🕐16.12.11 - 19:27 Uhr

NMC RESOURCE FILES MOLAND MOLYBDENUM TECHNICAL REPORT



Cant read this email? View it online

Add to your address book or safe list to ensure email delivery


 
NMC-logo-NEW small - email template

December 16, 2011

NMC Resource (TSX-V:NRC) Files Moland Molybdenum Technical Report

VANCOUVER, BC - NMC Resource Corporation  (TSX-V:NRC) ("NMC Resource") has filed on SEDAR a National Instrument 43-101 compliant technical report (the "Report") entitled "Technical Report and Resource Estimate on the Moland Molybdenum Mine Property, Daejang-ri, Geumseong-myeon, Jecheon-si, Chungcheongbuk-do District, South Korea", dated December 16, 2011.

The Report was prepared by Tracy J.

Armstrong, P.Geo., Fred H.

Brown, CPG, Pr.Sci.Nat., Eugene J.

Puritch, P.Eng., and Kirk Rodgers, P.Eng., of P&E Mining Consultants Inc.

The authors are independent qualified persons ("QPs") as defined by Canadian Securities Regulations in National Instrument 43-101.

The Report is in support of an updated mineral resource estimate for the NMC Moland Mine in South Korea, the Indicated mineral resources 1.669 million tonnes grading 0.35% MoS2 and the Inferred mineral resources 2.094 million tonnes grading 0.32% MoS2 at a economic cut-off of 0.14% MoS 2, as outlined in the previous news release dated November 1, 2011.

The Report can be found on the NMC Resources SEDAR profile at www.sedar.com  or at www.nmcresource.com.

About NMC Resource Corporation

NMC Resource Corporation (TSX-V:NRC) is a mining company with two molybdenum assets: NMC Moland Mine in South Korea (a producing Molybdenum mine with an increasing production profile and resource base) and Boss Mountain Mine in British Columbia, Canada.

NMC Resources assets are strategically located to supply the growing demand for Molybdenum from the Asian markets.

On behalf of the board of NMC RESOURCE CORPORATION

Do Hyung Kim; President, Chief Executive Officer and Director

Forward-Looking Statements : This news release includes certain forward-looking information and forward-looking statements (collectively "Forward-Looking Statements") concerning the future performance of the Companys business, operations and financial performance and condition, as well as managements objectives, strategies, beliefs and intentions.

Forward-Looking Statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results.

Forward-Looking Statements are based on the current opinions and expectations of management.

All Forward-Looking Statements are inherently uncertain and subject to a variety of risks and uncertainties, including the speculative nature of mineral exploration and development generally and specifically in respect of the interpretation of the geology, continuity, grade and size of mineral deposits, unanticipated operational or technical difficulties, fluctuating commodity prices, competitive risks and the availability of financing, changes in laws or regulations, changes in the financial markets and changes in general economic conditions, as described in more detail in our recent securities filings available at  www.sedar.com .

Such Forward-Looking Statements are based on a number of assumptions, including but not limited to the level and volatility of the price of molybdenum, the availability of financing, the accuracy of reserve and resource estimates and the assumptions on which those estimates are based and the ability to achieve and maintain certain operational efficiencies.

Should one or more risks and uncertainties materialize or should any assumptions prove incorrect, then actual events or results may differ materially from those expressed or implied in the Forward-Looking Statements and we caution against placing undue reliance thereon.

We assume no obligation to revise or update these Forward-Looking Statements, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


A detailed stock quote on TSX-V: NRC can be found here.

For Investor Relations Contact:

 

kin communications inc.
tel.

604.684.6730 | tf.

1.866.684.6730 | fax.

604.684.6740 | www.kincommunications.com
suite # 210 - 736 granville street, vancouver, bc V6Z 1G3

 

To ensure you are receiving our emails please add to your address book.

 

 

Kin Communications (KinCom) provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s).

The information contained in this email is based on existing disclosure documents or other publicly available information.

Statements included in this announcement, including statements concerning our client(s) plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.

Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions.

Our client(s) cautions readers that forward-looking statements, including without limitation those relating to the companys future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

You are encouraged to seek independent verification of any information that is important to your decision and speak with an investment advisor regarding any of your decisions.

KinCom nor the above mentioned client(s) is not offering securities or advising or soliciting the purchase or sale of securities.


This email was sent by: Kin Communications Inc.
Suite 210 - 736 Granville Street Vancouver, British Columbia,
, V6Z 1G3,

Update Profile

If you do not want to receive emails please go here

 

 POWERED BY 6S MARKETING




Products & Services | Jobs