Forward-Looking Statements:
This press release contains forward-looking statements, particularly as related to, among other things, Uranium Hunter’s business strategy. The words or phrases “would be,” “will allow,” “intends to,” “may result,” “are expected to,” “will continue,” “anticipates,” “expects,” “estimate,” “project,” “indicate,” “could,” “potentially,” “should,” “believe,” “considers” or similar expressions are intended to identify “forward-looking statements.” Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, and other factors that may cause Uranium Hunter’s actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks, uncertainties and other factors that are detailed in Uranium Hunter’s Quarterly and Annual Reports and other documents Uranium Hunter files from time-to-time. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Uranium Hunter cautions readers not to place undue reliance on such statements. Uranium Hunter does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from Uranium Hunter’s expectations and estimates.
For more information contact us at:
Gregory Ellis
Uranium Hunter Corporation
Tel: 855-667-8786
FAX: 855-433-4464
info@cuyunimines.com
SOURCE Uranium Hunter Corporation
