Xenolix Receives Preliminary
Test Results on Gulf Dragon Property
HENDERSON, Nev., Mar 18, 2004 (BUSINESS WIRE) -- Xenolix
Technologies (Pink Sheets:XTCI) is pleased to announce
that the first analysis of the samples taken from the
Gulf Dragon property has been reported back to the
company. Results indicate the presence of commercially
viable levels of precious metals in the first sample.
While these results are positive, it should be noted
that additional testing results will be needed to
corroborate these initial values.
The company feels that although these results are
preliminary, there is adequate collateral data to
support the initiation of final negotiations to purchase
the assets of Gulf Dragon LLC.
NOTE: A number of statements contained in this press
release are forward-looking statements that are made
pursuant to the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements involve a number of risks and
uncertainties including but not limited to: competitive
market conditions, successful integration of
acquisitions, and the ability to secure additional
sources of financing. The actual results that XTCI may
achieve could differ materially from any forward-looking
statements due to such risks and uncertainties.
All inquires can be made through the offices of
Xenolix Technologies, Inc. at 701 North Green Valley
Parkway, Suite 200, Henderson, NV 89074
SOURCE: Xenolix Technologies, Inc.
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