Gold and Silver Mining of Nevada, Inc. (Stock Symbol CJTF) announces that it?s subsidiary CJT Mining, Inc. has engaged the services of Apache Mining Services LLC to test ores from several of the Company?s mineral properties. Apache Mining Services LLC specializes in custom milling and testing of free milling gold ores. Apache Mining Services LLC also operates a year round open pit mine in Arizona. The testing does not meet NI43-101 standards nor was it intended to as testing was done solely to ascertain the potential to start processing company ores at Apaches Mining?s mill located in Arizona in order to commence cash flow.
The Company has sent its first bulk sample to Apache Mining from
the Gold Reef property located at Lucerne Valley, California. The bulk sample consisted of a one ton sample
that was run through Apache?s gravity mill to test the free milling aspect of
the gold and to see what mill adaption changes are needed for future ore
processing. Apache mining recovered 10.5 grams of gold dory from the one ton
sample. The gold recovery is believed to be a fraction of the true content of
the ore as the concentrate tailings and mine tails still had significant gold
left in the tailings. Apache mining has initiated a full work up on the ore in
order to initiate changes in its mill to recover the very fine gold content of
the ores that make up the majority of the gold content. Apache believes it can
capture approximately 75-90% of the gold in the ore once mill adaption is
completed. Assays are pending of the head ore and mine tails as part of the ore
work up.
The Company is pleased to have Apache Mining Services LLC to
be working with us to prove up our mineral properties with the potential to
quickly get a cash flow on stream. Apache Mining Services LLC is a proven and active mining company that we
believe can greatly assist us in our growth moving forward.
About the Company - The company is now fully vested
with many years of production ready assets in several states. The first properties are projected to
generate cash flow in 2014 with all of the properties expecting significant
cash flow by 2016.
Visit to our web site at www.goldandsilvermining.com
and OTC Markets (CJTF) news and note the other news releases about production
for 2014 as well (http://www.otcmarkets.com/stock/CJTF/quote
).
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