Wineco Productions Inc. Signs Letter of Intent with Mineral Reclamation Corp.SUNRISE, Fla. -- Wineco Productions Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :WNCP) announces it has entered into a letter of intent with Mineral Reclamation Corp. for the use of technology for chemical separation of platinum palladium rhodium rhodium (rō`dēəm), metallic chemical element; symbol Rh; at. no. 45; at. wt. 102.9055; m.p. about 1,966°C;; b.p. 3,727±100°C;; sp. gr. 12.41 at 20°C;; valence +2, +3, +4, +5, or +6. and other noble metals (Chem.) silver, gold, and platinum; - so called from their resistance to oxidation by air and to dissolution by acids. Copper, mercury, aluminium, palladium, rhodium, iridium, and osmium are sometimes included. See also: Noble . The agreement benefits both companies. Production at various Wineco Tailing sites will resume as soon as weather permits since the sites are not accessible due to snow layers. Tests have proven a high content of noble metals from the tailings Tailings (also known as tailings pile, tails, leach residue, or slickens[1]) are the materials left over[2] after the process of separating the valuable fraction from the worthless fraction of an ore. acquired from World Wide Consulting. Wineco may begin processing at that location in late April. Compliance for pink sheets newest format is expected to be complete within 30 days. 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. are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from WNCP's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. |
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