Silver Capital AG Concludes Two Soil Sampling Programs on the
Ruostesuo Project in Finland
FRANKFURT, GERMANY--(Marketwire - January 04, 2008) - A few weeks
ago, Silver Capital AG concluded the second so-called MMI-Till Soil
Sampling Program on the Ruostesuo Project in central Finland. The
scope of the first MMI program in June and July 2007 included a total
of 150 different samples in six areas of the overall licensed
territory. For a period of nine days, four people removed two soil
samples from each hole. The current soil program was done in October
and November 2007 and comprised a total weight of 69 kg of soil
samples. These samples were sent two weeks ago to the well known
Canadian laboratory SGS Minerals in Toronto for analysis.
After reviewing the results of these sampling programs and existing
historical exploration results, Silver Capital AG's objective is to
define new target areas for a drilling campaign and additionally
necessary exploration and development work for the year 2008.
In late spring or early summer 2008, a comprehensive drilling program
for a minimum of 3,000 metres is planned for the Ruostesuo area based
on the previous geological and geophysical test work.
Silver Capital AG is the first German still privately owned company
with the main investment focus on the precious metal silver. The IPO
and listing of its shares on the Frankfurt Stock Exchange in Germany
is scheduled for the end of the second quarter of 2008.
Silver Capital AG
D-35510 Butzbach-Hochweisel, Germany
(+49) 6403 7790 639
(+49) 6403 7790 618 (FAX)