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SpecTrader

07/31/13 9:11 AM

#719843 RE: Cool_Trades #719835

~GNCC - News: Potential Low Cost Mining at Gold Hills Property

NEW YORK, July 31, 2013 (GLOBE NEWSWIRE) -- GNCC Capital, Inc.'s Management stated that they were primarily focusing on certain of its existing Gold Exploration Properties, "Clara" and "Burnt Well," as well as its recently acquired "White Hills" as these properties meet Management's immediate and stated objectives of "Low Cost" and potentially economically viable Gold Mining Properties.
The Company's strategy is to generate revenue streams from the Joint Venture Agreements on its Properties, the proceeds to be deployed in the acceleration of exploration for other potentially viable Gold Properties in its portfolio, thereby leading to further Joint Venture Agreements, and cash flow. The Company will also expend funds on further development on certain of its properties with a view to a sale of advanced stage exploration properties.
Company's Management updates on its Gold Hill property, which is located at the company's Clara gold property in La Paz County, Arizona. Management is of the opinion that this has the potential to be a low cost producer.
http://finance.yahoo.com/news/gncc-capital-inc-potential-low-115148971.html