The Graystone Company, Inc. Peru, South America California - Mail Only
620 Regatta Drive Suite 102 Camino Real 348 Torre El Pil 412 Olive Ave Suite 212
Las Vegas, NV. 89128 San Isidro, Lima - Peru Huntington Beach, CA 92648
Graystone Company Announces Equipment Shipped to Suriname Lima, Peru, Jan 29, 2013 (GLOBE NEWSWIRE via COMTEX) -- The Graystone Company (OTCQB: GYST) announced today that the joint ventures has acquired approximately $200,000 in equipment. The equipment is in en route to Houston to be shipped down to Suriname. In the past 3 weeks, the Company has acquired the necessary items to start building the infrastructure to allow production to begin.
The equipment acquired includes the following: -- Diesel 3 phase generator -- 6 inch water pumps -- Hoses, clamps, couplers ad other necessary parts -- Shaker tables -- Generators -- 4-wheel drive truck-- 2 All-terrain vehicles -- 40 foot container -- Small hand tools -- Electrical supplies -- Food prep and storage -- And other necessary supplies
The Suriname Project
The project, referred to Suriname #1, is approximately 3-4 hours from the closest major city. The project already has equipment on site and expects to begin production in the next 4-10 weeks. The Company expects that the project will produce 200-400 grams per day or 4,000 - 6,000 grams per month or $200,000 to $300,000 per month per Pod.
The Company expects to expand the operations on Suriname #1 by adding a Pod each quarter. Each Pod is expected to cost about $250,000 in equipment and is expected to produce 200-400 grams per day or 4,000 - 6,000 grams per month or $200,000 to $300,000 per month. The Company's goal is to have 4 Pods within 18 months being able to produce 16,000 - 24,000 grams per month or approximately $1,000,000 in revenue each month.
Welcome to The Graystone Company (GYST),
A mining corporation dedicated to building and maintaining continuous, sustainable economic growth while providing meaningful employment to the community we're a part of. We strive to increase shareholder value through our diverse business model to generate equitable results for all shareholders.
What We Do
Our Natural Resources Division (Graystone Mining) locates and extracts mineral deposits for refining through the acquirement of properties where proven or probable mineral ore reserves have already been discovered.
Where We Work
Our Natural Resources Division operates in Peru, a wildly diverse country rich in natural resources. We are diligent in employing environmental conservation strategies that help protect the ecosystem and physical landscape.
"One of our company's goals is to have a positive environmental impact on the local communities that are touched by The Graystone Company. We want that impact to include conservation and protection of natural resources. We are looking to find environmentally friendly ways for our company to conduct operations in the area."- Graystone CEO Paul Howarth
How We Do It
We employ a variety of mining methods in order to maximize our search for gold and other precious metals. Our methods include:
|• Placer mining ||• Trommel Mining |
|• Sluice Box Mining ||• Deposits, including Residual, Alluvial, and Bench deposits |
The Social Dynamic
The Graystone Company is the single largest private employer in our area. We currently employ 8 local villagers, and at the time of our bulk testing, we employed as many as 25 local villagers. We firmly believe in establishing our company as a fixture within the community, providing jobs and a sense of local pride within the surrounding populace. Graystone Mining has also happily donated school supplies to the local village of Borja.
No proven (measured) or probable (indicated) reserves have been established with respect to the Gorilla project or any other project. Any references to estimated, potential and/or "inferred" reserves or resources, and any estimated values of such reserves, contained in the geological report, or set forth in any other communication (i) do not represent proven (measured) or probable (indicated) reserves within the meaning of Item 102 of Regulation S-K and the Commission'sSecurities Act Industry Guide 7, and (ii) should not be relied upon by any person in evaluating the Company's prospects at the Gorilla project.
|Paul Howarth ||CEO |
|Joseph Mazey ||CFO |
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As of January 2013 according to the S1 filing, the current outstanding share count is 381,221,678