NEW YORK, NY--(Marketwired - Apr 3, 2014) - Tungsten Corp. (OTCQB: TUNG) ("Tungsten Corp." or the "Company"), an exploration stage company focused on the evaluation, acquisition and development of domestic tungsten mining opportunities, is pleased to announce it has retained Carlin Trend Mining Services Ltd. (CTMS) of Elko, NV, to commence an in-depth program of stream sediment sampling in claim areas previously identified as offering high potential for commercial grade and size deposits of tungsten mineralization.
CTMS is a highly experienced geological service company with extensive experience across the mining districts of Nevada. The company recently completed a staking program extending the lands contiguous with the Company's original claim block at the Cherry Creek Tungsten Project. The fieldwork will focus on those areas offering high potential for new mineralization both on trend with previously identified targets, and also in prospective locations near historical tungsten mines on the property.
To review additional details of the recent staking program in greater detail, please visit: map -1:60,000 http://bit.ly/1ey0E0r and map - 1:35,000 http://bit.ly/17RX4sS. To review the full project please visit: http://www.tungsten-corp.com/projects/nevada/cherry-creek-nevada.
As part of the overall sampling program, Tungsten Corp geologists will also conduct comprehensive mapping, detailed rock chip sampling where warranted, and make extensive use of hand held Ultraviolet (UV) lamps in order to examine rock samples collected during the mapping program in order to identify fluorescent scheelite (the main tungsten mineral) where present. The UV process ensures rock samples can be pre-screened before sending them to an ISO certified laboratory for assaying, and also greatly increases the probability of identification of potential tungsten targets during the early stages of the fieldwork.
Company President Guy Martin comments, "Now that we have completed the staking of our new claims, we are moving quickly to get our team on-site and to continue with our primary mission to evaluate and assess the underlying potential of the property. To that end, we are increasingly moving forward towards the development of a set of primary drill targets, which we believe will provide the data that proves our belief in the potential for an extensive tungsten deposit at Cherry Creek."
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. Further information is available at www.tungsten-corp.com.
About Tungsten Corp. (OTCQB: TUNG)
Tungsten Corp. is a publicly traded exploration stage resource company focused on the exploration and development of tungsten deposits within the United States. Significant upturns in the value of tungsten over the past decade combined with increasingly restrictive practices from overseas producers have created an opportunity for renewed interest in domestic production for the first time in over 50 years. The Company aims to position itself as a leader in the proliferation of this emerging sector through the application of geological, geophysical and engineering expertise combined with skilled leadership in the areas of prudent financial and business development. For more information visit: www.tungsten-corp.com.
Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, references to options, historic production and activities, mineral grades and the development, costs and results of current or future actions and opportunities in the sector. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.