Gold & Silver Mining of Nevada, Inc. (PINK SHEETS: CJTF), a junior mining company in Nevada, announces review of $27.95 million worth of stockpiled ore.
(1888PressRelease) October 09, 2014 - Las Vegas, NV - The chart below shows the recap stockpiled ore stored on the company placer claims RSM1, RSM2, RSM3, AP1, AP2 and AP3. The ore was originally mined and moved to the stockpile locations in preparation for heap leach processing.
The ore has been certified as to tonnage and grade by a qualified individual. In addition, the company has sent off dore bar extractions from the ore to Toronto for assay verification of the content of gold and silver, the assay verified the content shown below. Then the company also had additional ore samples analyzed by ARM Industries a private mint who upon verifying the silver content has issued a letter of intent to purchase all of the silver produced from the ore.
Chart did not copy into press release format
Chart shows 190,000 tons total stockpiled ore.
Chart shows 4,450 certified ounces of gold
Chart shows 1,330,000 certified ounces of silver
total value of Stockpiled Ore @ $1,200/oz gold and $17/oz silver is $27,950,000
The rocks in the stockpiled do not deteriorate as to quality and in fact continue to oxidize making them easier to process into silver and gold. The value of the stockpiled ore translates to about 8 cents per share.
There are approximately 340 million shares outstanding and 240 million are restricted.
Visit the 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. Certain information set forth in this press release contains "forward-looking statements" and "forward-looking information" under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements which include management's assessment of plans and operations and are based on the company's current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "expects" "anticipates", "believes", "projects", "plans", and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
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 review of $27.95 million worth of stockpiled ore. 
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