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Gold/Mining/Energy : Desert Dirts, Gold & Platinum, the emperors new clothes

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To: Tim Hall who started this subject8/3/2001 8:51:16 AM
From: betone  Read Replies (1) of 1913
 
99.4% pure platinum in Arizona!!!!!!!!!!!!!

Friday August 3, 8:30 am Eastern Time
Press Release
SOURCE: Global Platinum + Gold, Inc.

Global Platinum + Gold, Inc. Announces Results of Independent Tests And Major Refiner Assays

SALT LAKE CITY, August 3/PRNewswire/--The following is being issued by Global Platinum + Gold, Inc. (OTC: GPGI - news):

During the past year, Global has been engaged in the research, development and testing of an evolving improved methodology for the extraction of platinum group metals from its Hassayampa property. We are pleased to report certain of those findings. First, an independent ``chain of custody'' test was conducted by Robert E. Fisher, a registered professional metallurgical engineer. From an 80 pound raw ore sample, Mr. Fisher recovered platinum in hand equal to 8.4 ounces per ton of screened ore (after deducting inquart used) with an estimated fineness of 90% or better. Additional tests have been completed and submitted to three major refiners of platinum group metals with results consistent with the Fisher analysis. Global has been able to produce a final product that consistently assays 99.4% pure platinum.

Global is also pleased to announce that it has made its first sale of its final product to a major refiner, the results of which will be announced next week.

This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

For information contact: Robert J. Nielson 801-277-0744

SOURCE: Global Platinum + Gold, Inc.
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