SCOTTSDALE, Ariz., Aug. 28, 2014 /PRNewswire/ -- Intertech
Solutions Inc. (OTCPK: ITEC) ("Intertech Solutions Inc.,"
"ITEC" or the "Company") today is pleased to report that the
Company has completed its first bulk sample as part of the
development program previously announced on August 22. The
bulk sample has been shipped to the analytical facility for
assaying with results expected to be available in approximately one
week. The samples of gold ore were acquired from new trenches and
existing ore stockpiles with a total combined weight of 1.65
tons.
The ore received thorough visual inspection during all phases of
the acquisition process, and of significance was that gold was
observed in all of the samples. This includes fine powder gold,
flakes and needles of gold as well as nuggets up to 2 grams in
weight. Based on these preliminary field observations, we
anticipate this bulk sample to exceed the 5 to 9 gram per ton
range, surpassing the overall results that the Company has received
to date from prior sampling.
Additionally, the various alluvial and placer deposits as well
as quartz diorite host rocks to the gold were carefully sampled and
segregated. The information will be compared to the assay results,
and will measurably aid in establishing exact parameters for
upcoming grade control when the project goes into full
production.
The bulk sampling program being undertaken is in keeping with
both the recommendations of the project technical report, as well
as paralleling the ongoing metallurgical studies which are
analyzing the WPE gold ore, and characterizing its nature. This
dual analysis will allow ITEC to achieve the highest possible
percentage of gold recovery for the greatest profitability from its
WPE Claims.
The WPE Claims #1-#4 claims are located in the Middlecamp Mining
District in La Paz County, near
Quartzite Arizona. The gold claims cover a total of 80
contiguous acres and have easy access between Phoenix and Palm
Springs, CA along Interstate 10.
About Intertech Solutions Inc. (OTCPK: ITEC)
Intertech Solutions is a fully integrated, gold project finance,
management and services consulting Company that provides
development capital, engineering, project supervision and technical
management to gold projects. The Company operates from its offices
in Scottsdale, Arizona. Visit us
at: www.itecgold.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other things, scope
and type of consulting services provided by ITEC, use of proceeds,
future acquisitions, success of projects, growth and strategic
plans. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
petroleum exploration and development stage exploration companies.
These forward-looking statements are made as of the date of this
news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that the beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on Form 10-K for the most recent fiscal year, our quarterly
reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Intertech Solutions Inc.
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Robert McIntosh
President, C.E.O.
To find out more about Intertech Solutions Inc. (OTCPK: ITEC),
visit our website at www.itecgold.com
Investor Relations:
+1-480-296-2065
investors@Intertechsolutionsinc.com
SOURCE Intertech Solutions Inc.
