NEW YORK--(BUSINESS WIRE)--GNCC Capital, Inc. (OTC: GNCP) has today published additional presentations on our Exploration Properties, as follows:-
- Interim photographs of our “Ester Basin” Property; and
- Interim photographs on our “Potts Mountain” Property”; and
- Interim photographs on our “Silverfields” Property; and
- Interim photographs on our “White Hills” Exploration property*.
*The initial “White Hills” photographs published today include numerous photographs from the previous drill campaign at “White Hills”, the Assay Results from that drill campaign were published on December 16, 2013 on the OTC Markets Group as a Supplemental Information Filing and under the link: http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=114914
Stockholders are advised that the information on “White Hills” will be massively increased through the filing this week of a narrated video of no less than 30 minutes in duration, very detailed mapping, the Consulting Geologist’s Report and no less than 230 additional labelled photographs including sampling and detailed images.
These interim reports as previously published and further published today are in Management’s opinion, very basic as our new and immediately implemented policy is to publish (a) At least 250 photographs including sampling (b) at least 30 minutes on narrated video footage and (c) increase our sample collection to a minimum of not less than 150 samples; this being for each and every one of our Exploration Properties.
We have published these reports in our ongoing, relentless and unwavering commitment to our utmost transparency to our stockholders.
On our “White Hills” Exploration property, which we will publish this week, will set the standard for our future presentations on each our properties. This report will include full details of fairly extensive sampling that being 112 samples, which were collected by our Consulting Geologist, Craig Parkinson at our “White Hills” Exploration Property and have been sent to American Assay Laboratories for analysis. Craig Parkinson will be providing his updated report on the Company’s “White Hills” Exploration Property as well as extensive video footage and photographic reports which will be published on Social Media, initially on YouTube; and on the OTC Markets site this week. This is the commencement of the Company’s long awaited foray into the increased use of Social Media for our benefit of our stockholders.
Each of the Company’s Exploration Properties including the significant increases in their size and scope, are being prepared through detailed mapping in order to accommodate and to expedite the use of our chosen partner in the use of their Radar Scanning technology. Which will produce a detailed profile allowing our geologists to log and sample specific areas to be able to delimitate the anomalies for further investigation
The Company will be updating stockholders on the final acreage and the complete geographical details of our significantly increased land positions as soon as they are filed and are no longer regarded as commercially sensitive. This is now well under way and reports will be filed in due course and in respect of these new land holdings.
This new policy is vital in order to successfully implement our new web site and our usage of Social Media as an Investor Relations tool to keep our stockholders fully informed and in real time. To that end, we are using a specialized company to ensure that all future video and photographic presentations are prepared to world class standards.
These presentations were filed today under “Presentations” on the OTC Markets web site, under the following links:-
“Sliverfields” – http://www.otcmarkets.com/companyPresentationViewer?cmdId=280
“Potts Mountain” – http://www.otcmarkets.com/companyPresentationViewer?cmdId=279
“Ester Basin” – http://www.otcmarkets.com/companyPresentationViewer?cmdId=278
“White Hills” - http://www.otcmarkets.com/companyPresentationViewer?cmdId=281
As undertaken in our press release dated March 17, 2014, we expect to publish the following reports this week:-
Expected Reports to be published this week:-
1) The Interim Report on “White Hills” prepared by Craig Parkinson complete with detailed mapping; and
2) The publication as a slide show” of in excess of 200 photographs individually labelled in respect of the “White Hills” Gold Exploration Project; and
3) The publication on www.youtube.com and on the OTC Markets web site, as a Presentation, complete video footage of the “White Hills” Gold Exploration Projects; and
4) The Company’s Q1 Earnings Statement, currently being reviewed by independent third parties; and
5) The reinstatement of the Company as a “Current Filer” on the OTC Markets Group from its temporary “Yield” annotation; and
6) The Assay results collected by the Company’s “Kit Carson” Exploration Project by Craig Parkinson whilst preparing his Interim Report on that Project; and
7) The Assay results collected by the Company’s “Burnt Well” Exploration Project by Craig Parkinson whilst preparing his Interim Report on that Project; and
8) The Assay results collected by the Company’s “Clara” Exploration Project by Craig Parkinson whilst preparing his Interim Report on that Project; and
The initial rock samples collected (and in respect of in the Interim Reports for “Clara, Burnt Well and Kit Carson”) were submitted to American Assay Laboratories, 1500 Glendale Avenue, Sparks, Nevada, 89431. American Assay has been providing analytical testing services to the mining industry since 1987. More information is available at “www.aallabs.com” and 775-356-0606.
The laboratory was instructed to analytically test the samples using the method Inductively Coupled Plasma Mass Spectrometry (ICP). The specific ICP package selected was “ICP-4B-UT” wherein the sample is digested with HNO3+HCl+HF+HClO4 for one hour, then read on the mass spectrometry equipment. The results are typically stated in parts per million (ppm).
The Company’s other Consulting Geologist, Raymond Harris, continues to remain in the field at the Company’s “Ester Basin, Potts Mountain and Silverfields” exploration properties. Upon his return, he will prepare detailed reports for publication and coupled, for each of these Projects, with detailed mapping, extensive video footage and numerous labelled photographs for our Social Media Platforms. The Company reiterates that it does not expect any Assay results from samples collected by Consulting Geologist, Ray Harris, in respect of our “Ester Basin, Silverfields or Potts Mountain” for at least another two weeks.
The Company continues to increase the size, scope and to perform detailed evaluations of all its exploration properties, as previously documented and announced; and will continue to update stockholders as these various geological and assay reports become available.
The additional 112 samples recently collected from “White Hills” are at American Assay Laboratories and upon our receipt of their report, they will be published.
Links to GNCC Capital, Inc. Latest Reports & Presentations (Excluding those mentioned in this Press Release):
Company’s last Annual Report (PART 1 of 2): http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=116604
Company’s last Annual Report (PART 2 of 2): http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=116605
Interim Report on Company’s “Clara” Gold exploration property groups: http://www.otcmarkets.com/companyPresentationViewer?cmdId=271
Interim Report on Company’s “Burnt Well” Gold exploration property groups: http://www.otcmarkets.com/companyPresentationViewer?cmdId=275
Interim Report on Company’s “Kit Carson” Gold exploration property groups: http://www.otcmarkets.com/companyPresentationViewer?cmdId=276
Historical Assay Report on Company’s “White Hills” Gold Exploration groups: http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=114914
About GNCC Capital, Inc.:
GNCC Capital, Inc. is primarily a Gold Exploration Company, with a secondary focus on Silver Exploration. The Company’s current exploration properties are located in Arizona and consist of “White Hills, Esther Basin, Burnt Well, Clara, Kit Carson, Silverfields and Potts Mountain". The Company intends to create significant value for its initial portfolio of properties through continued exploration, joint ventures, and through the acquisition of additional Gold and Silver Exploration assets. GNCC Capital, Inc. is a current information filer on the OTC Markets under the symbol “GNCP”.
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.