Ensurge Announces Agreement With GlobalMin Guyana -- MIAMI, June 9, 2011 /PRNewswire/ --
Ensurge Announces Agreement With GlobalMin Guyana
MIAMI, June 9, 2011 /PRNewswire/ -- Ensurge, Inc.(OTC Bulletin Board: [ ESGI ]) announces an Agreement with GlobalMin Guyana, Inc. to consult in the recovery of precious metals within Guyana.
GlobalMin Guyana is a private company conducting geological and mining exploration with Mojave Gold Corp., a privately owned United States based company. GlobalMin is managed by Dr. Paul Lechler, the former Chief Geochemist of the Nevada Bureau of Mines and Geology until his recent retirement. Dr. Lechler has conducted substantial fieldwork, exploration, and analytical testing in Guyana over the past ten years and has developed business relationships in the mining industry in Guyana. GlobalMin has discovered and documented presence of alluvial platinum group metals (PGMs) and has targeted areas for immediate additional exploration. Currently GlobalMin has no leases or property ownership.
Ensurge will provide financing for equipment and operating expenses along with managing the operations of the project. Ensurge and GlobalMin will split the pre-tax profit from the operation of the tailings processing facilities. Funding will need to be raised for any future projects.
Jordan Estra, President and Chief Executive Officer of Ensurge, Inc. has indicated, "We are excited by the opportunity to join our partner, GlobalMin, in developing facilities to recover gold, silver, platinum, palladium and potentially diamonds from tailings left behind along the Mazaruni River in Guyana. Preliminary sampling and assaying of these tailings has indicated a wide range of precious metal and platinum group metal content. Sampling, assaying and metallurgical recovery process development is on-going."
Ensurge, Inc. is developing facilities in Brazil, Guyana and elsewhere to recover gold from tailings left behind at abandoned and currently operating mines.
For additional information please refer to the Ensurge, Inc. website: [ www.ensurgegold.com ] or contact Paul Henning of Cameron Associates (212) 245-8800
Forward Looking Statements
This press release contains forward-looking statements regarding the future results and performance of Ensurge, Inc. including statements regarding revenue, growth and market development. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those predicted in any such forward-looking statements. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements. The realization of any or all of these expectations is subject to a number of risks and uncertainties and it is possible that the assumptions made by management may not materialize. Statements in this press release may involve risks and uncertainties; actual results may differ from the forward-looking statements. Sentences or phrases that use such words as “believes,” “anticipates,” “plans,” “may,” “hopes,” “can,” “will,” “expects,” “is designed to,” “with the intent,” “potential” and others indicate forward-looking statements, but their absence does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly release any revisions to forward-looking statement.
SOURCE Ensurge, Inc.
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