Britannia to Advance Gold Division in 2014
June 24 2014 - 8:17AM
Marketwired
Britannia to Advance Gold Division in 2014
Company Eyes 100,000 Ounces (oz) of Ready to Mine Alluvial
Gold
NEW YORK, NY--(Marketwired - Jun 24, 2014) - Britannia Mining,
Inc. (PINKSHEETS: BMIN) (or the Company), an emerging integrated
developer of natural resources, announced today that the Company is
advancing its gold division, eyeing global opportunities for ready
to mine gold operations -- beginning with projects of at least
100,000 oz.
Recently, Britannia attended meetings in the United Arab
Emirates to discuss trading ready to mine gold, sourced from
current operational gold mines that fall within Britannia's
business development pipeline. The Company's vision is to create
value at every stage of the mining value curve; from exploration,
to extractive operations, through to end trading activities.
"We have already shown that we can secure trading opportunities
for commodities," stated Kenneth Roberts, CEO of Britannia Mining.
A comment made in reference to 100+ Million tonnes of ready mined
iron ore Britannia secured in Malaysia. "The next natural step is
for us to develop our gold division."
To date, Britannia's gold division has consisted of legacy gold
claims in the Yukon, Canada -- inherited through the merger with
Micron Enviro Systems. Management has recently renewed the
gold claims and is currently in talks with potential partners
regarding developing the Canadian properties.
Mr. Roberts continued, "We are also in talks with potential UAE
partners to leverage the pipeline of gold mining opportunities that
our Malaysian and African relationships have made available to us;
making extractive operations and ready to mine gold a real
consideration. Our intention to deliver near term revenues
progresses another step forward."
Mr. Roberts concluded, "With the right partner, we can
effectively integrate exploration; operations and trading. Our
visit to the UAE was beneficial to our vision and should yield
quantifiable results."
Related Links
http://finance.yahoo.com/news/positive-test-results-sgs-substantiate-124015346.html
About Britannia
Mining Britannia Mining is a natural resources development
company that is focused on acquiring high quality mineral, mining
and other commodity based projects. The company is committed to
developing revenues by conducting exploration, evaluation and
trading activities. The company's mission is to secure commodities
by developing immediate and near term product pipelines for iron
ore and other natural resources.
Trading Focus Iron Ore: With two 6,000,000
metric ton distribution deals in place spanning mines in both east
and western Malaysia, the Company has the ability to distribute
100,000 Mt of ready mined iron ore, per month, for the next 10
years.
Acquisition Focus The company is targeting revenue
producing assets and is currently in negotiations regarding
acquiring operational mines.
Exploration Focus Canada: Britannia Mining has
inherited the legacy projects (Gold claims) of the former Micron
Enviro Systems in the Yukon and plans to conduct sampling on this
area.
Africa: The
company has been developing a high grade iron ore project in Malawi
and is currently renewing the Exclusive Prospecting License (EPL)
for iron ore over 650 sq km at Nthale Blantyre. The company is
targeting 100 Million Tons (MT) iron at Nthale Hill (20 sq km).
For more information, please visit www.BritanniaMining.com.
Safe Harbor This
news release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some
cases, you can identify forward-looking statements by terminology
such as "may,'' "should,'' "expects,'' "plans,'' "anticipates,''
"believes,'' "estimates,'' "predicts,'' "potential'' or "continue''
or the negative of these terms or other comparable terminology.
These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or our
industry's actual results, levels of activity, performance or
achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by these forward-looking statements. While these
forward-looking statements, and any assumptions upon which they are
based, are made in good faith and reflect our current judgment
regarding the direction of our business, actual results will almost
always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested
herein. Except as required by applicable law, including the
securities laws of the United States, the Company does not intend
to update any of the forward-looking statements to conform these
statements to actual results. Readers are referred to the sections
entitled "Risk Factors'' in the Company's periodic filings with the
United States Securities and Exchange Commission, which can be
viewed at http://www.SEC.gov. For all details regarding working
interests in all of BMIN's mining prospects or any previous news
releases go to OTC Markets website. You should independently
investigate and fully understand all risks before making investment
decisions.
Contact information Team BMIN (646) 580-1153
www.britanniamining.com