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MovingPennie5

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Re: aliceinpennyland post# 131

Tuesday, 09/14/2010 1:36:11 AM

Tuesday, September 14, 2010 1:36:11 AM

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Gold American has completed the initial evaluation of all historical data on the La Escondida property and has decided to move forwards with its first phase of exploration. This phase will consist of detailed sampling within the mineralized zones, mapping, and a structural evaluation of the area. Subject to the results of this phase, the Company will decide to proceed with the second phase, which would consist of a comprehensive geophysics program of the property.
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