Foy-Johnston Leases Assets from Icon Cameroon Ltd.
LAS VEGAS, Feb. 5, 2013 /PRNewswire/ -- Foy-Johnston
(OTCPINK: FOYJ), has announced it has reached an agreement to lease
2 – six inch exploration dredges, as well as studies and reports
comprising the gold and precious gems in Cameroon from Icon Cameroon Ltd.
Icon Cameroon Ltd. is a multi-faceted consulting firm
specializing in consulting for foreign national corporations. The
Company has been active in mining, Internet Service Providers,
Infrastructure and agriculture projects within Cameroon since 2008.
The studies are of the areas in Cameroon that Foy-Johnston has shown keen
interest in and are the areas that they will be acquiring
concessions from the government.
These reports and studies will enable the team on the ground in
Cameroon to target key gold and
precious gems producing areas. This will in turn enable the Company
to get to producing revenues at a much quicker pace.
"Getting this information gets us many steps closer to where we
want to be for the Company in Cameroon." stated Alexander D. Powers, President of Foy-Johnston.
"This is valuable information that took years and years to
accumulate, so it puts us way ahead of the curve there," he
added.
About Foy-Johnston Inc.
Foy-Johnston through its wholly owned subsidiary Cameroon Mines
is involved in enhancing exploration and mining assets through
diligent application of technical and commercial expertise for the
benefit of all stakeholders of Foy-Johnston in an efficient and
environmentally responsible manner. Cameroon Mines is a mining
explorer and producer committed to developing strategic mining
exploration and project opportunities in Gold, Precious gems, Rare
Earth Metals, Iron Ore and Platinum Group Metals. The Company has
assembled an experienced group of individuals with broad local and
international industry knowledge, where it will assist to build
shareholder value and help fast-track the development of its
accumulated assets. Cameroon Mines will also secure the
participation and support of key strategic partners globally, who
can provide tangible benefits towards achieving the Company's
goals. The Company has already acquired a portfolio of Gold and
Diamond exploration tenements in key mineral regions of
Cameroon, and Central African Republic. Our website is
www.cammines.com
Forward-Looking Statements
Please be advised that statements made herein, other than
historical data, constitute forward-looking statements that involve
risks and uncertainties that could cause actual results to differ
materially from those stated or implied by such forward-looking
statements. The potential risks and uncertainties include, among
others, potential volatility in the company's stock price,
increased competition, customer acceptance of new products and
services offered by the company, and uncertainty of future revenue
and profitability and fluctuations in its quarterly operating
results. Please also be advised that the company's stock is not
currently registered with the Securities and Exchange
Commission.
Contact:
Investor Relations
E-mail: info@cammines.com
Website: www.cammines.com
SOURCE Foy-Johnston Inc.