The Graystone Company, Inc. (GYST)

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The geological model for the Maranón basin consists of an extensive braided fluvial system occupying the axis of a shallow east-plunging syncline thus creating a yoked basin which is the most favorable structural setting for sediment reworking. This massive river complex has migrated northward through geological time, creating numerous abandoned meander systems and braided stream capture situations providing tremendous volumes of reworked gold-bearing sediments. The prevailing gold morphology allows gold to migrated considerably further in this fluvial environment than in classical alluvial systems. Consequently, gold can be found in the sediments of the Rio Maranón for over 130 kilometers below the Manseriche Gorge, explaining the metal’s widespread distribution throughout the basin where the Company’s properties are located.