WICKENBURG, Ariz., Aug. 11, 2014 (GLOBE NEWSWIRE) -- Mining Global, Inc. (OTC Pink:MNGG) announced today that it has released production results from the ore it recently processed from the Congress Mine contract. The Company successfully processed approximately 715 tons of ore in the last three weeks out of which it has claimed nearly 71.50 ounces of gold weight. This is a total of 109.45 ounces of gold since the beginning of processing.
"After another few weeks of hard day's work, we are getting closer to hitting full capacity," said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. "Just a few more calibration glitches to work through and we'll start ramping up the volume."
The Company plans to add more equipment to reach its goal of 1000 tons a day.
Disclosures can be found on the Company's online disclosure portal at: http://www.otcmarkets.com/stock/YTRV/filings
About Mining Global Inc.
Mining Global's objective is to build and operate world-class mines and develop a robust portfolio of assets in North America with the focus on organic growth and early stage acquisitions. The exceptional experience and strength of Mining Global's management team, combined with the excellent infrastructure and robust economics of the Arizona mining industry, sets Mining Global to become a leading Gold development and mining company.
Forward-looking statements:
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.