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OTO Mining, Ltd. Silver Mining Developments

04-25-2012 01:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: OTO Mining, Ltd.

For OTO Mining, Ltd., factors behind silver are robust and the rare earth white metal has become a strategic metal in today’s market. It is essential and required in almost modern devices, like in the electronics, solar panels, and even in all the new medical uses, such as biocides.

Reports have shown OTO Mining, Ltd. that silver is now beginning to be used in hospitals for no known bacteria can live in a silver environment. New uses are coming about almost everyday and many essential applications are very useful and needed in our modern world.

With these emerging developments, if we are going to view silver in a long term cycle, it brings silver prices higher and higher. Despite of silver hitting such high prices last April which is up to nearly $50 an ounce, demand for industrial uses still surged up to 17 percent.

Aside from the boost in industrial demand, with people buying silver bars and coins in record numbers, the investment side of silver has also grown exponentially. Because of these aspects, OTO Mining, Ltd. continues to have a strong positive outlook for silver in the near future.

OTO Mining, Ltd. is an international silver mining company which is engaged in the exploration, development, acquisition, and mining of high-grade silver properties in China. The company continues to focus on internal growth through active exploration programs. A superior opportunity for future corporate development and growth in shareholder value is created through the great exploration prospective of projects of OTO Mining, Ltd. combined with a low market capitalization, engagement to the joint venture business model, and low operating costs.

OTO Mining, Ltd.
No. 33 Qiaoxi Avenue, Songshan District, Chifeng City, Inner Mongolia 024005, Mongolia
Phone: +18663110818
Office Phone: +108007131478
info@otoltd.com
Bolormaa Kushi

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