LINDON, Utah, June 6, 2013 /PRNewswire/ -- MineralRite
Corporation (OTCQB: RITE) is pleased to announce it has begun
constructing its laboratory in its existing facility at 55 Geneva
Road, Lindon, Utah.
In March 2013, MineralRite moved
into its new facility and has made many renovations and
improvements to its manufacturing space.
"Now that MineralRite is in revenue, one of the next phases of
our business plan includes offering services such as assay
testing and certifying results. The lab will be used to
help our customers design and plan their extraction of their ores,"
stated Guy Peckham, President of
MineralRite.
Peckham added, "We will be able to use our Goldfield equipment
in our facility to mechanically separate the precious metals.
Our plans include the addition of XRF spectrometer testing along
with high temperature oven to smelt the product. There is a
strong need in the market for such facilities and MineralRite
intends to meet some of the demands."
ABOUT MINERALRITE CORPORATION
MineralRite Corporation is engaged in the processing, certification
and sales of precious metals including gold, silver, and the
platinum group metals. Using various proprietary and
ecologically friendly processes and technologies, the Company
extracts precious metals from mining operations ore, reclaimed mine
tailings and high value concentrate material.
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995: MineralRite Corporation encourages those
interested in our Company to rely only on information included in
our filings with the United States Securities and Exchange
Commission which can be found at www.sec.gov. Statements released
by MineralRite Corporation that are not purely historical are
forward-looking within the meaning of the "Safe Harbor" provisions
of the Private Securities Litigation Reform Act of 1995, including
statements regarding the company's expectations, hopes, intentions,
and strategies for the future. Investors are cautioned that
forward-looking statements involve risk and uncertainties that may
affect the company's business prospects and performance. The
company's actual results could differ materially from those in such
forward-looking statements. Risk factors include but are not
limited to general economic, competitive, governmental, and
technological factors as discussed in the company's filings with
the SEC on Forms 10-K, 10-Q, and 8-K. The company does not
undertake any responsibility to update the forward-looking
statements contained in this release.
CONTACT:
MineralRite Corporation
55 South Geneva Road
Lindon,Utah
Ph.801-796-8944
Email: info@mineralrite.com
Website: www.mineralrite.com www.goldfieldint.com
SOURCE MineralRite Corporation