MineralRite Continues To Generate Revenue From Goldfield Revenues

LINDON, Utah, June 5, 2013

In March 2013, MineralRite completed the acquisition and took over operations of Goldfield International Inc., (www.goldfieldint.com), a premier supplier of alluvial gold, diamond and other gem stone recovery equipment manufactured in the United States.

Goldfield completed ten units since the acquisition and shipped them to various places around the world. Each unit shipped averaged approximately $10,000 USD per unit in revenue.  "We find ourselves at the forefront of educating and empowering miners, artisans, and enthusiasts.  Not only are we building a global business based on sound fundamentals, we are helping create jobs and stabilize local communities by providing them the tools necessary to develop their own natural resources," said Kent Harmon, President of Goldfield. 

"We are extremely pleased with the progress Goldfield has made in just these few short months since becoming a part of MineralRite.  Not only are they 'literally' building wealth from the ground up, they are doing it responsibly.  Goldfield uses a non-toxic environmentally friendly processes, not only our own, but in several other countries around the world, including Africa and South America," said Guy Peckham, President of MineralRite.

In addition, Goldfield is in the final stages of completing a 300 ton per hour mineral washing system that will be shipped within the continental united states and put into operation for the recovery of gold.

ABOUT GOLDFIELD- Goldfield brand of mechanical separation equipment has been in production since 1978 and has been shipped to customers in 32 countries. Goldfield headquarters and manufacturing facility entails over 40,000 sq. feet of space at 55 South Geneva Road in Lindon, Utah.

ABOUT MINERALRITE CORPORATION