Graystone Company July Production Update
July 22 2014 - 12:33PM
Business Wire
The Graystone Company (OTC: GYST) announced today that the
Company’s mining operations have generated approximately
546 grams of gold so far for the month of July 2014. This
update covers the time period of July 1, 2014 through July 19,
2014.
The Company’s copper project, campaign #2 went into production
on July 7 2014. The company estimates it has produced approximately
27 tons of copper ore, which is currently stored on site.
The company has also identified for purchase 25 tons of
high-grade ore from a local mine. After testing the samples at its
Nazca lab, the company will negotiate the final discounted price
for the ore. “The outsourcing of additional ore will help us more
quickly satisfy our 200-ton quota at the processing plant,” states
the company. The outsourced ore will be shipped directly to the
processing plant. The company estimates campaign #2 will conclude
15-30 days faster than the 90 plus days it took to complete
campaign #1.
About The Graystone Company.
The Graystone Company, Inc. is a U.S.-based mining and exploration
company focused on acquiring and developing gold and other mineral
properties. The Company's strategy is to build value for
shareholders by the identification, acquisition and exploration of
early-stage properties that show significant potential for the
discovery of gold.
Notice Regarding Forward-Looking
Statements in this press release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on Form 10-K for the most recent fiscal year, our quarterly
reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
Contacts:The Graystone Company, Inc.(702)
289-4827info@graystonegold.comwww.graystone1.com
The Graystone Company, Inc.Paul Howarth,
702-289-4827info@graystonegold.comwww.graystone1.com
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