July 7, 2012
CJT Mining, Inc. Announces Progress in Mining Activities
During the past month, the company has acquired the services of Brian R. Bond of Montrose, Colorado as a geologist to work with the company’s engineering firm Dyer Engineering in Reno, NV.
Mr. Bond has extensive geological investigation experience in the area of the primary properties owned by the company in the Reveille quadrangle located in Nye County Nevada. His first geological investigations began in 1982 and has continued under various contracts up until the present. His last analysis and assay sample work were completed in 2006, 2007 and 2008 and involved extensive work in and around the company’s propertiy in Nye County known as Asset #26.
Because Mr. Bond has already identified the best places on our claims to begin drilling, the company is able to save many months and possibly years in the time it normally takes to analyze and determine the best hole locations. Mr. Bond has generated the maps and detailed information regarding the hole locations and analysis of the drilling needed and the work has been forwarded on to Dyer Engineering to be included in the drilling permit application.
It is anticipated that the drilling permit application will be ready to submit by the end of September.
The company has also been receiving bids for the drilling from qualified drilling contractors.
An announcement on the drilling operations and the associated assay and analysis work will be made as soon as additional information is obtained.
Announcement Prepared By: N. Fred Anderson, President
Statements contained in this summary that are not statements of historical fact are "forward-looking statements" as that term is defined under federal securities laws, including, without limitation, all statements concerning expectations, beliefs, goals, intention or strategies for the future of CJT Financial, Inc. and/or CJT Mining, Inc. Forward-looking statements may be identified by words such as "goals," "plans," "believes," "will," "expects" and other words of similar meaning used in conjunction with, among other things, discussions of future operations, financial performance, product development and new ventures. Many factors could cause actual events or results to differ materially from those expressed in any forward-looking statement. This document is not a solicitation to invest. Investors are cautioned not to place any undue reliance on any forward-looking statements.