CGrowth Capital, Inc. Updates Shareholders on Dolomite Survey
08 July 2015 - 1:30AM
Access Wire
SILVERDALE, WA / ACCESSWIRE / July 7, 2015 /
CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased
to update shareholders on its progress on its 348 acre dolomite pit
survey. N.L. Olson And Associates, a multi-disciplinary
engineering, land surveying and planning firm with over 40 years of
experience, has completed the topographical and quantification of
total gross Magnesium Dolomite resources on the Company's Eastern
Washington mineral leases known as the White Pit - with total gross
resources exceeding 500,000,000 cubic yards of material.
"This truly is an enormous asset," stated Bill Wright, CEO of
CGrowth Capital, Inc. "When we are looking at a potential
multi-generational project, to quantify, qualify, and position it
for sales and funding takes a good deal of time to do properly. The
invaluable information presented by the survey is enabling us to
move forward with proper valuation reports and move our discussions
with funding sources to the next level."
The next steps currently in process include a Geologist review
and a Competent Persons report (which may include NI 43-101
and/or JORC compliant report) to substantiate the probably reserve
for mining, sales, and funding. The report(s) will evaluate
all data and determine a net mineable quantification of magnesium
dolomite in both cubic yards and monetarily.
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. The Company continues to serve as a
holding company for businesses and assets focused on all aspects of
mining, minerals, exploration, and commercial real estate. The
processing of metal ore mining, mineral and specialty rock
extraction, as well as oil and gas production, are multi-billion
dollar market opportunities which is capitalized on through
processing, sales, contracting and licensing of assets. CGrowth
Capital's services and solutions are designed to assist land owners
with monetizing undervalued assets by bringing commodities such as
gold, silver, oil and gas, dolomite, and terrazzo to market.
CGrowth Capital will focus on acquiring land assets, while also
providing partners and affiliates with management services,
capital, contract management and logistical services necessary for
the successful execution of operations. Through wholly owned
subsidiaries, the Company has begun to strategically leverage
assets for maximum value within the legally developing cannabis
industry currently underway in Washington State.
For more information and updates about CGrowth Capital, visit
their website or Facebook page:
http://www.CGrowthCapital.com
https://www.facebook.com/CGrowthCapital
Investor Inquiries:
CGrowth Capital, Inc.
888-218-2472
Safe Harbor
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby. The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management as well as assumptions made by and information currently
available to the Company or its management. When used in this
document, the words "anticipate," "estimate," "expect," "intend,"
"plans," "projects," and similar expressions, as they relate to the
Company or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties. The
Company disclaims any obligation to update or revise any
forward-looking statements.
SOURCE: CGrowth Capital, Inc.
CGrowth Capital (PK) (USOTC:CGRA)
Historical Stock Chart
From Jan 2025 to Feb 2025
CGrowth Capital (PK) (USOTC:CGRA)
Historical Stock Chart
From Feb 2024 to Feb 2025