GRANGER, Ind., Dec. 16, 2004 (PRIMEZONE) -- Ken Weiner, Publisher of Shazamstocks.com, today announced profile coverage of Galaxy Minerals, Inc. (OTCBB:GAXY).The Profile is a comprehensive look at Galaxy Minerals, Inc., and the company's portfolio of Gold mines. You can view the complete profile at http://profiles.shaazamstocks.com/gaxy/index.htm
ABOUT GALAXY MINERALS (www.galaxyminerals.com)
Galaxy Minerals, Inc. is incorporated in the State of Florida and trades on the OTC BB under the symbol GAXY.OB. Its main focus is that of Mining & Mining Exploration. Included in Galaxy Mineral's portfolio in various forms of JV and interest earning ventures are:
PERU
The Culebrillas Gold Mine situated in the Pataz Gold Belt of Northern Peru has a potential Inferred Gold Resource in excess of 3,000,000 ounces, based upon independent historical data calculations, extensive sampling, previous drilling programs, and actual pilot plant production for the past 10 years. Galaxy has acquired certain mineral rights in Peru, to develop the Culebrillas mine.
ARIZONA
OATMAN GOLD & LEXINGTON PATENTED GOLD PROJECTS
Galaxy Minerals Inc. has a 75% interest in 7 patented and 76 unpatented mining claims in and around Oatman, Arizona.
YELLOW JACKET GOLD MINE & PHOENIX GOLD PROJECT
Galaxy currently holds a 51% interest in the patented Yellow Jacket Gold Mine in Southern Arizona and the adjoining Patented Phoenix Gold project.
The company recently completed a Stock Equity swap within the United Kingdom relating to 36,000,000 common shares of the company to which reg. 144 restrictions apply.
The Company's headquarters are located in Chicago.
Galaxy Minerals, Inc. 500 Park Ave. Suite 203 Lake Villa IL 60046
847-265-7600 -- Phone 847-265-0995 -- Fax Lines
Email: Info@Galaxyminerals.com
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Disclosure: Shazamstocks.com has been compensated by a third party 27,500 free trading shares for publication of this profile. Details can be found at http://www.shazamstocks.com
Forward-Looking Statements
Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important factors that should be considered is contained in the company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.