Vivakor Announces Extraction Results From the Thermal Vaporization Technology in Regards to Its Arizona Ore Bodies
HENDERSON, NV--(Marketwired - June 13, 2013) - Vivakor Inc. (VIVK) announces that VivaVentures Precious Metals LLC has achieved an extraction yield of ten ounces of Gold equivalent metals per ton of ore processed using the Thermal Vaporization technology. These results come from the Arizona ore sites that VivaVentures Precious Metals acquired interest in last September. The gold equivalent include all PMGs and other precious metals in this calculation.
Matt Nicosia, CEO of the Company, stated, "The Company is astonished on the success of the Thermal Vaporization technology. Such extraction is consistent with the previous assays that have been performed on the claims sites and we are proud that this investment has come to such fruition. One thing has become clear -- this technology, when applied to the mining precious metals extraction industry, is a game changer. We look forward to continued success as these mineral bodies, and others, become time proven producing reserves thus allowing the company to create extreme value in this asset base, which we believe will lead to a much higher shareholder value. This is just the beginning of the value creation that comes from the VivaVentures Precious Metals Thermal Vaporization Technology. We have taken once extraction-less ore bodies, and now made them worth billions, if not trillions in current in-ground value. Our objective is to create such value through high yielding, low cost extraction, and this is happening currently due to the Thermal Vaporization Technology."
About Vivakor, Inc.
Vivakor, Inc, is a asset acquisition company that develops and acquires assets that generate revenue currently or in the near term. The Company acquires technologies and assets in the fields of precious minerals, biotechnology, and alternative energy. We have several mineral assets that have great value and both create a cash flow and a long term revenue stream for the Company. We have effectively acquired positions in other Green Energy companies. We have several operating assets that produce revenues and cash flow to the company. Our business model is to acquire cash-flowing or near term cash-flowing mineral and or technology assets that an identified need or a substantial market opportunity with a significant market. For more information please visit www.vivakor.com.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements, including, but not limited to, statements regarding Vivakor's products and their related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor's filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Vivakor undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
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