LAS VEGAS, NV -- (Marketwire) -- 08/08/12 -- Bayport International Holdings, Inc. (PINKSHEETS: EXTO) today announced the acquisition of the 160 acre, Sir Tidwell (UMC #410854 ) iron ore mining claim located in Juab County, Utah. This claim was purchased from a group of private individuals for 40,000,000 restricted shares of common stock.
According to an assay report dated August 23, 2010, the Sir Tidwell claim contains 461,000 mg of Iron per kg. Additionally, the assay shows a concentration of Titanium with 24,300 mg/kg.
Bayport CEO James Porter said, "We would like to thank shareholders for their seemingly infinite patience. By securing the Tidwell Claim, we are expanding and diversifying our mining portfolio. We anticipate updates on this claim and existing claims in the near future."
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Texas.