GNCC Capital, Inc. (GNCP) Provides Shareholder Update, Highlights Strong Position

GNCC Capital, Inc. (GNCP) Provides Shareholder Update, Highlights Strong Position Today before the opening bell, GNCC Capital issued a press release outlining its portfolio, strategic initiatives, ability to achieve stated objectives, and overall growth strategy. Management believes the “Clara” and “Burnt Well” gold exploration properties, as well as the recently acquired “White Hills,” meet immediate and stated objectives of “low cost” and potentially economically viable mining properties. The company’s strategy is to generate revenue streams from the JV agreements on its properties, the proceeds to be deployed in the acceleration of exploration for other potentially viable gold properties in its portfolio, thereby leading to further JV agreements and cash flow. The company will also expend funds on further development on certain of its properties with a view to a sale of advanced stage exploration properties. GNCC Capital also updated investors on its Gold Hill property, which is located at the company’s Clara gold property in La Paz County, Arizona. Management is of the opinion that this has the potential to be a low cost producer as well. Clara is a detachment fault gold deposit. The mineralization is in a flat lying breccia zone at the base of Gold Hill, which is ringed with historic adits (mine tunnels), pits and other mine workings. The breccia zone is 5 to 30 feet thick and it underlies the Gold Hill property. In management’s opinion, this has great economic potential. GNCC Capital is looking at Gold Hill in an entirely new way from previous owners. The last company to explore Gold Hill found, through sampling the workings around and under Gold Hill, very encouraging results. Their surface sampling reportedly returned gold values of up to 0.652 ounces gold per ton and copper values of up to 20% copper. Underground sampling returned up to 0.512 ounces gold per ton with copper values up to 2.59%. The 36 samples taken averaged 0.091 ounces gold per ton and included a section of continuous chip / channel samples which averaged 0.162 ounces gold per ton over 85 feet. They then drilled nine holes at Moreau Hill, which included intercepts of 45 feet grading 0.097 ounces gold per ton and 15 feet grading 0.089 ounces gold per ton. The company’s management team is analyzing these drill results and sampling patterns with the intention of developing an underground mining plan utilizing the latest technology in order to deliminate the mineralized breccia zone which has an access road. GNCC Capital has determined that this has the potential to be a low-cost underground mine which requires no shaft sinking or large capital expenditures. In the press release, GNCC Capital emphasized that low cost is its top priority for mining given the volatility of the gold price. All of its mines are in a mining-friendly state with good infrastructure and a well-educated workforce. The company said today it does not require any additional funding in this fiscal year in order to achieve their stated objectives. The company’s management has secured the requisite funding to meet its stated objectives for this fiscal year. GNCC Capital is working to monetize its existing assets and to acquire additional assets, should they be of a strategic and economic fit, in order to secure sustainable revenue streams for the company. For more information on GNCP, visit www.gncc-captial.com About QualityStocks QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies. Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net The Quality Stocks Daily Blog http://blog.qualitystocks.net The Quality Stocks Daily Videos http://videocharts.qualitystocks.net The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net