King Resources, Inc. (PRBuzz.com) April 20, 2012 -- (OTC MARKETS:KING) (http://www.king-resources.com) is pleased to announce the Argentina mining merger candidate. As a non reporting issuer and this being a considerable and sizable event for KING, the company management elected to release this news event after the markets has closed. A summary of the mining deal is outlined in this news release. The company has completed a full 7 page detailed filing on OTC Markets. That filing can be viewed at http://www.otcmarkets.com/financialReportViewer?symbol=KING&id=78816
The mining company is domiciled in Argentina. In summary:
• This is a Pegmatite deposits with the area of eighteen (18) hectares under the name of "Tapias". • The mine is located 12 km in the East-Northeast direction from the town of Villa Dolores (Cordoba), on the location called LAS TAPIAS • This is a mine complex, which consists of three (3) shafts, it was established in 1946. • This is the main underground pit which is still used, and was primarily made for the beryl excavation, but was later used for the excavation of spodumene - "lithium mineral". Confirmed Reserves • 9,012.10m² x 16 m = 144,193.60 m³ x 2.6 = 374,903.36 Tons Possible Reserves • 9,012.10m² x 16 m = 144,193.60 m³ x 2.6 = 374,903.36 Tons
In other company news a temporary web site in anticipation of the merger (web site under construction) is located at www.minamar.rs/MinasLasTapias for our followers review. KING management reminds its followers to review this video hwww.minamargroup.com/stop-bash.php and www.bit.ly/STOP-NAKED-SHORTS.
More details and updates may follow via news release.
About King Resources, Inc. (KING) The company is a convergence of leading businesses that capitalize on new green technology, creativity, reputation and expertise to develop and exploit opportunities in real life, consumer savings and environmental changes that improve the quality of life and increases the profitability of the company at the sometime.
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