Therma-Med, Inc. Announces Company Update
10 November 2011 - 1:15AM
Marketwired
Therma-Med, Inc. (PINKSHEETS: THRA) is pleased to provide an update
on the Company's activities.
The Company's activities over the past 6 months have resulted
with the signing of an option of a base metal property that we feel
has a good opportunity of capturing significant economically viable
mineralization. The Company spent the past summer diligently
working on compiling all available information on the recently
acquired Copper project.
Following the Company's press release of Aug 26, 2011, the
Company announced that its exploration team under the close
supervision of a 43-101 qualified geologist expects to finish up a
development plan for its copper project in Hindon Township,
Ontario, CA. Using the data of past geophysical work done on the
properties, management will be able to craft a winter program that
will assist and outline geological anomalies that will help narrow
the Company's scope for exploration targets.
The property already has proven mineralization. We will be using
modern techniques to confirm past findings and perhaps even help
find new discoveries. As a result the Company's exploration cycle
is shortened which allows our qualified personnel to have a better
understanding of the property and development and what will be
needed going forward to turn this into an economically feasible
producing mine.
The historically confirmed copper zone averaging of 2.82% Cu
from samples historically collected on over 700m length also seem
to contain anomalous gold, silver, platinum and palladium, a
by-product value to any production of copper in the future.
Company President Zajay Trujillo said: "At this point in time, I
am pleased to say that our job in regards to Hindon project is not
to define what we have, but how much we have. We have past data
that points to significant mineralization and our job right now is
to continue with our geophysical work to help prove up and update
these values using modern techniques. Thus adding value to the
Company's underlying asset."
Please check our website for further updates.
Safe Harbor This press release contains statements, which may
constitute "forward-looking statements" within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Those statements include statements regarding the intent, belief or
current expectations of Therma-Med, Inc. with members of its
management team as well as the assumptions on which such statements
are based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Important factors currently known to management that
could cause actual results to differ materially from those in
forward-statements include fluctuation of operating results, the
ability to compete successfully and the ability to complete
before-mentioned transactions. The Company undertakes no obligation
to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
Contact: Therma-Med, Inc. www.therma-medinc.com Email
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Therma Med (CE) (USOTC:THRA)
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