Micron Acquires Gold Property Near Underworld Resources
GREAT NECK, NEW YORK, Jul 13 (MARKET WIRE) --
Micron Enviro Systems, Inc. (OTCBB: MENV)(GERMANY: NDDA) ("Micron" or the
"Company") is pleased to announce that it has acquired land in close
proximity to a recent significant new gold discovery in Yukon, Canada.
Significant results from Underworld's discovery returned grades of 3.94
g/t Au over 59.9 and 3.59 g/t Au over 98.3 meters. As additional drilling
is ongoing on this prospect, the future results may prove to be one of
the most significant mining deposits in Northern Canada in recent times.
Bradley Rudman, president of Micron stated, "Having secured a land
position in this exciting new mining camp is a tremendous opportunity for
Micron. The Underworld discovery could have the potential to be a large
new discovery, hopefully similar to the Pogo Mine in Alaska. We are
excited to add to the assets of the Company in the one of the newest
'mining hotspots.' Not only do we have this new prospect, but we have the
coal claims and Oil sands leases, making Micron a well diversified junior
company. Management is also optimistic that additional projects or
additional acreage, complimenting one of our existing projects, will be
acquired in the near future."
Micron's common shares will be split on a three for one basis shortly.
Shareholders of record will receive the additional shares. The record
date will be decided shortly, but it is now anticipated to be around
August 1, 2009. Therefore, shareholders of record will be eligible for
the split, for example, a shareholder who owns one million shares as of
the record date, will own three million shares upon the split becoming
effective. The reason for the split is to reward the shareholders of
record and to potentially increase the liquidity of the trading of the
shares.
Micron is an emerging oil and gas company that now has exposure to
multiple leases in the Oil Sands of Alberta, Canada, which is one of the
largest oil producing regions in the world. Micron also has approved coal
leases at this time covering approximately 44,433 acres in Saskatchewan,
Canada. Management's goal is to build the asset base of the Company
through strategic alliances and independent acquisitions that will build
long-term shareholder value. Management continues to look for additional
projects that would contribute to building Micron's market
capitalization, including additional Oil Sands projects. Please visit
Micron's website for detailed maps of the locations of Micron's prospects
at www.micronenviro.com.
If you have any questions, please call Micron at 315-307-8136. If you
would like to be added to Micron's update email list, please send an
email to info@micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some cases,
you can identify forward-looking statements by terminology such as "may,"
"should," "expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential" or "continue" or the negative of these terms or
other comparable terminology. These statements are only predictions and
involve known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or
implied by these forward-looking statements. While these forward-looking
statements, and any assumptions upon which they are based, are made in
good faith and reflect our current judgment regarding the direction of
our business, actual results will almost always vary, sometimes
materially, from any estimates, predictions, projections, assumptions or
other future performance suggested herein. Except as required by
applicable law, including the securities laws of the United States, the
Company does not intend to update any of the forward-looking statements
to conform these statements to actual results. Readers are referred to
the sections entitled "Risk Factors" in the Company's periodic filings
with the United States Securities and Exchange Commission, which can be
viewed at http://www.SEC.gov. For all details regarding working interests
in all of MENV's oil and gas prospects or any previous news releases go
to the SEC website. You should independently investigate and fully
understand all risks before making investment decisions.
Contacts:
Micron Enviro Systems, Inc.
Bradley Rudman
(315) 307-8136
Email: ir@micronenviro.com
Website: www.micronenviro.com
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