LAS VEGAS, March 17 /PRNewswire-FirstCall/ -- Texas Wyoming Drilling, Inc. (Pink Sheets: TWDL) announces that it has completed the acquisition of a mining property located in Clark County, Nevada, in the Moapa Mining District. The property is more particularly referred to as Yellow Jacket Placer Mining Claim #108. The consideration for this acquisition was cash, and shares of the Restricted common stock of TWDL.
Also, TWDL has an option and a right of first refusal on Yellow Jacket Mining Claims # 104, #20, #25, #22, #23, #26 and #27 should the Seller decide to sell these contiguous properties, or in the event that an offer is made to purchase these properties from Seller. TWDL would then have 30 days in which to match any such offer. These Mining Claims are contiguous to Claim #108.
The Company will conduct extensive exploration on Claim #108, several assays from samples taken show an abundance of Gold, Silver, Platinum and other Rare Earths. Also review the web site of the company at www.M3Mining.com.
Production from this property will commence when the company has obtained a permit to mine from the Bureau of Land Management. Application for this permit will be filed with the BLM within two weeks from the date of this announcement.
