United Resource Holdings Group, Inc. Posts Bond with NV Division of Minerals & Chairman Meets with Representative Amodei of t...
11 Août 2014 - 9:08PM
Business Wire
United Resource Holdings Group, Inc. (“URHG”) (Pink Sheets:
URHG) announced today that its wholly owned subsidiary, Dun Glen
Mining Corp (“Dun Glen”) posted the bond payment to the Nevada
Division of Minerals (“DOM”) as required by the Reclamation Permit
(#0346NV), issued by Bureau of Mining Regulation and Reclamation
(“BMRR”) and that Chairman Robert Kilroy Esq. met with
Representative Mark E. Amodei of the U.S. House of
Representatives.
Dun Glen’s posting of the this bond permits mining operations to
commence at the Dun Glen placer mine near Winnemucca, NV. Manpower
and mining equipment have been mobilized allowing for the removal
of material from the intended ore pits and processing at the mine.
This bond posting was the final step required in the permitting
process prior to production. Dun Glen intends to recover gold and
silver from these placer mining operations and also provide black
sand concentrates for beneficiation processing at URHG’s majority
owned subsidiary, United Milling & Refining Corp. This bond
payment and the commencement of mining operations at the Dun Glen
is another achievement for URHG as they continue to vertically
integrate the mining, milling and processing companies.
On August 1, 2014, Robert Kilroy, Esquire, as Chairman of the
Board of Directors of URHG, paid a visit to the U.S. House of
Representatives, and meet with Nevada's 2nd District
Representative, Mark E. Amodei, who previously represented Nevada's
Mining Association, in Washington, District of Columbia, at
Amodei's office, located at 222 Cannon Building. Kilroy said, "The
meeting with our House Representative was an opportunity to explain
to Mr. Amodei that URHG's subsidiaries are an up and coming mining
presence within his district with having the United Milling &
Refining Corp. milling facility in Storey County, and the Dun Glen
Mine in Pershing County, both located within Amodei's
district."
About United Resource Holdings Group,
Inc.:
United Resource Holdings Group, Inc. is a U.S.-based natural
resource exploration and development company, focused on the
acquisition of mining equipment and the development of placer
mines, gold and other precious commodity projects that demonstrate
a reasonable probability for near term production. In addition, the
company operates a beneficiation process plant that recovers
precious metals from mineral ores and ore concentrates on behalf of
its captive mining properties and on behalf of third party mining
companies. The company is quoted on the OTCPK under the symbol
“URHG”.
Notice Regarding Forward-Looking Statements:
This press release and any related calls or discussions may
include forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 about URHG.
Forward-looking statements are statements that are not historical
facts. All statements, other than statements of historical facts,
are forward-looking statements. Forward-looking statements include
statements about matters such as: future prices and sales of, and
demand for, our products; future industry market conditions; future
changes in our exploration activities, production capacity and
operations; future exploration, production, operating and overhead
costs; operational and management restructuring activities
(including implementation of methodologies and changes in the board
of directors); future employment and contributions of personnel;
tax and interest rates; capital expenditures and their impact on
us; nature and timing and accounting for restructuring charges,
gains or losses on debt extinguishment, derivative liabilities and
the impact thereof; productivity, business process,
rationalization, investment, acquisition, consulting, operational,
tax, financial and capital projects and initiatives; contingencies;
environmental compliance and changes in the regulatory environment;
offerings, sales and other actions regarding debt or equity
securities; and future working capital, costs, revenues, business
opportunities, debt levels, cash flows, margins, earnings and
growth.
The words “believe,” “expect,” “anticipate,” “estimate,”
“project,” “plan,” “should,” “intend,” “may,” “will,” “would,”
“potential” and similar expressions identify forward-looking
statements, but are not the exclusive means of doing so. These
statements are based on assumptions and assessments made by our
management in light of their experience and their perception of
historical and current trends, current conditions, possible future
developments and other factors they believe to be appropriate.
Forward-looking statements are not guarantees, representations or
warranties and are subject to risks and uncertainties that could
cause actual results, developments and business decisions to differ
materially from those contemplated by such forward-looking
statements. Some of those risks and uncertainties include the risk
factors discussed in the URHG filing on OTC Filings and the
following: current global economic and capital market
uncertainties; the speculative nature of gold or mineral
exploration, including risks of diminishing quantities or grades of
qualified resources and reserves; operational or technical
difficulties in connection with exploration or mining activities;
contests over our title to properties; potential dilution to our
stockholders from the conversion of securities that are convertible
into or exercisable for shares of our common stock; potential
inability to continue to comply with government regulations;
adoption of or changes in legislation or regulations adversely
affecting our businesses; business opportunities that may be
presented to, or pursued by, us; changes in the United States or
other monetary or fiscal policies or regulations; interruptions in
our production capabilities due to unexpected equipment failures;
fluctuation of prices for gold or certain other commodities (such
as silver, copper, diesel fuel, and electricity); changes in
generally accepted accounting principles; geopolitical events;
potential inability to implement our business strategies; potential
inability to grow revenues organically; potential inability to
attract and retain key personnel; interruptions in delivery of
critical supplies and equipment raw materials due to credit or
other limitations imposed by vendors; assertion of claims, lawsuits
and proceedings against us; potential inability to maintain an
effective system of internal controls over financial reporting;
potential inability or failure to timely file periodic reports with
the SEC; potential inability to maintain the listing of our
securities on any securities exchange or market; and work stoppages
or other labor difficulties. Occurrence of such events or
circumstances could have a material adverse effect on our business,
financial condition, results of operations or cash flows or the
market price of our securities. All subsequent written and oral
forward-looking statements by or attributable to us or persons
acting on our behalf are expressly qualified in their entirety by
these factors. We undertake no obligation to publicly update or
revise any forward-looking statement.
Neither this press release nor any related calls or discussions
constitute an offer to sell or the solicitation of an offer to buy
any securities.
United Resource Holdings Group, Inc.Mark A. Kersey,
775-851-4700
United Resources (CE) (USOTC:URHG)
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