LOS ANGELES, CA--(Marketwire - January 26, 2009) - UC Hub Group, Inc. (OTCBB: [ UCHB ]) announces that it has ordered staff to begin survey and preliminary prospecting on two new mining claim properties. These new and additional assays will be sent to an assay chemist lab in Nevada and Arizona for analysis of a combination of potential minerals including and not limited to gold and silver. If appropriate, the Company may also ask for further assay analysis for Platinum, Palladium and Tellurium although the Company is somewhat dubious about these minerals being present in the Nevada or Arizona mineral properties. These additional mining claims are not placer and both mineral properties have already had a previous assay done. However, since the company did not have control of the custody chain of these independent assays, the Company feels it should perform another assay. The previous assays have been posted in the past and the company would like to encourage all parties not to rely on any information direct or indirect until UC Hub Group, Inc. provides information in good faith. The Company also anticipates the testing of a leaching technology in February but again; remain extremely cautious about any such technologies or inferences thereof. Please note that shareholders should be cautious with any subjective interpretation of these mining claims which may be encumbered by one's indulgent "economic hopes." Presently the Company has a focus on Gold , Silver and Copper ore; processing timelines and tests; and an analysis for potential economics tied to timelines. Once these preliminary assays of the concentrates and their value in gold are done we would then continue and expand the budget for a more thorough analysis from the consulting geologist. The Company believes that confirmation of gold in the concentrates is phase one, and then we will begin analyzing the fines, leaching, and relative values quotients. As of this date, the price of Gold warrants our continued and cautious due diligence.
Safe Harbor Provision
This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Tri-Star Holdings, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.
Science & Technology
Science and Technology
Science and Technology
Mon, January 26, 2009
