TWDL Signs Agreement With Geologist
Aug 16, 2011
OTC Disclosure News Service
Las Vegas, NV –
FOR IMMEDIATE RELEASE
TWDL SIGNS AGREEMENT WITH
GEOLOGIST TO EVALUATE THEIR PROPERTIES
LAS VEGAS, NV — (Marketwire) – August 16, 2011 – Texas Wyoming Drilling, Inc.
(OTC:TWDL) announced today that there has been a mutual agreement not to continue testing
with Industrial Mineral Developments, Inc., and their consulting agreement has been terminated.
To continue this process, TWDL’s Board of Directors has contracted R.J. Johnson, P.G., C.E.M.
(Professional Geologist, Certified Environmental Manager) of Boulder City, Nevada 89005. He
has been hired to prepare a Canadian National Instrument (NI) 43-101 which is a mineral
resource classification system with strict guidelines as to how public companies can disclose
scientific and technical information about mineral projects. TWDL intends to have this completed
because it is unquestionably the gold standard for the industry worldwide.
While this change will delay the reporting process, TWDL management feels it is in the best
interest of shareholders and that it will be most beneficial for the mining projects. Reports from
the new geologist are expected to be available in several phases starting with an evaluation of
historical data on both the Yellow Jacket property near Moapa, Nevada by mid-October, and on
the Blue Jacket property near Nelson, Nevada one month thereafter. TWDL will report results to
shareholders as each phase required to prepare the (NI) 43-101 is completed.
Alfredo Nevarro, Sr., CEO of TWDL, says, “By adhering to strict standards and being
conservative in our press releases, I believe shareholders will feel secure knowing that they can
trust the news that we present to them. We have high expectations that the reports we receive
will be well worth the wait.”
TWDL has filed Second Quarter Financials with footnotes. Pending our attorney’s letter, we
hope to move to the next level of trading on OTCMarkets.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements, which may constitute “forward-looking statements”
within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of Texas Wyoming Drilling, Inc.
and members of its management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties, and that actual results
may differ materially from those contemplated by such forward-looking statements.
SOURCE: Texas Wyoming Drilling, Inc
Media and Investor Relations Contact:
Phone: (415) 342-1779
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.