NEW YORK--(BUSINESS WIRE)--GNCC Capital, Inc. (OTC: GNCP) advises its stockholders that we are in receipt of a large number of e mail requests for information from our stockholders.
We are finalizing various areas of our planning as previously announced and will update our stockholders as to our progress on each of these various items. Management is working on a number of different key issues at this point and stockholders can expect significantly more information starting as early as this week.
This includes publication of Quarterly Filings and more detailed information on our existing Exploration Properties as well on our planned use of advanced radar scanning which remains our key objective in our exploration efforts. Management wishes to utilize the radar scanning on all our properties and very possibly, on optioned properties. This involves very detailed planning and budgeting.
We had undertaken, to prepare and to publish a Management Discussion Paper on the rationale and uses of this particular radar scanning technology and its uses for identifying geological anomalies and potential ore body delineation. This will highlight the benefits of using “Cutting Edge Mining Technologies” and as to why the Company will be attempting to deploy this technology on our properties under license. Once geographical mapping, budgeting and timeframes have been agreed upon, we will be able to finalize and publish this Discussion Paper.
The finalization of the additional financing required to fund large scale and very costly radar scanning remains our top priority.
The Company is not in a position to discuss any strategic deals currently being contemplated and discussed until such time as these transactions are consummated.
The Company is proceeding with all other published undertakings and we remain on course to meet our stated objectives and we will continue to update stockholders accordingly.
About GNCC Capital, Inc.:
GNCC Capital, Inc. is primarily a Gold Exploration Company, with a secondary focus on Silver Exploration. The initial 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.
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.