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Wineco Productions Inc. Enters Into Negotiations With New York Hedge Fund Wednesday September 20, 10:39 am ET Fund to Provide Five Million Dollars Development Capital for Mineral Mountain Operations
SUNRISE, Fla., Sept. 20 /PRNewswire-FirstCall/ -- Wineco Productions Inc. (OTC: WNCP - News) announced that it has entered into negotiations with a New York based hedge fund for the development of Mineral Mountain. The hedge fund has indicated that they would finance the operations upon the favorable outcome and completion of the final analysis of the spectra sized ore tailings at the mine site. Wineco's testing of the tailings and surpluses from Mineral Mountain Mining have resulted in significant shows of copper, chromium and gold. The company estimates that the tailings for processing could result in approximately 2 to 3 ounces of gold per ton. Click to see the technology: www.winecoproductions.com ADVERTISEMENT
Wineco has successfully developed gold plating solvents to be used in electroplating and anticipates utilizing the micron gold extraction from various mine sites for the business of the electroplating system. Wineco plans to become the principal supplier of both solvents and equipment for electroplating which includes gold, silver, rhodium and other precious metals.
A discovery channel of micron gold has been discovered in the lower reaches of the Iron Mountain range in northern United States and southern Canada. Testing for recovery of the heavy laden noble material in the Iron Mountain range will begin subject to the completion of the analysis of Mineral Mountain. Equipment for the Wineco laboratory is being built as per specifications and is expected to be at the Wineco laboratory site by mid October. This will enable Wineco to process and analyze ore of fifty (50) mines per month. This will be accomplished by testing ore bodies and tailings sent to Winceco by various mining operators throughout the US, Philippines, Africa and Indonesia. Wineco will create additional revenue streams by charging fees for analyzing the mine tailings from the numerous mining groups.
About Wineco Productions Inc.
Wineco is in the process of acquiring mining properties that show recoverable "Nobel Metals." The various properties are, for the most part, mines that have been worked in earlier times. Working these mines have left tons of "Tailings" that contain valuable material. The company will process the material that had already been mined and that material is referred to as "Tailings." These tailings yield better extraction of Noble Metals through advanced equipment. www.winecoproductions.com
Wineco has completed negotiations and has acquired the mine tailing from World Wide Consulting. The tailings consist of approximately 1 million tons and are very prolific in platinates. World Wide Consulting is the first of 5 companies that Wineco is in negotiations with. All companies have shown excellent results in their tailings. Wineco has proven its test in chemical extraction of platinum in addition to its previously proven micron gold extraction process.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of Wineco Productions Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
Contact: Wineco Productions Inc. James Logan, President 954 316-1326 or 954 575-7296
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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I was trying to see what ever happened to this POS and when I went to pink sheets and clicked on there website it sent me to a company called "ZALVIDA" with symbol ZLDV. I dont know if this is an error or a merger is in the works but maybe WNCP isn't dead after all. Have to do some more DD.
Posts: 712 | Registered: Mar 2006
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