From the URHG FB page:
United Resource Holdings Group, Inc. has Adopted New Best
Practices and Completed Bulk Sampling at the Dun Glen Mine in
Pershing Co., NV
Reno, NV--(OTC Markets Pink: URHG) – November 16, 2016) - United Resource Holdings Group, Inc. (OTC
PINK: URHG) has adopted new best practices and completed bulk sampling of ore material at the Dun Glen Mine
(“Mine”) in Pershing County, NV.
URHG announced the adoption of new internal control policies and related changes to management. URHG is not
registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934 and, as such,
is not subject to the heightened compliance provisions of the Sarbanes-Oxley Act. Nevertheless, URHG has
determined to adopt certain Sarbanes-Oxley requirements and will consider adopting additional policies as best
practices.
These new best practices will include URHG's immediate:
?Adoption of internal reporting and financial controls policies; and
?Creation of an independent Audit Committee and Audit Committee Charter.
An accounting firm has been retained on a confidential basis to design and implement the internal reporting and
financial controls that are being pursued at this time. No additions or modifications to financial reports, if any, will
be posted to the OTC Markets Pink website until this process is completed. These controls are being implemented
to ensure the most accurate information for the public information released regarding URHG’s financial
information.
After the Mine Safety and Health Administration (MSHA) approval was given for the facility to resume operations
on November 4, 2016, the following ore was sampled and processed at the Mine:
Date Hours Tons
November 6, 2016 1.25 43
November 7, 2016 1.04 30
November 11, 2016 1.75 87
Total 4.04 160
The Mine’s geologist is concentrating the bulk sampled material at this time so the concentrates can be assayed by
independent assayers. The geologist will then analyze the assay information to determine the feasibility of the
mining plan for the Dun Glen property.
Since the mining facility is fully permitted and has adequate water reserves for processing with minor regulatory
notifications required to process ore, efforts are being made at this time to consolidate the Dun Glen mining
district. Mining properties on patented land with higher assays located in the Dun Glen mining district are being
considered for acquisition or joint venture for processing at the Mine.
Dana Low stated, “We are continuing to strive to provide the most accurate financial and operational information
about URHG to our stockholders in the timeliest manner possible. These efforts are intended to further URHG’s
desire to become a leading gold mining company in Nevada.”
