MIAMI--(BUSINESS WIRE)--Zoloto Resources Ltd (OTC Pink: ZRSCF) with gold milling operations in Ecuador continues to expand its Ecuador operations through the acquisition of interests in proven producing oil reserves. The Company is projecting that it will be producing 50 to 60 barrels of oil per day by the end of September, 2015 and up to 100 barrels per day by the end of 2015.
The projected cash flow of $290,000 per month from milling operations will allow the Company to acquire oil reserves and participate in new oil ventures. The Company will also continue to expand milling operations through the increase of contract milling.
Zoloto Resources Ltd trades in the United States on the OTC Pink under the symbol “ZRSCF”. For further information, please contact the Company at (305) 357 2010 or www.zolotomining.com or investors can find real time quotes and market information for the Company on www.otcmarkets.com.
NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market compensation and Zoloto's ability to meet current and future demands. Investors should study and understand all risks before making an investment decision. Zoloto Resources is not obligated to publicly release revisions to any forward-looking statement, to release events or circumstances afterward or to disclose unanticipated occurrences except as required under applicable law.