Science & Technology
Science and Technology
Science and Technology
Wed, February 11, 2009
Tue, February 10, 2009 UC Hub, Inc.: UC HUB Group, Inc. Completes Second Assay Re-Confirming Gold
LOS ANGELES, CA--(Marketwire - February 10, 2009) - UC Hub Group, Inc. (
Florin Analysis:
Sample 1A Conc Average 1.895 Gold oz/st Sample 1B Conc Average 7.060 Gold oz/st Sample 1C Conc Average 1.156 Gold oz/st Sample 2A Conc Average .883 Gold oz/st Sample 2B Conc Average .711 Gold oz/st Residues 1 - .003 gold oz/st Residues 2 - .003 gold oz/st - Jacobs Assay - 2.06 oz/st - fire assay
As part of this due diligence the Company sent a measured sample of concentrate from the same area referred to as Area 1 (per samples 1a, 1b, and 1c above). The Arizona Assay results re-confirmed Gold again, with a 2.06 oz/ton. Two separate chemists and labs have now confirmed that gold exists on the Wickenburg Property and the range of gold in a particular zone is from 2.06 oz/ton to 7.06 oz/ton. The Company has all the longitude and latitude way points for these gold finds.
The Company also did an acid digestion with a focus on Tellurium. This was and is not the focus of the company but we did this analysis for various other strategic reasons. The report is also available on the web site. [ www.uchub.net ]
The redundancy with chemical analysis assay labs was paid for with the goal of confirming gold on the property and to give the shareholder and the management some freedom to actually deploy and mine. The Company has unshackled its concern about the presence of gold and as these independent assays confirm for everyone, there is no doubt that gold is present.
The Company will now begin a more aggressive process concurrent with the analysis of the other mines. The Company is grateful to the shareholders for their patience with this process. As long as management continues with due diligence and good faith we hope to remove latent fears while adding hope and faith with the company's choices and integrity. We welcome new shareholders to our future, our mergers and acquisitions and to a time honored relationship with the Company.
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 UC Hub, 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.
