Advanced Mineral Technologies, Inc. Releases Tillicum Mountain Diligence Report.FAIRFIELD, Idaho Fairfield is the county seat of and only incorporated city in Camas County, Idaho, United States.GR6 The population was 395 at the 2000 census. The Soldier Mountain ski area is 12 miles (19 km) north of town. -- Advanced Mineral Technologies, Inc. (Pink Sheets:AMTO AMTO Department of Energy, Assistant Manager for Technical Operations (sometimes seen as DOE AMTO) ) today announced that it has released its Tillicum Mountain diligence report to validate the $406 million valuation of the Tillicum Mountain Gold Property. The valuation of the property is a result of 6 geology reports calculating the Tillicum property to have in excess of 500,000 ounces of proven reserves, 250,000 ounces of probable reserves, and 250,000 ounces of unproven reserves. "We wanted to clarify the discrepancy in the September 17, 2007 and the September 18, 2007 releases regarding the number of ounces of gold reserves on the Tillicum property and how they are classified," stated H. Philip Cash, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Advanced Mineral Technologies, Inc. "We welcome anyone who is interested to read the report which can be found on our company website." To access the complete diligence report, please visit www.amtgoldmining.com/files/binder1.pdf. About Advanced Mineral Technologies, Inc.: Advanced Mineral Technologies, Inc. owns a 100% interest in AMT See vPro. Industries Canada, Inc. which owns the rights to the Tillicum Mountain Gold Property in south-eastern British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Canada. The property consists of approximately 16,000 acres over 28 land tenures in the Slocan Mining Division, about 200 miles north of Spokane, Washington Spokane (pronounced [spoʊ̯ˈkæn]) is a city located in Eastern Washington. The seat of Spokane County, Spokane is the metropolitan center of the Inland Northwest, the second largest city in Washington state, and . The rights include extensive reserves of extremely high grade gold and silver situated in an underground deposit. Over $12 million has been spent so far on the project. The gold ore reserve calculations carried out in the 1996 Addie geology report show calculations in excess of 500,000 ounces of drill indicated proven reserves, 250,000 ounces of probable reserves, and 250,000 ounces of unproven reserves. Current valuation of the Tillicum Mine is estimated at $406 million. The project consists of four areas with the East Zone being the most lucrative although several of the zones have discernable gold ore at several different levels, as measured in meters. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. : Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as "Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including "anticipate," "await," "envision," "foresee," "aim at," "plans," "believe," "intends," "estimates," "expects" and "projects" including without limitation, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company's future business prospects, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. |
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