Gold and Gemstone Mining Inc. Signs Joint Venture Agreement With Tell Mining Ltd.
March 04 2013 - 8:45AM
Marketwired
Gold and Gemstone Mining Inc. (OTCQB: GGSM), an alluvial gold and
diamond exploration and development stage mining company focused on
Sierra Leone, West Africa, has signed a Joint Venture with Tell
Mining Ltd and thereby is further expanding its business into West
Africa.
Charmaine King, GGSM's CEO, today commented, "I'm delighted to
announce that a Joint Venture agreement has been signed with Tell
Mining Ltd. With this agreement GGSM will be able to expand its
activities in Africa and to be present on the ground in Ghana will
enable GGSM to get access to open alluvial gold concessions and we
believe that both parties will see new revenue streams in a near
future."
About Tell Mining Ltd.
Tell Mining Ltd. is a junior early stage mineral discovery
company, which focuses on West Africa and Ghana in particular. The
company was incorporated in 2008. Since then, Tell Mining Ltd. has
been active with several cooperation partners -- both with African
and international companies. The company is on-going and has
several mining concession rights in Ghana.
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 our plan is to
form strategic alliances and joint ventures with gold and diamond
mining companies.
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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact Information: www.ggsmining.com Investor Relations
Morningstar Corporate Communications USA toll free 1 (888) 551-4115
or NY Local 1 (646) 405-4805 ggsm@mscorpcommunications.com
Gold and GemStone Mining (PK) (USOTC:GGSM)
Historical Stock Chart
From Apr 2024 to May 2024
Gold and GemStone Mining (PK) (USOTC:GGSM)
Historical Stock Chart
From May 2023 to May 2024