Intertech Solution's Hunter Creek Project In Alaska Has Initial Estimates Of Over 400,000 Ounces

SCOTTSDALE, Ariz., Dec. 15, 2014 /PRNewswire/ -- Intertech Solutions Inc. (OTCPK: ITEC) ("Intertech Solutions Inc.," "ITEC" or the "Company") today is very pleased to announce further details on the Company's latest gold acquisition, the Hunter Creek Project in Alaska. The mine is located 75 miles northwest of Fairbanks, Alaska, within the Rampart Mining District – one of Alaska's most prolific gold producing areas and lies within the world famous "Tintina Gold District".

An initial geological and engineering review has now been completed on Hunter Creek. Hunter Creek holds large tonnage potential on over its 13,600 acres of claims, containing 6 individual placer and "river bar" deposits present that can be exploited over a strike length of 2.5 miles.

The preliminary tonnage calculations assumes a consistent pay streak of 20 feet, and a channel width of 200 feet, now estimate a minimum of over 3.3 million tons of gold bearing pay to be present on the Hunter Creek section alone. This does not include any calculations on the other 5 sections of bar deposits thus our deposit tonnage will most likely be much higher once the full analysis is complete. If the Hunter Creek grade is maintained at 4 grams per ton, the inferred resource may contain a minimum of 400,000 ounces of gold.

To fully exploit the large tonnage potential Hunter Creek, we will be providing large scale heavy mining equipment capable of moving at capacity up to 10,000 tons per day of pay to the plant. We believe the existing plant can at a minimum run 5,000 tons per day during the Y1 operating cycle, and based on that produce a minimum of 50,000 ounces from the first season of mining at Hunter Creek once our capital investment of $5 Million USD has been completed.  

Company President Rob McIntosh states "With the preliminary analysis of the Hunter Creek portion of the deposit complete, we now believe that an additional 400,000 ounces of gold is inferred which basically doubles the number of ounces the Company has access to in our portfolio on both WPE Arizona and Hunter Creek Alaska. We will finish our engineering analysis and report the final results shortly, however this preliminary study has produced results beyond our expectations as our project continue to outperform initial due diligence."

About Intertech Solutions Inc. (OTCPK: ITEC)

Intertech Solutions is a fully integrated, gold project finance, management and services consulting Company that provides development capital, engineering, project supervision and technical management to gold projects. The Company operates from its offices in Scottsdale, Arizona. Visit us at:www.itecgold.com

Notice 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 and Section 21E of the Securities Exchange Act of 1934. 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, scope and type of consulting services provided by ITEC, use of proceeds, future acquisitions, success of projects, growth and strategic plans. 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 petroleum exploration and development stage exploration 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 the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that 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.

ON BEHALF OF THE BOARD

Intertech Solutions Inc.

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Robert McIntosh

President, C.E.O.

To find out more about Intertech Solutions Inc. (OTCPK: ITEC), visit our website at www.itecgold.com

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SOURCE Intertech Solutions Inc.

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