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Orion Diversified Holding Co Inc. (OODH: OTC Pink Current) | Stakeholders of OODH Shouting, "Eureka!" as AuVek Mining Co. Goes for the Gold! 10 hours ago
OTC Markets Group - News, Filings & Corporate Actions
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/NEWSWIRE/ -- ORION DHC, Inc. (OTC: OODH), is pleased to announce its wholly-owned division subsidiary, AuVek Mining Company (DBA), will deploy its commercial pilot plant onto its Joint Venture project consisting of approximately 5760 acres of active legal mining claims located in the western United States. AuVek Mining Co. fully expects to have the first gold showing in the new pilot plant within 20 days of the plant and support equipment arriving on the site.

The AuVek Mining Co. team executed a contract with its parent company to mine the tertiary 5760 acre mining asset based predominately on recent gold strikes discovered on the property by its qualified team members, historical gold production figures and U.S. Government geological reports. AuVek has since been working diligently for over eight months to complete the necessary metal fabrication, testing and equipment upgrades on its pilot plant - for use on this project. The AuVek Gold Mining plant is being configured to ensure that, in its operation, it properly removes unwanted magnetic materials, recovers gold with the highest recovery rates possible and easily processes the targeted soil samples - which were collected from the nearly 10 square miles of mining lands. Immediately following the pilot plant fabrication completion, expected to be done by June 25, 2014, the Bureau of Land Management will be provided a 15 day Notice that mining will be conducted on the property, in accordance with 43 CFR 3809 regulations.

Due to the fact there are a plethora of existing features on this AZ mine site from historic gold mining operations, the reclamation fees and bonding will be minimal. The existing features include, but are not limited to: settling ponds, equipment pads, staging areas, state registered water wells, groomed roads, test holes, locking gates and safety fences, etc. making this mine site highly attractive - both operationally and monetarily.

AuVek Mining Company is operated by Responsible Managing Officer (RMO) Mr. Greg Lowe of Nevada. Mr. Lowe is a seasoned gold mining professional with many years experience in gold recovery on the international stage ? operating multiple gold recovery systems in the United States as well as abroad. Mr. Lowe has sought advice from Dr. Thom Seal, ex-senior metallurgist of Newmont Mining, (NYSE: NEM) to garner tips from the highest levels of experience. Mr. Lowe and Dr. Seal have both afforded the project valuable insight into how best to recover the precious metals and other rare earth minerals from the aforementioned lands; and both have named specific equipment and processes which would likely benefit the long-term gold recovery efforts in the region.

Shareholder owned ORION DHC, Inc. (OTC: OODH) receives 40% of all net alluvial gold recovered from the new Joint Venture and additional gold from other AuVek Mining Co. ventures abroad. For more information and periodic updates please follow the links provided below. Additional news and further details with regard to these particular mining operations and planned AuVek stock dividends will follow shortly.

Links:
http://oriondhc.com/news-information/patent-news-nda-required/patent-28-information/

http://www.nasdaq.com/symbol/oodh/stock-chart

ORION DHC, Inc. is a publicly traded holding company under stock ticker symbol: OODH

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Safe Harbor Statement

This press release contains forward-looking statements regarding the future performance of the Company within the meaning of the Private Securities Litigation Reform Act of 1995. Statements or suggestions within this press release are subject to a variety of financial risks and uncertainties that may cause actual results to differ materially from purported expectations. Please invest wisely and not more than you can afford to lose. Always consult your personal financial advisor before taking any financial position in ORION DHC, INC. and visit the corporate website for full Company investment disclaimer www.oriondhc.com