|
|
|
Real Estate News Releases
|
(EMAILWIRE.COM, August 04, 2008 )
TORONTO, ONTARIO-- VIPR Industries Inc. (VIPR.PK – News) (“VIPR”) is pleased to announce the appointment of geologist and geophysicist Mr. Jonas Mwano as Chief Senior Geological Consultant. Mr. Mwano will apply his extensive mineral exploration expertise and in-depth regional knowledge to lead the exploration and development of VIPR’s gold and uranium properties in Tanzania.
Mr. Mwano brings to VIPR Industries deep knowledge of TanzaniaÂ’s geology and mineral resource potential. A Geologist and Geophysicist with the Ministry of Energy and MineralsÂ’ Geological Survey of Tanzania, he has extensive experience in regional geological mapping and exploration particularly in Greenstone belts, as well as airborne geophysical data acquisition and ground geophysical exploration utilizing magnetometer, electromagnetic (TEM), gravity and Induced Polarization (IP) surveying. Mr. Mwano also contributed his expertise to the NDF Project conducted by the Geological Survey of Tanzania and Geological Survey of Finland (GTK) to identify priority areas with high mineral potential.
Mr. Mwano earned his Master of Science degree in Geophysics (M.Sc.) and Bachelor of Science degree from TanzaniaÂ’s University of Dar es Salaam. He was awarded for his work on Integrated Interpretation of Airborne Geophysical Data and Satellite Images for Geological Mapping of the Kalenge Area, Biharamulo District, North-Western, Tanzania.
Mike Gerstner, President and CEO of VIPR Industries Inc., commented: “We are pleased that Jonas Mwano has chosen to contribute his considerable geological acumen and experience exploring Tanzania’s mineral resources for the benefit of VIPR Industries. We believe his expertise will prove to be invaluable as we explore our Singida Gold Property and Itigi Manyoni Uranium Property and evaluate additional acquisitions in the area.”
As announced last week, VIPR has completed the acquisition of its Singida Gold Property located directly adjacent to and along strike from Shanta Gold LimitedÂ’s Singida Project where exploration drilling has identified an indicated resource of 543,000 ounces of gold valued at an estimated $500 million. VIPR has also closed the acquisition of the Itigi Manyoni Uranium Property where airborne radiometric surveys have identified uranium anomalies indicating strong potential for significant uranium mineralization.
The Geological Survey of Tanzania reports that Tanzania has significant potential for new discoveries as many commodities still are highly under-explored. Tanzania features excellent geological databases, good infrastructure, readily available exploration services and an attractive mineral policy. (Geological Survey of Tanzania, “Mineral Exploration in Tanzania”, 2008)
About VIPR Industries Inc.
VIPR Industries Inc. is acquiring and exploring high quality mineral properties, focusing on TanzaniaÂ’s rich but under-explored gold and uranium resources. Based in Toronto, VIPR is working to develop its Singida Gold Property and Itigi Manyoni Uranium Property which feature excellent potential for significant discovery and production.
Cautionary "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: With the exception of historical matters, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained herein. Such forward-looking statements include expectations on the timing of the closing of the transaction, expectations that these royalties will be accretive on all measures and provide immediate and near-term cash flow, the operator's estimates of proven and probable reserves and additional mineralization, the operator's production estimates, and an estimate of when production is to commence, and expectations on the contribution of revenues. Factors that could cause actual results to differ materially from projections include, among others, precious metals prices, decisions and activities of the operator of the various properties, unanticipated grade, geological, metallurgical, processing or other problems the operator may encounter, changes in project parameters as plans continue to be refined, economic and market conditions, as well as other factors described elsewhere in this press release and in any other filings with the Securities and Exchange Commission. In addition, acquired royalty interests on certain projects are subject to risks associated with conducting business in a foreign country, including application of foreign laws to contract and other disputes, foreign environmental laws and enforcement and uncertain political and economic environments. Most of these factors are beyond the Company's ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned not to put undue reliance on forward-looking statements.
For more information please visit www.viprindustries.com
Contact:
VIPR Industries Inc.
Investor Relations
416.644.8648
Email: info@viprindustries.com
________________________________________
For an in-depth coverage on VIPR Industries Inc., please visit: http://www.WallStreetStockReview.com
Other Stock To Watch In The News: Patriot Scientific Corp. (OTCBB: PTSC) closed last week at (0.23) up 4.55%, Brigham Exploration Company (NASDAQ: BEXP) closed last week at (13.98) down 0.14%, Tanzanian Royalty Exploration Corporation (AMEX: TRE) closed last week at (5.00) even 0.0%, Harmony Gold Mining Company Limited (NYSE: HMY) closed last week at (10.28) down 4.90%
WallStreetStockReview.com offers a newsletter covering companies traded on the OTC, OTCBB, PINKSHEETS and AMEX stock exchanges. Subscribers to our newsletter will receive up to date time sensitive press releases and profiles on featured companies traded on various small cap stock exchanges such as otc, otcbb, pinksheet and amex. Other sectors we cover are: alternative energy stocks/companies (solar stocks, wind stocks, hydro stocks, nuclear stocks, uranium stocks, biofuel stocks, clean coal stocks) as well as oil and gas stocks, gold stocks and mining stocks.
WallStreetStockReview.com - Penny Stocks Research Reports Investor Relations
Penny Stock research reports and investor relations are provided by wallstreetstockreview.com, visitors to our web site can sign up for our penny stock newsletter and be updated when we begin coverage on new small cap companies. Penny Stocks trade in the Small Cap Market being informed is a critical component to making decisions. Penny Stock coverage is what wallstreetstockreview.com covers and strives to keep you updated on companies looking to move ahead of the pack. Sign up today and stay informed allow wallstreetstockreview.com to provide you with the latest research reports on pennystocks.
Iron Consulting Inc. delivers a broad spectrum of services designed to meet your goals and fit your budget. They include: Search Engine Optimization, Email Campaigns, Financial News Distribution and Media Exposure, CEO Interviews, Analyst Reports, Investment Opinion Services, Web Design and Development, Audio & Video Profiles and Shareholder Communications.
WallStreetStockReview.com is owned and operated by Iron Consulting.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering secu rities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b),WallStreetStockReview.com is owned and operated by Iron Consulting. Iron Consulting www.ironconsultinginc.com has receive thirty five thousand dollars from Equity Alliance Intl. www.equityallianceir.com for a one month internet marketing program. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
WallStreetStockReview.com
Editor
858-523-0117
info@ironconsulting.com 
|
|
|
|
Real Estate News by Sector
|
|
|
|
|
