Ensurge, Inc. Provides Update on Rondon Project in Brazil
MIAMI, June 22, 2011 /PRNewswire/ — Ensurge, Inc. (OTC Bulletin Board: ESGI), a U.S.-based resource company focused on developing gold properties in Brazil and Guyana by applying modern technology to extract gold from tailings at existing and abandoned mines, provided an update on its Rondon gold recovery project near Pocone, Mato Grosso, Brazil.
Auger drilling on 40 meter centers has been completed. Assay results from discrete samples taken every one meter down each hole have now been returned.
“Although the assays have been returned, they have yet to be analyzed in a resource model,” Jordan Estra, President and Chief Executive Officer of Ensurge indicated. “It would be premature to provide detailed information or conclusions prior to the completion of the analysis and the development of a resource model. That key geological information should become available over the next several weeks. If results are encouraging, the next step would be to ship a bulk sample for pilot plant metallurgical testing.”
About Ensurge, Inc.
Ensurge, Inc. is a U.S. based resource company focused on developing gold properties in Brazil and Guyana. This is a geographic area in which the technologies that have historically been employed in traditional gold mining operations are less effective than the most modern technologies currently available. Ensurge first obtains contractual agreements with owners of tailings at existing or abandoned mines to re-process the tailings. The company will then construct gold recovery plants applying both modern technology and capital to extract the gold. Initial projects are located in the Cuiaba Gold Belt region between Cuiaba and Pocone in the State of Mato Grosso, and along the Mazaruni River in Guyana.
(Ensurge is a fully reporting company currently traded on the OTC Bulletin Board under the symbol ESGI)
Forward Looking Statements
This press release contains forward-looking statements regarding the future results and performance of Ensurge, Inc. including statements regarding revenue, growth and market development. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those predicted in any such forward-looking statements. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements. The realization of any or all of these expectations is subject to a number of risks and uncertainties and it is possible that the assumptions made by management may not materialize. Statements in this press release may involve risks and uncertainties; actual results may differ from the forward-looking statements. Sentences or phrases that use such words as “believes,” “anticipates,” “plans,” “may,” “hopes,” “can,” “will,” “expects,” “is designed to,” “with the intent,” “potential” and others indicate forward-looking statements, but their absence does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly release any revisions to forward-looking statements.
For additional information please refer to the Ensurge, Inc. website: www.ensurgegold.com or contact Paul Henning of Cameron Associates, 212-554-5462.
SOURCE Ensurge, Inc.