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Friday, March 18, 2011 8:03:47 AM
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High Growth Potential for Diversified Secure Ventures Corp
FOR IMMEDIATE RELEASE
New York, New York, United States of America (Free-Press-Release.com) February 15, 2011 --
Diversified Secure Ventures Corp (PINK:SRWY) formerly known as Runway Systems Corp was incorporated in 2006 and in engaged in acquisition and exploration of gold and strategic mineral properties in Canada.
The company currently has 60 percent interest in Hemlo Aura Gold property which consists of more than 360 acres of land of located in Northern Ontario, Canada. The company also has the rights to patented technology which can detect foreign object debris in the aerospace industry. The company is also involved in investigation of business ventures in retail sector.
Breakthrough Update
The company has recently announced its execution of a lease agreement with an option to purchase Sundance Gold Claims located in the Walker Lane Gold Belt, Mineral County, Nevada.
The high potential of the respective area is evident from the fact that the Walker Lane Gold Belt is regarded as world class resource of high gold deposits. Nevada is currently ranked 4th among the biggest Gold resources in the world after China, South Africa and Australia.
Round Mountain located in the Walker Lane Gold Belt has the credit to produce more than 10 million ounces of gold. Moreover the acquired region also includes Gold Hill which has produced more than 4.5 million ounces of gold, Bullfrog Mine which has produced about 3.5 million ounces of Gold.
The management of the company is high optimistic about their new venture which they have acquired after weeks of negotiations. According to the CEO of Diversified Secure Ventures Corp the respective property has produced as high as 3.6 oz/ton of gold which shows the immense potential of the property which the company has acquired.
The company is soon to start its drilling process and hopes utilize the full potential of Sundance property. The company expects high revenues and a diversified corporate growth in near future. The company believes that they have recognized an opportunity to generate higher returns of their shareholders.
The Sundance property is located in Walker Lane Gold Belt Mineral County, Nevada outside Hawthorne. The property’s success stories include the Lucky Boy mine and Borealis Mine. Almost 14 miles to Southwest of the property Esmeralda Mine formerly known as Aurora Mine which is being operated by Great Basin Gold.
The Sundance Property’s Potential
The Sundance Property has a history of huge gold discoveries. It was regarded as Big Indian Mine from 1880s to 1900s. As per its early records the readings of 3.6 ounces per ton of gold were reported.
The Sundance property happens to very ideal with respect to its geology as its veins are structurally controlled and have classic epithermal deposit. Due to high concentration of base metals in veins, gold content is found in top of epithermal system. According to reading gold content has been discovered at an elevation of 8000 feet.
Future Prospects
It is expected that the property would have more than 1.7 million tons of gold in four veins of ground level to 9000 feet above the sea level. This comes to an average of 0.207 ounces per ton of gold. According to the data of 1880 if the average ore grade is near around 3.6 ounces per ton, then almost 6 million ounces of gold can be extracted if mined up to level of 9000 feet. This property has never been drilled before and its high potential remains unknown.
6 million of ounces of gold mean revenue proceeds of almost $8.6 billion as per current gold rate $1445.35 per ounce gold bar. Undoubtedly Diversified Secure Ventures has grabbed an opportunity which promises the company huge growth in terms of revenue and profitability.
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