Gold & Silver Mining of Nevada, Inc. (PINK SHEETS: CJTF), a junior mining company in Nevada, announces 2 year recap of significant events.
(1888PressRelease) August 07, 2014 - Las Vegas, NV - Gold & Silver Mining of Nevada, Inc. (PINK SHEETS: CJTF), a junior mining company in Nevada, announces 2 year recap of significant events.
1. Two weeks ago collected 40 fifty pound sample pails of material from our newest claims in Nevada. The samples are now being put through a full evaluation by an expert who is also a producing mine owner.
2. In spring of 2014 collected 1 ton of new ore from new claims and had it tested. The sample produced approximately 11 grams or 1/3 ounce of gold worth approximately $400. This was the first revenue generated by the company.
3. In spring of 2014 closed a contract to acquire several assets for stock, including a $25 million note payable which is required to be paid by February 2015 and slated to begin payments this fall.
4. In 2014 arranged to have a mint who produces silver coins review our stockpiled and the following occurred:
a. They issued a letter stating they will purchase all the silver we can produce form said stockpiled ore and adjoining claims where the stockpiled ore came from.
b. The mint did their own independent test of samples of the stockpiled ore and confirmed that it contained 7.2 ounces of silver per ton.
c. This analysis also matches certifications by a qualified individual which was issued regarding the stockpiled ore in 2009.
5. In 2013 the company was able to finish its first audit going from 2012 back to 2006 and post it to the OTC Markets site for stock symbol CJTF.
a. This audited allowed the company to begin trading on the Pink Sheets Current listing of the OTC.
6. In 2013 the company received its second permit for the BLM for its Reveille claims to conduct 33 trench excavations to determine additional The permit is being revised to reposition some of the proposed trenches and put the company in a better position to resume drilling.
7. In 2013 results of the first drill program at Reveille Asset #26 which drilled 5,000 feet total was issued. The Geologist report from the drill program confirmed the geological information obtained from previous historical data and added to the knowledge base to prepare for additional drilling.
8. 2006 to 2012 acquired new claims in each of 4 locations of which 3 of the claim areas are still identified in the company records as assets.
9. Had a dore bar from previous historical mining work at the stockpiled ore assayed in Toronto. The assay results showed that the 10 ounce dore bar contained 1/3 oz of gold and balance was silver.
10. All of the above confirming items were done over a two year span without an IPO or public funding. So today the company has 3 substantial mining claim locations in Nevada. We are continuing to evaluate and prepare for production and sharing of significant news events in the future. The goal of the company is first to build the mining business and go into production as soon as possible. As the mining business grows, the company and the shareholders will all benefit.
Visit to our web site at 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
Gold & Silver Mining of Nevada, Inc. (PINK SHEETS: CJTF), a junior mining company in Nevada, announces 2 year recap of significant events. 
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