posted
September 08, 2005 07:19 AM US Pacific Timezone
Wineco Reports: Willow Creek's Samples are Golden
SUNRISE, Fla.--(BUSINESS WIRE)--Sept. 8, 2005--Wineco Productions Inc. (Pink Sheets:WNCP) announces the preliminary results on samples collected during its July 2005 R&D trip to the Willow Creek Mine located in the mountainous region approximately 125 miles north and east of Reno, Nevada.
Twenty-two samples were taken to verify some aspects of previously done work. While only a small portion of the sample work has been completed, of the one finished, two stand out.
Of particular note were:
Sample H-7-L-22 was taken at the contact zone of an exposed quartzite dike. The results from the one-half pound sample were 0.0227 grams of gold actually recovered. (91 grams to the ton) or almost 3 ounces to the ton-Troy
Sample J-5-N-7 was taken from a previously accumulated ore stockpile. The results from the one-half pound sample were 0.0197 grams of gold recovered. (78.8 grams per ton) or greater than 2.5 ounces to the ton-Troy
The significance of these test results should not be underestimated. This is not a calculated number based on parts-per million instrumentation readings and then extrapolated. Wineco's methods and results are based on the actual weight of the recovered metal utilizing the digestion and liquid/liquid recovery situation, and is not theoretical.
These results combined with other work have identified the starting point for the operation of the portable pilot-plant. The on-site delivery date is slated for September 27, 2005.
Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from WNCP's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.
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