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Re: Bseag post# 60822

Wednesday, 03/28/2012 8:34:01 AM

Wednesday, March 28, 2012 8:34:01 AM

Post# of 163067
This is one of the few pinks that you want to buy and hold. There is so much in the works with this company! They are deep into phase I of the mining operation, and phase II will soon follow. Patience will pay off big time with GDSM! JMHO

Michael Chaffee, president of Western Sierra, commented - "This is the significant step in transferring the claim map coordinates to actual locations on the ground. While we have good information as to the general locations, we needed to stake all the corners within a few feet and establish the corresponding GPS location points. This information along with mapping specific sample sites which is anticipated to be completed in April will be a major foundation in filing for the initial permits to begin the testing process with both the BLM and the State of Arizona."

The joint venture is moving forward as scheduled. Gold Coast will be issuing frequent updates over the next several weeks as its mining efforts progress.