AVEC Options Mining Property in Argentina Confirming New Investment Diversification Strategy
DUBAI, United Arab Emirates, Jan. 10, 2012 /PRNewswire/ — AVEC Corporation (“AVEC”) (Pinksheets: AVEC.pk) announced today it has optioned a land block of app 10,000 hectares in Mendoza Province of Argentina. This block and investment have been under review by the company for many months and the company is engaging “land men” to secure additional parcels at this time.
The project is located in a copper/ gold porphyry district and contains a unique set of indicators of REM (rare earth metals).
Company personnel will be in Argentina next week to interview geologic field teams to develop a rapid schedule for trenching and geophysics.
Samuel Higgins, CEO, stated, “With this project and the support of our investor base in the Gulf Cooperation Council Countries, we have begun our strategy of seeking areas of investment where ‘new waves of the future are’ and this mineral area represents one of the worlds best prospective ‘large mine’ opportunities.
About AVEC Corporation AVEC Corporation (AVEC) is a global solutions provider that owns, develops, and invests in several key sectors including Green Energy, Information Technology, Medical and Bio Medical as well as Mineral Resources where “special situations are discovered. AVEC also licenses revolutionary market ready and profitable technologies, which are shown as vital for military, industrial and commercial uses in a wide variety of industries around the world.
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For further information, please contact:
Samuel Higgins, Chairman
www.aveccorporation.com (Green Energy Site)
SOURCE AVEC Corporation