Gold and GemStone Mining Inc. and Blue Orange Mining Ltd Agree to BOM Providing Equipment for All Concessions Mined
17 Dezembro 2012 - 5:00PM
Marketwired
Gold and GemStone Mining Inc. (OTCQB: GGSM), an alluvial gold and
diamond exploration company, is to be provided heavy duty mining
equipment. The heavy duty mining equipment is being provided by its
JV partner in Ghana, Blue Orange Mining Ltd.
GGSM CEO Charmaine King commented, "This is really the final
step in GGSM moving towards being a fully producing gold mining
company. We are extremely excited by these developments and expect
things to rapidly begin unfolding for the company with our Ghana
operations."
About Gold and GemStone Mining Inc. Gold and GemStone Mining
Inc. is an exploration stage company that will engage in the
acquisition, exploration, and development of diamond and gold
properties around the world. Integral to GGSM's plan is the
formation of strategic alliances and joint ventures with gold and
diamond mining companies for the acquisition(s) of new mining
concessions, equipment and human capital. The company's management
intends to focus on strengthening GGSM's position as a player in
the gold and diamond mining industry. GGSM is committed to
providing maximum return for shareholders while working closely
within the local communities it has mining operations to ensure
local economies are also benefiting and can flourish from GGSM's
activities.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995: Statements
relating to the company's business activities and other statements
in this press release are forward-looking statements within the
meaning of the Securities Litigation Reform Act of 1995. Such
statements are based on current expectations about the Company's
business. Words such as expects, anticipates, intends, plans,
believes, estimates and similar words and expressions are intended
to identify such forward-looking statements. These statements
involve risks that are difficult to evaluate. Actual results can
vary from descriptions herein due to many factors including changes
in metal prices and business conditions; changes in laws and
regulations; problems encountered in exploration and obtaining
permits; changes in the competitive environment; technological
advances; shortages of skilled workers, drill rigs and equipment;
the need for additional capital and other risks listed in the
Company's Securities and Exchange Commission filings under "risk
factors" and elsewhere. Forward-looking statements speak only as of
the date they were made. The Company does not undertake any
obligation to update forward-looking statements.
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