Sparrowtech Resources, Converge Global and Uranium Hunter Announce Results of Additional Independent Sample Testing on Eagle Nest
TORONTO, ONTARIO, Aug 05, 2009 (MARKETWIRE via COMTEX) -- Sparrowtech Resources, Inc. (PINK SHEETS: SPMC), Converge Global, Inc. (PINK SHEETS: CVRG) and Uranium Hunter Corporation (OTCBB: URHN) are pleased to announce that they have recently received the results of additional independent testing on the Eagle Nest Mining Property Claims AMC294529 and AMC294535 ("Eagle Nest") in La Paz County, Arizona from the Copper State Analytical Lab in Arizona.
Assay Results
The samples consisted of fire assays for gold and silver on pits 1, 2, 3 and the top ridge. The Copper State Analytical Lab also did a base metal analysis of the samples to determine which metals are on the property.
Pit one indicated gold at 1.920 ounces or 59.712 grams per ton. Silver consisted of 0.10 ounces or 3.11 grams per ton.
Pit two indicated gold at 1.406 ounces or 43.727 grams per ton. Silver consisted of 0.06 ounces or 1.86 grams per ton.
Pit three indicated gold at 0.064 ounces or 1.99 grams per ton. Silver consisted of 0.59 ounces or 18.35 grams per ton.
The ridge sample had showings of gold at 0.031 ounces or 0.964 grams per ton with silver at 0.62 ounces or 19.28 grams per ton.
Cornelia Volino, President of Sparrowtech Resources, Inc. stated, "These assay results demonstrate that considerable gold value may be available on Eagle Nest. Therefore, Management is currently planning to send a geologist to Eagle Nest to provide the further evaluation necessary to block the ore body and determine the gold reserves." She further stated, "By surveying the property, identifying additional test sites for cross cut evaluation and securing samples from these cuts, further assays and concentration tests can be completed to assist the geologist in providing the Company with a comprehensive geological report on the property, which will further assist us in determining the feasibility, design and location of a potential operational plant."
About Sparrowtech Resources, Inc. www.sparrowtech.net
Sparrowtech Resources, Inc. is an exploration and resource development company focused on acquiring environmentally conscious mining operations, primarily in North and South America. The Company's leadership team plans to identify unique opportunities to extract gold and other precious metals from previously producing or producing mines and/or establish new discoveries in recognized gold districts. The Company's strategy follows socially responsible production by supporting improved working conditions and modernization techniques that leave little to no carbon footprint.
About Converge Global, Inc. www.convergeglobalinc.com
Converge Global, Inc. is an American-based junior mining company engaged in acquisition, exploration and development of properties containing principally gold as well as other precious metals. Converge Global, Inc. is committed to enhance shareholder value through judicious evaluation of potential gold and other strategic properties, securing the best talent available, investing in and utilizing the latest exploration/mining technologies and placing great emphasis on an efficient, low cost corporate overhead.
About Uranium Hunter Corporation www.uraniumhuntercorp.com
Uranium Hunter Corporation is an exploration company primarily targeting the uranium and precious metal industries in the resource sector. Initially, the Company was founded with the focus of developing a portfolio of quality uranium exploration properties in East Africa. With the recent shift in economic conditions, Management has decided to diversify the Company's interest to include the precious metals industry.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sparrowtech Resources, Inc., Converge Global Inc., Uranium Hunter Corporation and members of its respective management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to each management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The respective companies undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contacts:
Sparrowtech Resources, Inc. and Converge Global, Inc.
OTC Connections
(800) 723-5030
contact@otcconnections.com
Uranium Hunter Corporation
Reno J. Calabrigo
President
(416) 915-4257
info@uraniumhuntercorp.com
SOURCE: Sparrowtech Resources, Inc. and Converge Global, Inc. and Uranium Hunter Corporation
CONTACT: mailto:contact@otcconnections.com
mailto:info@uraniumhuntercorp.com
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SUBJECT CODE: Manufacturing and Production:Mining and Metals
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