Link: http://www.otcmarkets.com/stock/CJTF/company-info Ticker: $CJTF OTC Market Place: OTC Pink Current CIK code: 0001255379 Company name: Gold & Silver Mining of Nevada, Inc. Company website: http://www.goldandsilvermining.com Incorporated In: NV, USA
Business Description: The company is focused on developing and bringing into production mining properties in Nevada that are ready to come into production in the near future. New properties in Nevada are ready for near term production. Announcements concerning new production from these new properties will be made during the coming year. For more information, please visit the company web site at www.GoldandSilverMining.com or call Investor Relations at 801-679-3945. The first property where the most work has been done in assessment, maintenance and development is at Asset #26 (Reveille) where the company has doubled its land position in preparation for additional trenching and drilling activities. Our geologist describes the Reveille district as near the Oro-Nevada rift and at the nexus of several calderas. The mineralization here is similar to other metal deposits found along this regional lineament that are in production such as Round Mountain and Manhattan. These are multi-million ounce, gold and silver deposits. Condor Consultings August 2011 Magnetic Report of the Reveille mining district where the companys claims are located in the middle of the study determined that sulfide mineralization is present from near surface to a depth of approximately 1500 feet. The depth to carbonate host rocks is much less along the western corridor where the company is conducting drilling and trenching activities. In recently concluded early drilling our geologist reports a thick sequence of limestone and dolomite where silver and gold were mined from carbonate replacement deposits at their contacts. Gold and Silver were encountered in all of the drill holes which were completed. This drilling represents the deepest drilling to date in this district with the deepest hole being 600 feet. All of the companys objectives were met with this first drilling program and this set in motion the trenching plan to pinpoint the locations for the next round of drilling to finalize the open pit location and submit the paperwork for the operation permit to begin mining and processing in 2014-15. A future area of focus for the company is at Goldfield Basin where the company has conducted sampling and assay analysis work and and made gold from the samples gathered. The company also has $27 million worth of stockpiled ore near its Reveille and Eureka properties which are to be processed and expect to generate about $6 million net over the next couple years. . Safe Harbor Statement under the Private Securities Litigation ReformAct of 1995This company information may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.Less >>
$CJTF share structure
## source: otcmarkets.com
Market Value: $277,523 a/o Jan 08, 2016 Shares Outstanding: 1,387,613,791 a/o Sep 30, 2015 Float: 387,377,507 a/o Nov 10, 2015 Authorized Shares: 2,000,000,000 a/o Nov 10, 2015 Par Value: 0.001 $CJTF extra dd links
Company name: Gold & Silver Mining of Nevada, Inc. Company website: http://www.goldandsilvermining.com