31 Million Shares Outstanding New Mine Production Provides Excellent Value for Shareholders

Top Quote Company reduced the number of shares and has launched new production and processing of gold at Goldfield Basin project. See OTC Markets site stock symbol CJTF for other press releases including pictures. End Quote
  • (1888PressRelease) March 31, 2016 - Gold and Silver Mining of Nevada, Inc. ("CJTF") ("the Company"), (PINK SHEETS:CJTF) a junior mining company in Nevada, has reduced the number of shares issued and outstanding through a reverse split and there are currently 31+ million shares issued and outstanding.

    At the same time the company has begun production of gold at its Goldfield Basin property and has started running ore through an already permitted mill in Nevada.

    Additional information regarding these two mining and processing events are covered in earlier press releases this month.

    Long term, the full capacity of the existing mill processing 150,000 tons of ore per year;
    it is estimated after the other owners, the company's share of the net is estimated to be $5 to $6 million per year.

    We believe that the value to shareholders based on what we believe and know about our mining and processing operations is substantial and the return to owners will be very rewarding.

    About Gold & Silver Mining of Nevada, Inc.:
    The company is in the business of precious metals mining and processing of massive gold and silver ore bodies in Nevada. The gold and silver located in the company owned mining claims in these districts are located adjacent to other known and established mining operators. The company is not looking for ore, but is in the process of developing previously identified ore bodies.

    Safe Harbor Statement
    This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

    For more information please contact:
    Investor Relations at 801-679-3945
    Visit the company web site at GoldandSilverMining.com

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