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Gold And Silver Mining Of Nevada, Inc., Announces Review Of Silver And Gold In Stockpiled Ore

Sunday, August 3, 2014 23:41
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(Before It's News)

1888 PressRelease – Silver and Gold has been veirfied in stockpiled ore that was also certified by a qualified individual in 2009. There are 190,000 tons of stockpiled ore containing 7 ounces of silver per ton and from 0.02 to 0.03 ounces of gold per ton.

 

Las Vegas, NV – Gold & Silver Mining of Nevada, Inc. (PINK SHEETS: CJTF), a junior mining company in Nevada, announces review of silver and gold in stockpiled ore.

 

Silver has been verified in stockpiled ore that was also certified by a qualified individual in July of 2009. The certifications stated that the one stockpile containing 65,000 tons of ore contained an average of 7 ounces of silver and 0.03 ounces of gold. The other stockpile containing 125,000 tons contained an average of 7 ounces of silver and 0.03 ounces of gold. This translates to approximately 1,330,000 ounces of silver and 4,450 ounces of gold. It is easy to estimate the value of stockpiled ore using current market prices.

 

These numbers were verified recently by the mint that would like to buy all of the silver the company can produce and from an additional assay by another party of a dore bar produced from the stockpiled ore. The assay of a 10 ounce dore bar confirmed 1/3 oz of gold in the bar and the rest of the 10 ounces were silver.

 

Visit to our web site at http://www.goldandsilvermining.com and OTC Markets (CJTF) news and note the other news releases about production for 2014 as well (http://www.otcmarkets.com/stock/CJTF/quote).

 

About Gold and Silver Mining of Nevada, Inc.

We are a Gold and Silver Mining company focused on developing and bringing into production mining properties in Nevada, Arizona and California that are ready to come into production in the near future.

 

For more information, please visit our web site and/or call N. Fred Anderson at: 801-679-3945.

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. This news release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

 

Contact:

Gold and Silver Mining of Nevada, Inc.

Investor Relations:

N. Fred Anderson 801-679-3945

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  • So what are the transportation and processing costs? I can tell you but that is not my job. You aren’t paying me and would not like my numbers anyway. This material is just as worthless now as it was when it was originally dumped on the ground. If you find investors stupid enough to give you money for this project well W.C. Fields was right.

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