HENDERSON, NV, July 19, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), is pleased to announce that after months of extensive planning and negotiations regarding the precious metals segment of our business plan, and a signed contract announced earlier in 2016, company representatives are currently in transit to deliver the first multi-million dollar shipment of gold to its buyer from our established Latin American mining sources. The significant revenue flow to Double Crown from these gold shipments will support all of the company's projects including mineral property acquisitions under consideration and also the advanced Translock² intermodal transport system which has recently been granted patent approval by the U.S. Patent and Trademark Office.
Company President Allen E. Lopez and our due diligence team, are scheduled to travel this month to inspect sites in North America for additional sources of gold and other precious metals to meet our customer demands. Double Crown intends to employ new, state of the art gravity wave and resistance technology, which is under exclusive contract, to fast track and indicate the presence of precious metals resources at these sites. We are also in the process of evaluating another new technology with the potential to revolutionize the processing of precious metals. This technology is environmentally safe (green), it returns the processing water clean, and gives a higher yield of the much desired minerals. Once this new processing equipment is adequately tested, we will make more detailed announcements on the performance of the system and our plans for its employment.
About Double Crown Resources, Inc.
Double Crown Resources, Inc., is a publicly traded company in the natural resources industry. In addition to our minerals and global commodities supply business, we market the patent-pending, multi-advantage container system called Translock² (Translock Squared). This system is designed for highly efficient, economical and environmentally friendly shipment of aggregate commodities. Additionally, we hold a 100% interest in the Bateman gold and nickel prospect near Thunder Bay, Ontario, Canada. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV with marketing offices in Houston, TX.
Neither this press release nor any related calls or discussions constitutes an offer to sell, or the solicitation of an offer to buy, any securities.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's annual report on Form 10-K for the year ended December 31, 2014 as updated from time to time in our filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services. For further information about Double Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com.
CONTACT: Double Crown Resources, Inc.
Jerold S. Drew, CEO & Chairman of the Board
10120 S. Eastern Ave. Suite 200
Henderson, Nevada 89052
Phone: (707) 961-6016
Email: info@doublecrownresources.com