American Technologies Group mining subsidiary acquires additional gold properties containing approximately 16,000 ounces; ore value $6.4 million.MONROVIA, Calif.--(BUSINESS WIRE)--March 14, 1996--American Technologies Group Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :ATEG ATEG Assembly for the Teaching of English Grammar ) (ATG ATG antithymocyte globulin. lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG) Atgam Pharmacologic class: Immunoglobulin Therapeutic class: Immunosuppressant ) Thursday announced that New Concept Mining Inc., its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , has signed an agreement to acquire additional mining properties in Manhattan, Nev. The new properties consist of 440 acres of unpatented mining claims with existing surface and near surface reserves of approximately 16,000 ounces of gold. This new acquisition increases New Concept Mining's gold-bearing holdings to an excess of 1,000 acres containing more than 200,000 ounces of gold reserves in the proven, probable and possible category. The company also owns the rights to the Tempiute mill and facilities, which contain one of North America's largest reserves of tungsten. All properties will operate utilizing ATG's proprietary water clean-up technology. ATG is an emerging technology company providing environmental solutions on a global basis. It has technologies in the waste water clean-up area and currently has rights to one of the only drop-in, EPA-approved non-CFC refrigerants Chemical refrigerants are assigned an R number(sometimes the label replaces it with the word Freon) which is determined systematically according to molecular structure. The following is a list of refrigerants with their R numbers, IUPAC chemical name, molecular formula, and CAS number. available on the U.S. market that doesn't require a retrofitting of existing refrigeration equipment. Additional technologies are under development. CONTACT: American Technologies Group Inc., Monrovia Jim Nicastro or John Collins, 818/357-5000 |
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