Oakmont Capital Corp to Acquire Manganese Properties

Oakmont Capital Corp. (TSXV:OMK.P) announced that it has acquired all four properties from Utah Manganese, Inc. located near Moab, Utah.

As quoted in the press release:

Utah Manganese evaluated numerous properties before staking these claims, which are believed to be the best prospects for manganese in the area. Utah Manganese completed the necessary surveys and submitted an exploration program, which was approved for the construction of travel routes, four drill pads (two each on Dubinky Well and Duma Point), mobilization of the drilling equipment and the reclamation work. Utah Manganese obtained the notice of acceptance for manganese exploration drilling by the U.S. Department of the Interior, which included site visits, surveys, and review of cultural and paleontological resources. Utah Manganese posted a bond and is permitted for exploration activities on Dubinky Well and Duma Point by the State of Utah until November 30, 2013.

To view the whole press release, click here.