United Resource Holdings Group, Inc. Receives Water Pollution Control Permit for Dun Glen Placer Mine and Approval of Acquisition of Controlling Interest in Noble Technologies Corp.
United Resource Holdings Group, Inc. (“URHG”) announced today that: (i) the Nevada Division of Environmental Protection (“NDEP”), Bureau of Mining Regulation and Reclamation, has granted final approval of a Water Pollution Control Permit for the Dun Glen Placer Mine; (ii) URHG has received approval of its acquisition of a controlling interest in Noble Technologies Corp. (“Noble”) from Noble’s disinterested shareholders; (iii) the NDEP, Bureau of Mining Regulation and Reclamation, has granted conditional approval of a Major Modification of Noble’s Water Pollution Control Permit; and (iv) Noble has changed its name to United Milling & Refining Corp.
The NDEP, Bureau of Mining Regulation and Reclamation, issued final approval of a Water Pollution Control Permit for the Dun Glen Placer Mine, effective as of November 2, 2012. Mark A. Kersey, URHG’s President, commented, “This permit grants URHG the right to complete construction of its milling facilities and commence mining operations at the Dun Glen Placer Mine. Approval of this permit is a substantial milestone in the development of URHG’s mining operations.”
URHG received approval of its acquisition of a controlling interest in Noble from a supermajority of Noble’s disinterested shareholders at Noble’s annual shareholders’ meeting held on Wednesday, October 31, 2012. Mr. Kersey noted, “This shareholder approval grants URHG voting control of Noble and allows URHG to begin integrating the companies’ operations and immediately take advantage of numerous synergistic benefits.”
The NDEP, Bureau of Mining Regulation and Reclamation, has issued conditional approval of a Major Modification of Noble’s Water Pollution Control Permit at its processing facility, located at the Tahoe-Reno Industrial Center in McCarran, Nevada. Public notice for this Major Modification will be posted by the NDEP on or about November 2, 2012, and its final approval is anticipated on or about December 4, 2012. Robert G. Kilroy, Noble’s President, said, “This approval will grant Noble the regulatory authority necessary to commence major modifications of Noble’s facilities to increase production capacity and enhance precious metals recovery through the use of proprietary chemical processes.”
Noble has changed its name with the Nevada Secretary of State to United Milling & Refining Corp., effective on or about November 2, 2012. Mr. Kilroy stated that, “The name change is a positive development in putting the public on notice that Noble is now operating under URHG’s corporate umbrella and will be taking strategic direction from URHG’s board of directors going forward.”
About United Resource Holdings Group, Inc.:
United Resource Holdings Group, Inc., a Nevada corporation (“URHG”), is a publicly traded, U.S.-based holding company with core competencies in natural resource exploration, development and processing, and is quoted on the OTC Markets under the symbol “URHG”. URHG operates primarily through its subsidiary holdings in Dun Glen Mining Corp. and United Milling & Refining Corp.
Dun Glen Mining Corp., a Nevada corporation, is a wholly owned subsidiary of URHG and is engaged in the acquisition of mining equipment and the development of gold and other precious metals mining projects that demonstrate a reasonable probability for near term production, including its Dun Glen Placer Mine, located in Pershing County, Nevada.
United Milling & Refining Corp., a Nevada corporation, is a majority controlled subsidiary of URHG and is engaged in the beneficiation of precious metals from mineral ores and ore concentrates on behalf of its affiliates and third-party mining companies at its facility, located at the Tahoe-Reno Industrial Center in McCarran, Nevada.
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