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GPLS Geopulse Explorations Inc (PK)

0.04
0.00 (0.00%)
04 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Geopulse Explorations Inc (PK) USOTC:GPLS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.04 0.022 0.047 0.00 21:00:00

Geopulse Progress and Expansion Update

13/01/2012 11:44pm

Marketwired


Geopulse Explorations (PK) (USOTC:GPLS)
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Geopulse Exploration Inc.'s (OTCQB: GPLS) (OTCBB: GPLS) aggressive expansion of its gold, copper and potash properties to continue into 2012. The Company remains committed to the development of its asset base to further shareholder value and growth with additional mineral purchases both nationally and internationally. Forthcoming exploration programs are anticipated on the most promising properties in the future.

Management continues discussions to secure financing options for work and expansion programs. Shareholders will be updated as these negotiations progress.

Geopulse has completed the acquisition of a metalliferous mineral copper property located in the proven mineral/copper rich Lisbon Valley of San Juan County, Utah. The Company also finalized the acquisition of a mineral property in the La Sal Mountain region of Utah. The primary objective of this acquisition is its gold exploration potential, advantageously chosen for the numerous placers gold finds located throughout this area.

Utah State is the nation's third leading gold producer and significant global copper producer. Copper is the largest contributor of nonfuel minerals in Utah, with a value of over $1.7 billion.

Geopulse completed its year of acquisitions with the purchase of a Potash Property Lease located in the Paradox Basin region, an area that contains an estimated 2 billion tons of potash. Additional acquisitions of potash properties are expected in the future. Potash was $200 a ton during the last two years and is expected to reach $1,500 by 2020.

Safe Harbor for forward-looking statements

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Geopulse Exploration Inc. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Geopulse Exploration Inc. expressly disclaims any obligation to update the statements contained in this release.

Geopulse Exploration Inc. 6565 Americas Parkway NE Suite 200, Albuquerque NM 87110 Ph: 505-563-5787 investorinfo@geopulseinc.com

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