Geopulse Progress and Expansion Update
January 13 2012 - 6:44PM
Marketwired
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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