Gold and GemStone Mining Inc. Meets With Tell Mining Ltd., Discussing a Potential Joint Venture
18 Dicembre 2012 - 3:00PM
Marketwired
Gold and GemStone Mining Inc. (OTCQB: GGSM), an alluvial gold and
diamond exploration and development stage mining company focused on
West Africa, now has the opportunity to further expand their
territory into Ghana through a potential Joint Venture with Tell
Mining Ltd.
Charmaine King, GGSM's CEO, today commented, "I'm delighted to
announce that this potential JV with Tell Mining Ltd. can bring
great opportunity to GGSM and its shareholders. Ghana still has
great unexplored land with a high concentration of gold in the
ground. Ghana boasts almost two decades of multi-party democracy.
This has been lauded internationally, and the country continues to
mature in its democratic principles. The result has been major
national economic gains over the years and the country is
considered one of the most politically stable in the continent of
Africa."
Ms. King then goes on to state, "Before signing up with any land
owners for the rights to explore for gold it is extremely important
to have the right local partnership in place and this is where we
see a future potential opportunity by working together with Tell
Mining Ltd., as they have the relationships in Ghana that we have
in Sierra Leone. This is extremely exciting for us and our
shareholders."
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 with their 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.
www.ggsmining.com
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