Mar 6 2013
Gold and Gemstone Mining Inc., an alluvial gold and diamond exploration and development stage mining company focused on Sierra Leone, West Africa, now has identified the first gold concessions as a direct result from the Joint Venture Agreement with Tell Mining Ltd.
Charmaine King, GGSM's CEO, today commented, "Tell Mining Ltd has signed a contract which entitles Tell Mining Ltd. to conduct small scale mining activities on a site in the Atiwa district Eastern region of the Republic of Ghana. The Ministry of energy and minerals has allocated eight x 25 acre blocks to Tell Mining Ltd. This will allow the company to operate alluvial and diamond mining on the blocks."
She furthermore states, "With this new JV agreement we have signed with Tell Mining Ltd., we will be looking forward to working together on this new gold and diamond mining opportunity. The coming week we will be conducting due diligence on the geological reports but so far it seems very promising."
Source: http://www.ggsmining.com/