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Intertech Solutions Announces Commencement of Bulk Sampling Program as a Precursor To Upcoming Full Scale Production
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PR Newswire
SCOTTSDALE, Arizona, September 25, 2015
SCOTTSDALE, Arizona, September 25, 2015 /PRNewswire/ --
Intertech Solutions Inc. (OTCPK: ITEC) ("Intertech Solutions Inc.," "ITEC" or the "Company") today announces the schedule of its Gold Streaming Partner and owner of the WPE Claims: West Port Energy (WPE) to conduct a Bulk Sampling Program as a precursor to the upcoming fall 2015 full scale production.
Planning has been ongoing for the design and setup of WPE's bulk sampling circuit with construction to begin next week. By October 15, WPE will be running its bulk sampling program to process 150 tons of ore material. This ore material will be taken from depths ranging from 4 to 16 feet. Within this bulk sample ore material taken from depths of 3 to 8 feet are especially well represented. The source locations of the material will give an excellent indication of the In-situ ore body characteristics from the north to south boundaries and width of the entire Claim.
As stated in prior news disseminations and now recently confirmed by a one ton bulk sample tested by SGS North America Inc., the average grade recovered is expected at a minimum of 3 grams per ton. The primary reasons for WPE running this bulk sampling program are to anticipate the nature and characterizations of the ore material being run and if any commensurate modifications need to be made to the circuit and custom built Gold Wash Plant. By means of meticulous planning and best engineering practices, it is the goal of WPE to surpass industry benchmarks for percentage of gold recovery from processed ore material.
WPE has already submitted the Environmental, Biological and Cultural Resources Assessment Reports from our Consulting Biologist to completely satisfy the list of required items for the Bureau of Land Management (BLM). WPE is now in the process of obtaining the Army Corps of Engineers 404 permit.
About Intertech Solutions Inc. (OTCPK: ITEC)
Intertech Solutions is a fully integrated, gold project finance, management and services consulting Company that provides development capital, engineering, project supervision and technical management to gold projects. The Company operates from its offices in Scottsdale, Arizona. Visit us at: http://www.itecgold.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, scope and type of consulting services provided by ITEC, use of proceeds, future acquisitions, success of projects, growth and strategic plans. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Intertech Solutions Inc.
Robert McIntosh
President, C.E.O.
To find out more about Intertech Solutions Inc. (OTCPK: ITEC), visit our website at http://www.itecgold.com
Investor Relations:
+1-480-296-2065
investors@Intertechsolutionsinc.com
SOURCE Intertech Solutions Inc.
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