GOLD MINING USA INC. (OTC Pk: GMUI) Proudly Announces 100% Ownership of Nevada Mining Project.
Sacramento, CA (eTeligis via ACCESSWIRE) 7/9/2013 12:30:00 PM - Gold Mining USA Inc. (OTC PINK: GMUI) announced on May 29, 2013 that the company had entered into a contract for the Purchase of the Preacher Mining Project Estate Leases. Preacher is a Gold/Silver Mineral project located in Churchill and Nye Counties Nevada.
GMUI is very proud to announce that we have secured 100% ownership of the Preacher Mineral Leases and phase 1 of production is ready to begin.
Company Vice President Mr. Brian Jenkins states "We are extremely pleased with the latest acquisition and it can be confirmed that we will aim to begin production on the Preacher Project this month. Our initial report findings show promising existence of minerals which are to be disclosed during our first phase of extraction".
The project consists of 10, 99 year lode mining leases, approximately 50 acres.
A Geological report on the Preacher Project has recently been prepared; the report summarizes geology and precious metals mineralization at the Preacher project and conforms to Canadian National Instrument 43-101 and Form 43-101F1.
An Extract from the report states; Preacher is a volcanic-hosted, low-sulfidation gold/silver system. It has geologic characteristics similar to several highly profitable, multi-million-ounce, high-grade gold/silver deposits throughout the world.
Current Shares Outstanding - 12,105,356
Public Float 339,676
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 This news release contains 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.
CONTACT:
Gold Mining USA Inc.
www.goldminingusainc.com
Investor Relations
Brian Jenkins
778 708 0898
