Russell Industries: -RUSSELL INDUSTRIES: CORRECTION FOR APPROVAL DATE
HOUSTON, TX, Jul 17, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has received preliminary approval for its Plan of Operations for uranium exploration on its Rage Claims within the Monticello Ranger District of San Juan County Utah. The letter dated July 12, 2007 stated that "Our internal resource specialists are reviewing the project and there is a Request for Comments out to the public for their input and any concerns they may have. Currently, there are no significant issues identified and if no other issues are raided, we should have the Plan of Operations approved by August 13, 2007. If issues are raised, however, more time will be needed to analyze these before the Plan can be approved."
"We are pleased with the update and are optimistic that any issues from the Request for Comments would not be significant, therefore they should be resolved quickly and so should approval of our Plan of Operations," said Rick Berman, President and CEO of Russell Industries.
About Russell Industries, Inc.
Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK).
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