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Gold and GemStone Mining Inc. (OTCQB:GGSM,OTCBB:GGSM) announced it will channel initial resources towards its Project Nimikoro in the Kono District of Sierra Leone, West Africa.
Gold and GemStone Mining Inc. (OTCQB:GGSM,OTCBB:GGSM) announced it will channel initial resources towards its Project Nimikoro in the Kono District of Sierra Leone, West Africa.
As quoted in the press release:
The Company has been undertaking extensive analysis of the existing claims and is committed to further geological studies before the planned commencement of operations in Q3 2012.
Project Nimikoro comprises a total of 125 acres of prime alluvial mining territory with historical geological data reporting the incidence of diamonds is between 50 to 75 Carats per hundred tonnes (Cpht) with Gold also present at levels between 50 to 85 Grams per hundred tonnes (Gpht).
Click here to read the Gold and GemStone Mining Inc. (OTCQB:GGSM) press release. Â
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