US Tungsten Corporation Announces Completion of the Registration and Acquisition of 64 Additional Mineral Claims in Beaverhea...
18 September 2013 - 11:30PM
Marketwired
US Tungsten Corporation ("US Tungsten" or "USTU") (OTCQB: USTU), a
company focused on becoming a near-term North American tungsten
producer with the re-development of the historically productive
Calvert Mine in SW Montana, is pleased to announce that we
completed the registration and acquisition of 64 mineral claims
located in Beaverhead, Montana. The claims were registered on
behalf of our company with the U.S. Department of the Interior,
Bureau of Land Management at a cost of $12,096. The claims span
approximately 1280 acres. Our company began staking the claims in
March 2013.
ABOUT US TUNGSTEN CORP.:
US Tungsten Corp. was built upon one mandate: The best way to
solve the looming crisis in domestic tungsten supplies is to find
tungsten right here at home.
As a result, US Tungsten has assembled a team of tungsten
experts who are skilled and experienced in the exploration of this
strategic metal. The company's initial focus is in the western US
where tungsten was mined in the past, and is also home to many
discoveries that remain undeveloped. The last tungsten mine in the
US closed in 2000 and no domestic tungsten mining has occurred
since. Historic tungsten mines and occurrences are found in the
West, particularly in Montana, California, Nevada, Colorado and
Arizona.
Beginning early in 2012, the company launched their specialty
metals search in Montana. US Tungsten's first acquisition was a
property in the western portion of the state where historical
mining has produced high grade tungsten through 1956 - 1957.
Following our initial prospecting and assessment, we plan to
conduct initial exploration in 2013 and 2014.
US Tungsten's goal is to expand our holdings through aggressive
prospecting and staking across the western U.S, building a
domestic, secure project portfolio of tungsten and other specialty
metals projects.
SAFE HARBOR STATEMENT:
"Forward-looking statements," as that term is defined in Section
27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future including, but not limited to, additional
acquisitions. Actual results could differ from those projected in
any forward-looking statements due to numerous factors. Such
factors include, among others, the inherent uncertainties
associated with mineral exploration. US Tungsten, Corp. assumes no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. Although we believe that the
beliefs, plans, expectations and intentions contained in press
release are reasonable, there can be no assurance that such
beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth
herein and should also refer to the risk factors disclosure
outlined in our current and periodic reports filed from
time-to-time with the Securities and Exchange Commission.
For further information, please visit the
company's website: www.ustungsten.com
US Tungsten Corp. Tel: 702-940-2323 Fax: 702-952-0400 Email:
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