|January 13, 2012|
Tosca announces Red Hills Technical Report NI 43-101 now available on SEDAR.
|Tosca Mining Corporation (TSQ.V; US: TSMNF; FSE:TQ4) announces it has filed a form NI 43-101 for its Red Hills, Texas copper-moly project on SEDAR and also filed the document on the OTC-QX website. The June 10, 2011 Report was prepared by Mine Development Associates of Reno, Nevada.|
In addition, the Company announces that it has elected not to proceed with its option to acquire the Secret Pass project in Mohave County, Arizona. Ron Shenton, President, states that "considering the successful 2011 drill program, the Company intends to stay focused on the development of its Red Hills Molybdenum/Copper project located in Presidio County, Texas."
The Company's Board of Directors has also approved the cancellation of a total of 520,000 stock options which were set earlier in 2011 at a price of $0.50.
On Behalf of the board of directors,
For further information, please visit the company's website at www.toscamining.com or call 604-687-6562. Email: firstname.lastname@example.org
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements
You can view the Next News Releases item: Wed Feb 22, 2012, Tosca Mining releases NI 43-101 Resource estimate and Metallurgical results for Red Hills, Texas
You can view the Previous News Releases item: Tue Nov 29, 2011, Tosca drills 362.4 metres of 0.089% Mo, including 253 metres of 0.1% Mo in hole TMC-25 and 301.4 metres of 0.09% Mo including 42.4 metres of 0.16% Mo in hole TMC-29.
You can return to the main News Releases page, or press the Back button on your browser.