Admiralty Announces Plan to Add Significant Line of Business; Company to Enter $380,000,000 Niche Market.

Business Wire | September 25, 2002 | Copyright

Business Editors/Technology Writers

ATLANTA--(BUSINESS WIRE)--Sept. 25, 2002

Ruby Mining Company (OTCBB:RUBM), a Colorado Corporation, d/b/a Admiralty Corporation ("Admiralty") today announced its plan to expand its business by utilizing its proprietary ATLIS technology first designed to locate and recover historic shipwrecks.

Admiralty now believes its ATLIS technology may provide assistance to governmental authorities in the detection and location of unexploded ordnance (bombs, artillery shells, ammunition, and weapons) commonly known as "UXO."

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