Gold and GemStone Mining Inc. (OTCQB:GGSM) Announces Planned Mining Operations

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After the markets closed on June 5th, Gold and GemStone Mining Inc. (OTCQB:GGSM) announced that it, based on testing and analysis of its existing claims, will begin directing resources towards actually beginning mining operations at one property.

Gold and GemStone Mining’s business is “the acquisition, exploration, and development of Diamond and Gold properties.” It currently has a joint venture agreement with a Sierra Leonean company to explore three promising diamond and gold properties in a mineral rich part of Sierra Leone.

We’ve previously written about GGSM in our initial alert and update.

The company plans to conduct further geological studies before commencement of mining operations planned for the third quarter of this year.