NW Tech Capital Inc. (NWTT) Exploration Report of The Ontario Mine
January 24 2011 - 1:15PM
Marketwired
NW Tech Capital Inc. (PINK SHEETS: NWTT) (www.nwtechcapital.com)
The company is utilizing this opportunity to bring attention of its
followers of a certain mining report for the purpose of introducing
the progress accomplished on the company property claim.
This report concerns one of the areas where Canada Corp. intends
to carry out its exploration in 2011. This promising report states:
"While these intersections cut uneconomic to marginally economic
values at today's prices, they are encouraging and worthy of
follow-up," and "The intersection in SPL-91-5, 0.46 oz gold/ton
across 2.3', is of particular interest since it may mark the
discovery of a new type of vein on the property, with coarse
free-milling gold, ..."; "The 1991 work program has identified
several features which are indicative of a promising geologic
environment for economic mineralization. The Alcona-Split Lake
property shows good potential and further work is recommended."
The company expects to post additional reports on the property
exploration in the upcoming days, including a recent property
evaluation.
More details will be provided shortly.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of NW Tech
Capital Inc., that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. NW Tech Capital Inc. cautions you that
any forward-looking information provided by or on behalf of NW Tech
Capital Inc. is not a guarantee of future performance. None of the
information in this press release constitutes or is intended as an
offer to sell securities or investment advice of any kind. NW Tech
Capital Inc.'s actual results may differ materially from those
anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond NW Tech Capital
Inc.'s control. In addition to those discussed in NW Tech Capital
Inc.'s press releases, public filings, and statements by NW Tech
Capital Inc.'s management, including, but not limited to, NW Tech
Capital Inc.'s estimate of the sufficiency of its existing capital
resources, NW Tech Capital Inc.'s ability to raise additional
capital to fund future operations, NW Tech Capital Inc.'s ability
to repay its existing indebtedness, the uncertainties involved in
estimating market opportunities, and in identifying contracts which
match NW Tech Capital Inc.'s capability to be awarded contracts.
All such forward-looking statements are current only as of the date
on which such statements were made. NW Tech Capital Inc. does not
undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on
which any such statement is made or to reflect the occurrence of
unanticipated events.
Contacts: Investor Relations 1-647-426-1640
www.minamargroup.net/helpdesk Investor Relations Department Inquiry
www.minamargroup.net (IR) For (M&A) and Corporate Matters
www.minamargroup.com
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