Badge

Surface Gold Shocks Site Visitors

Top Quote Independent mining group visits Goldfield Basin, skepticism turns to pleasant surprise at visible gold. End Quote
  • (1888PressRelease) November 05, 2015 - Las Vegas, Nevada - Gold and Silver Mining of Nevada, Inc. ("CJTF") ("the Company")(PINK SHEETS:CJTF) a junior mining company in Nevada, were the recent hosts to an independent mining group at its' 100% owned Goldfield Basin property.

    On Wednesday, October 30th, 2015, an assembly of mining professionals gathered and met with the CJTF claim owners and were led to the Company's Goldfield Basin mining claim.

    "They were initially skeptical," recalls N. Fred Anderson, President of CJTF, who was on-hand for the visit, "We have made some significant claims as to the quality of this property, specifically to the amount of surface gold which is visible to either a simple magnifying glass or even to the naked eye. "

    The band of professionals got down to the business of examining the soil and quickly returned with positive results.

    "Well, we weren't surprised. I mean the claim owners," says Anderson. "We've been seeing this exact same result for some time now. But the group were taken aback. What initially began as skepticism turned to pleasant surprise, then became shock at how easy it was to produce gold right at the surface."

    The group did their own sampling and assay work from which they reported finding gold in all of their near surface samples. The amount of gold ranged from 0.42 to 3.00 ounces of gold per ton equivalent.

    The gathering of the samples was done solely under the direction and work of the visiting group. They picked the locations and dug up their own samples at random spots across the claim.

    The Goldfield Basin property was recently granted a Notice of Intent Permit to extract up to 1,000 tons of samples for analysis and study.

    Additional discussions are expected to proceed from this initial visit and will be reported on in the coming weeks.

    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 central 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 www.GoldandSilverMining.com

    ###
space
space
  • FB Icon Twitter Icon In-Icon
Contact Information