Graystone Resumes Bulk Sampling Operations at their Suriname 3 Gold Claim
(LAS VEGAS)—Jan. 23, 2015--The Graystone Company, Inc. (OTC: GYST), an operational gold mining and exploration company, announced it has resumed gold bulk sampling operations at its Suriname 3 claim during the first week of January, 2015. The company gives site employees 3-4 weeks holiday leave December – January every year so camp employees can spend time with their families. Many of the Suriname camp workers are mining professionals from Brazil and need the extended break to return to their home country.
In early December, the Company announced mining operations had generated around 761 grams of Gold for the month of November 2014. Albeit small, GYST is now what you could consider an operating and producing miner, and not one still in the process of seeking capital to just develop their company owned and leased claims.
The company also announced today a copper update will be released within the next two weeks.
Share Structure
As of Jan. 21, 2015, the Company had approximately 42,391,521 common shares issued and outstanding.
The Graystone Company, Inc. is a U.S.-based operational mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold. www.graystone1.com
Notice Regarding Forward-Looking Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report for the most recent fiscal year, our quarterly reports and other periodic reports filed from time-to-time with the Securities and Exchange Commission and or otcmarkets.com This press release may also contain or refer to forward-looking information under SEC securities legislation and may include statements regarding the estimation of mineral resources, exploration results, potential mineralization, and exploration and mine development plans, and is based on current expectations that involve a number of business risks and uncertainties. Forward- looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. These forward-looking statements are made as of the date hereof and the Company assumes no to update them or revise them to reflect new events or circumstances other than as required by law.
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