Geological Report Confirms Existence of High Grade Copper Mineralization on Therma's Hindon Copper Property
November 28 2011 - 3:48PM
Marketwired
Therma-Med, Inc. (PINKSHEETS: THRA) announces that a comprehensive
geological report on its Hindon Copper property located in Hindon
Township, Ontario, Canada, has now been completed and was presented
to the company's representatives.
Field work on the property during the recent mining season
included surface sampling performed by qualified mineral evaluation
personnel. The purpose of the initial exploration phase was to
locate and expose some historical pits created in the 1950s and to
test the copper and associated mineral content of the property.
The Company is pleased to say that this report on the Hindon
Copper property confirmed the average 2.31 % copper mineralization
and found anomalous gold, platinum and palladium. Due to the
presence of copper and other valuable minerals, further geological
mapping, geochemical and geophysical surveys are warranted to
develop new or refined exploration targets. The management team has
confidence that the next exploration phase will expose existence of
sufficient quantities of copper mineralization to warrant an
expansion of their mining activities. More details about the report
can be found on the Company's web site.
CEO: "The report came back with very good results, and we are
please that is has confirmed the historical findings in the area.
We will follow up with the Geologist recommendation to move forward
with the next stage of exploration."
Safe Harbor: This press release contains statements, which may
constitute "forward-looking statements" within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Those statements include statements regarding the intent, belief or
current expectations of Therma-Med, Inc. with members of its
management team as well as the assumptions on which such statements
are based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Important factors currently known to management that
could cause actual results to differ materially from those in
forward-statements include fluctuation of operating results, the
ability to compete successfully and the ability to complete
before-mentioned transactions. The Company undertakes no obligation
to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
Contact: Therma-Med, Inc. www.therma-medinc.com Email
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