KRTL Holding Group Inc. (OTC: KRTL) ("KRTL" or the "Company") today provided a progress update on the Acton Area Historic Validation Project being coordinated through KRTL International Corp. and KRTL BlueSpot Inc.
Following the Forest Service coordination previously disclosed by the Company, KRTL has received confirmation from the U.S. Forest Service, Angeles National Forest, that it is cleared to proceed with both Phase 1A geological reconnaissance and the proposed Phase 1B limited hand-sampling program.
The confirmed Phase 1B scope allows for up to 10 hand samples of approximately 1 to 2 kilograms each. The Forest Service also advised that access on Forest Service Road 4N23 is closed to motorized use, and that access for the current field program will need to be nonmotorized.
With the Phase 1A and Phase 1B pathway now established, KRTL can focus on coordinating the appropriate geological, technical and support partners needed to execute the field work, while continuing to advance the project's grant-opportunity development and strategic outreach efforts.
KRTL Holding Group management stated: "Receiving confirmation for both Phase 1A and Phase 1B represents an important advancement for the Acton project. We have moved from agency coordination and defining the allowable scope into a position where we can now prepare for execution. Our focus shifts to aligning the appropriate geological and technical partners, planning the field work, and continuing our grant-opportunity and strategic outreach efforts around the project."
Current Eight-Claim Project Area|
Reference Map - GO FOR BROKE 442CT 1-8 Claim Cluster |
GO FOR BROKE 442CT 1-8 Claim Group
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Reference map and claim identifiers are provided for project-location reference only and do not constitute a boundary survey, mineral-resource map, or representation of record claim ownership.
About KRTL BlueSpot Inc.KRTL BlueSpot Inc. is a subsidiary of KRTL International Corp., which is a wholly owned subsidiary of KRTL Holding Group Inc. BlueSpot supports strategic project development, mining and mineral-project consulting, technical evaluation, partner coordination and related project-development activities.
KRTL BlueSpot: www.krtlbluespot.com
KRTL International: www.krtl-icc.com
KRTL Holding Group: www.krtlholding.com
This press release contains forward-looking statements regarding the Acton Area Historic Validation Project, field reconnaissance, limited hand sampling, technical-partner coordination, grant-related opportunities, outreach activities and potential future project development. Actual results may differ materially due to technical, regulatory, environmental, legal, economic, financing and other uncertainties.
The current program remains a staged historical-validation effort. Field observations and any sampling results will be used to further evaluate the historical project record and help determine appropriate next steps. Historical assays and other historical or owner-provided information have not been established by KRTL as current mineral resources, mineral reserves, economic mineralization or project value.
The Forest Service confirmation described in this release relates to the Phase 1A reconnaissance and Phase 1B limited hand-sampling scope presented to the agency, including up to 10 samples of approximately 1 to 2 kilograms each. It does not constitute authorization for drilling, mining, production, motorized access on closed Forest Service roads, or other activities outside that scope.
Any future technical work, grant participation, funding, exploration or project development remains subject to applicable requirements, technical results, agency processes and future agreements where appropriate.