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SOURCE Foy-Johnston Inc.
LAS VEGAS, Feb. 22, 2013 /PRNewswire/ -- Foy-Johnston (OTCPINK: FOYJ), is pleased to announce that it has acquired Reconnocance license in Cameroon covering 10,000km2 for Gold, Precious Metals, Precious Gems and Rare Earth elements. Foy-Johnston also has the rights to a 719 square kilometer property in Central African Republic for Gold and Diamond. We are focused on near term production of these properties this season. We are production and acquisition oriented and is considering several additional projects suitable for near term production in West and Central Africa.
"The addition of the Reconnocance license gives us substantial opportunity to capitalize on some very exciting and profitable extraction of highly desirable metals and gems. We are constantly looking to enhance and upgrade our mineralization targets and this is definitely fits that criteria." Stated Alexander D. Powers – President of Foy-Johnston Inc.
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 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
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.