GMUI Management travel to USA
July 17 2013 - 12:05PM
OTC Markets
July 17,
2013
Sacramento, CA
Gold Mining USA Inc. (Symbol ? GMUI) Announce
that beginning the week of July 15th Company President Alan Muller
and VP Operations Brian Jenkins are en route to the visit the
companies Preacher Mining Project. Alan has travelled all the way
from Australia in what is to be a big step forward for the
company?s future. The purpose of the trip is to implement a work
program for the Preacher property that has been in development over
the past several weeks. Management whilst in the USA will also be
meeting with several Market Makers and potential project
funders.
A detailed ground magnetic survey was conducted on the property
back in March 2012. A northwest trending graben may be present.
Widespread precious-metal mineralization has been intersected in
drill holes throughout the postulated graben, including
mineralization in both the Preacher Mine.
The Preacher project is a low-sulfidation gold/silver system,
largely untested below approximately 300-foot depth. The Company?s
initial shallow drilling program confirmed the existence of
attractive gold grades at the Chugiak target and low-grade gold
grades near the historic Preacher mine.
The company believes a second program of deeper drilling is
justified at both areas previously tested and at several other
areas identified by compiling geologic, geochemical, geophysical,
and historic drill data.
Several forms of evidence indicate that the amount of erosion into
this mineral system is minimal; therefore, there is good potential
to encounter deeper, high-grade gold/silver mineralization at
several targets. Presently known erratic high-grade gold and silver
mineralization may be "leakage" from more extensively distributed
mineralization at depth.
The magnetic survey reveals several linear lows that
appear
to be northwesterly and northerly trending faults, which appear to
be associated with gold mineralization. The intersections of these
faults are especially attractive targets, where bonanza grades may
exist. Access is good and topography is favorable for inexpensively
drill testing these targets. Should an economic discovery be made,
improvements to necessary infrastructure (power, water, access,
housing, etc.) should be reasonably inexpensive.
About Gold Mining USA Inc.:
Gold Mining USA, Inc. (A Florida Corporation) is an independent
Debt Free Gold Mining company. We are focused on the
acquisition and development of mining properties which have the
potential to produce Gold, Silver and other base mineral
resources.
www.goldminingusainc.com Investor
Relations ? Brian Jenkins ? 778 708 0898
Forward Looking Statements: The forward-looking
statements made by Gold Mining USA, INC. in reliance upon the safe
harbor provisions of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All such
statements included in this press release, other than statements of
historical fact, are forward-looking statements. Although
Management believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. Actual
results may differ materially from those indicated by these
statements. The following risk factors, among others, could cause
actual results to differ materially from those described in any
forward-looking statements. These risks and uncertainties include,
but are not limited to, economic conditions, changes in the law or
regulations, demand for products and services of the company, the
effects of competition and other factors that could cause actual
results to differ materially from those projected or represented in
the forward looking statements. Forward-looking statements are
typically identified by the words: believe, expect, anticipate,
intend, estimate, and similar expressions or which by their nature
refer to future events.
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