United Resource Holdings Group, Inc. Receives Water Pollution Control Permit For Dun Glen Placer Mine And Approval Of Acquisition Of Controlling Interest In Noble Technologies Corp.
United Resource Holdings Group, Inc. (“URHG”) announced today that: (i) the Nevada Division of Environmental Protection (“NDEP”), Bureau of Mining Regulation and Reclamation, has granted final approval of a Water Pollution Control Permit for the Dun Glen Placer Mine; (ii) URHG has received approval of its acquisition of a controlling interest in Noble Technologies Corp. (“Noble”) from Noble’s disinterested shareholders; (iii) the NDEP, Bureau of Mining Regulation and Reclamation, has granted conditional approval of a Major Modification of Noble’s Water Pollution Control Permit; and (iv) Noble has changed its name to United Milling & Refining Corp.
The NDEP, Bureau of Mining Regulation and Reclamation, issued final approval of a Water Pollution Control Permit for the Dun Glen Placer Mine, effective as of November 2, 2012. Mark A. Kersey, URHG’s President, commented, “This permit grants URHG the right to complete construction of its milling facilities and commence mining operations at the Dun Glen Placer Mine. Approval of this permit is a substantial milestone in the development of URHG’s mining operations.”
URHG received approval of its acquisition of a controlling interest in Noble from a supermajority of Noble’s disinterested shareholders at Noble’s annual shareholders’ meeting held on Wednesday, October 31, 2012. Mr. Kersey noted, “This shareholder approval grants URHG voting control of Noble and allows URHG to begin integrating the companies’ operations and immediately take advantage of numerous synergistic benefits.”
The NDEP, Bureau of Mining Regulation and Reclamation, has issued conditional approval of a Major Modification of Noble’s Water Pollution Control Permit at its processing facility, located at the Tahoe-Reno Industrial Center in McCarran, Nevada. Public notice for this Major Modification will be posted by the NDEP on or about November 2, 2012, and its final approval is anticipated on or about December 4, 2012. Robert G. Kilroy, Noble’s President, said, “This approval will grant Noble the regulatory authority necessary to commence major modifications of Noble’s facilities to increase production capacity and enhance precious metals recovery through the use of proprietary chemical processes.”
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