Thursday, August 24, 2006 9:50:55 AM
Estimates of Tailings for Processing Exceed 200,000 at Mineral Mountain Mine
Aug 24, 2006 9:45:00 AM
SUNRISE, Fla., Aug. 24 /PRNewswire-FirstCall/ -- Wineco Productions Inc. (OTC: WNCP) is negotiating a contract with Mineral Mountain Mining for tailings and water retention at Mineral Mountains mine.
Wineco's testing of the tailings and surpluses from Mineral Mountain Mining resulted in significant shows of copper, chromium and gold. James Logan, Wineco's President commented, "Estimates of the tailings for processing could result in approximately 2-3 oz's of gold per ton which based on today's closing of gold at $629.00 per ton could result in substantial revenues and earnings for the company."
He also added, "water flow micron gold collection based upon 2,500 gallons per minute water flow will yield an addition half an ounce of gold at the 2500 gallons per minute constant flow every 4 hours and a single stage pump collection would yield an additional collection of approximately 3 more ounces of gold per daily cycle."
Wineco has designed and authorized the building of a gold plating system that will utilize the Wineco sponge gold micron collections for plating various items that require gold, silver and nickel plating. The company anticipates the plating unit will be in operation within 30 days. The materials used by the plating system comes from Wineco's chemical extraction of noble metals.
Upon the completion of Wineco's Florida based laboratory, all evaluations, assays and rare earth gathering will be done at Wineco's base of operations.
About Wineco Productions Inc.,
Wineco is in the process of acquiring mining properties that show recoverable "Nobel Metals." The various properties are for the most part, mines that have been worked in earlier times. Working these mines have left tons of "Tailings" that contain valuable material. The company will process the material that had already been mined and that material is referred to as "Tailings." These tailings yielding better extraction of Noble Metals through advanced equipment. www.winecoproductions.com
Wineco has completed negotiations and has acquired the mine tailing from World Wide Consulting. The tailings consist of approximately 1 million tons and are very prolific in platinates. World Wide Consulting is the first of 5 companies that Wineco is in negotiations with. All companies have shown excellent results in their tailings. Wineco has proven its test in chemical extraction of platinum in addition to its previously proven micron gold extraction process.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of Wineco Productions Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward looking statements contained in this media release.
Contact:
Wineco Productions Inc
James Logan President
954 575-7296 or 954 316-1326
SOURCE Wineco Productions Inc.
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James Logan President
Wineco Productions Inc
+1-954-575-7296 or +1-954-316-1326
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