GNCC Capital, Inc. – Final Assay Results on “White Hills”
April 02 2014 - 2:00PM
Business Wire
GNCC Capital, Inc. (OTC:GNCP) has just published the final assay
results on grab sampling at our “White Hills” Exploration Property
situated on 1,840 acres in Mohave County, Arizona; overseen by one
of our Consulting Geologists, Craig Parkinson.
This is the final report from the Assay Laboratory in respect of
“White Hills,” the link to this Final Report filing, filed today on
the OTC Markets as a Supplementary Information Filing:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=118351
Craig Parkinson notes that since “White Hills” is a
gold-dominant property, the second column under “Au” (elemental
abbreviation for gold) is the most important. The results are
stated in parts per million (ppm), where 1ppm = .029 troy
ounces per ton. Thus, multiply the assay ppm number by
.029 to get the assay in ounces gold per ton.
Example:
WH 17 = 80 ppm80 ppm X .029 = 2.32 ounces gold per ton
Craig Parkinson will be preparing a summary of the gold results
converted to ounces per ton for each sample and state where the
sample was collected. This will be included in his property summary
report finished by Friday of this week.
About GNCC Capital, Inc.:
GNCC Capital, Inc. is primarily a Gold Exploration Company, with
a secondary focus on Silver Exploration. The Company’s current
exploration properties are located in Arizona and consist of “White
Hills, Esther Basin, Burnt Well, Clara, Kit Carson, Silverfields
and Potts Mountain." The Company intends to create significant
value for its initial portfolio of properties through continued
exploration, joint ventures, and through the acquisition of
additional Gold and Silver Exploration assets. GNCC Capital, Inc.
is a current information filer on the OTC Markets under the symbol
“GNCP”.
Forward-Looking Statements:-
This press release may contain forward-looking statements. The
words "believe," "expect," "should," "intend," "estimate,"
"projects," variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. These
forward-looking statements are based upon the Company's current
expectations and are subject to a number of risks, uncertainties
and assumptions. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that could
cause actual results to differ significantly from those expressed
or implied by such forward-looking statements are risks that are
detailed in the Company's filings, which are on file with the OTC
Markets Group.
GNCC CAPITAL, INC.N.E. “Ted” Blom, 702-951-9793President
& CEOcorporate@gncc-capital.comorInvestor Relations:E Mail:
investor@gncc-capital.comWeb Site: www.gncc-capital.comTwitter:
https://twitter.com/GNCCCapital[We would be very appreciative if
all investor questions be directed to this E mail address and not
to our telephone voicemail until such time as we have appointed a
dedicated Investors Relations Firm who will deal with all
telephonic enquiries]
GNCC Capital (CE) (USOTC:GNCP)
Historical Stock Chart
From Oct 2024 to Nov 2024
GNCC Capital (CE) (USOTC:GNCP)
Historical Stock Chart
From Nov 2023 to Nov 2024