SCOTTSDALE, Ariz., May 16, 2014 /PRNewswire/ -- Intertech Solutions Inc. (OTCPK: ITEC) ("Intertech Solutions Inc.," "ITEC" or the "Company") today reports that the Company has received its first batch of gold assay results from the previously announced Phase 2 trench sampling program at its WPE #1 and #2 gold claims located in Quartzite, AZ.
To date, the Company has received 30% of the sample results recently completed at the mine site. This first batch of gold assay results are comparable to our projections put forward on the Company's website http://www.itecgold.com where under the Investors section stakeholders can view our corporate presentations. All of the remaining Assay results taken throughout the entire sampling program are expected in approximately two to three weeks. There were 150 samples in total taken from surface down to depth.
The pay gravels were panel sampled, chip sampled and 50 pound representative pay zone samples were assayed taken from down to 25 feet vertically from surface. These samples indicate that the pay gravels were exposed and cut to depth across the entire length and width of the first 5 acres of the 40 acre claim block.
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.
To find out more about Intertech Solutions Inc. (OTCPK: ITEC), visit our website at www.itecgold.com
SOURCE Intertech Solutions Inc.