Geopulse Completes Phase Four Expansion
April 10 2012 - 7:00AM
Marketwired
Geopulse Exploration Inc. (OTCQB: GPLS) (OTCBB: GPLS) has finalized
the fourth phase expansion program of its Utah Mineral Acquisition
Strategy. This is the Company's fourth Utah property asset
acquisition, which includes three potential gold/copper purchases
and one potash lease.
Utah Trust Lands Mining Division has now given full property and
mining rights to Geopulse Exploration for this property. The
Company believes this location offers excellent gold and copper
exploration potential based on the massive finds only a few miles
away, such as the Lisbon Valley Copper Mine; once one of the
largest copper and gold producers in Utah. At full production, this
mine was producing nearly $255,000,000 of copper ore annually at
today's prices.
Utah is the third largest gold producing State in the U.S., with
a production value of over $550 million in 2009 alone. For more
than a century, Utah has also been one of the world's largest
copper producers, with an annual value of over $1.7 billion and an
output of nearly 20 million pounds.
Geopulse's business strategy is to assess, secure, and operate
viable properties through Company expertise or joint venture
programs. The Company's initial project site objectives are focused
in Utah and continental North America, with future expansion goals
aimed for Central and South America.
Safe Harbor for forward-looking statements
This release contains certain statements that are
"forward-looking" statements (as the term is defined in the Private
Securities Litigation Reform Act of 1995). Any such forward-looking
statements are inherently speculative and are based on currently
available information, operating plans and projections about future
expectations and trends. As such, they are subject to numerous
risks and uncertainties, such as general economic and business
conditions, the ability to acquire and develop specific projects,
the ability to fund operations, and other factors over which
Geopulse Exploration Inc. has little or no control. Actual results
and performance may be significantly different from expectations or
trends expressed or implied by such forward-looking statements.
Geopulse Exploration Inc. expressly disclaims any obligation to
update the statements contained in this release.
Geopulse Exploration Inc. 6565 Americas Parkway NE Suite
200 Albuquerque, NM 87110 Ph: 505-563-5787
investorinfo@geopulseinc.com
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