RANCHO SANTA MARGARITA, Calif.,
June 5, 2013 /PRNewswire/
-- Mining Minerals of Mexico Corp. ("MMM" or the
"Company") (OTC:WIIM) announced today that the Company has received
US $250,000 representing
approximately 85% of the gross proceeds for the delivery
of 200
ounces of gold dory, following further successful custom milling
and
bulk-scale gravity tests undertaken on mineralized material
from the Company's Gallo de Oro Property in the first quarter of
2013.
The dory contract was sold to Viceroy Minerales S.A., with the
outstanding balance
of payment expected in approximately six
months; once final assay analysis of the dory is completed. The
proceeds received by the Company from the sale of dory are net of
shipping costs.
Chief Executive Officer of MMM, Dane
Peterson, stated: "We are delighted with our
trial mining
and milling performance to date. We anticipate a larger scale of
production early in the 3rd quarter. The Company
remains committed to training and employing its work force from
local communities. A stockpile of approximately
18,000 tons has
been identified for processing while additional mine production
ramps up."
Safe Harbor Statement
Certain statements in this news
release may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. The company cautions that these forward-looking
statements are further qualified by other factors. The company
undertakes no obligation to publicly update or revise any
statements in this release, whether as a result of new information,
future events or otherwise.
SOURCE Mining Minerals of Mexico Corp.
