Gold Mining USA Inc Announces Preliminary Assessment on Mt Tymn Mine Acquisition

LITHIA, FL / ACCESSWIRE / April 8, 2016 / Gold Mining USA Inc. GMUI - The company is pleased to announce that it has entered into an exclusive agreement to acquire Mt Tymn in Northern Australia. The minimum gold resource found by the GMUI Geo team so far in the Mt Tymn acquisition is conservatively estimated at 227,000 ounces with even larger potential upon further drilling and assessment.

Mt. Tymn is located approximately 125kms southwest of Darwin, 1km east of the Stuart Highway and 18 kms south of the Adelaide River. Australia provides many opportunities to exploit smaller, undeveloped or previously mined gold resources that are of no interest to the large mining companies.

In addition, there are numerous small hard rock and alluvial gold mines which have viable gold resources. These present excellent acquisition or Joint Venture opportunities.

Tailings from previous gold mining operations can be reprocessed to extract the remaining gold with yields as high as 4grams per ton.

Maurice Byrne President of GMUI states, "Our engineers and geologists has been reviewing materials on the Mt Tymn thoroughly for several weeks now, and in their findings we have a good reason to believe this to be an extremely valuable acquisition."

The acquisition provides key benefits to GMUI including:

- GMUI's recently appointed advisors, mining and geo consultants have the experience and credentials to bring this project to its highest potential

- Permitting is in place including water and environmental impact studies

- Further exploration drilling for other potential underground resources

- Meets GMUI's criteria of establishing an exploration and development project portfolio within a mineral rich area with an impressive production history

- The partnership with existing mine owners and their mining team

For more information on this and other company developments please visit www.gmuiinc.com

Forward Looking Statements This news release contains forward-looking statements made by Gold Mining USA, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. It is always best to seek advice from a licensed financial advisor before making any investment.

For further information:

Princeton Research, Inc
Michael King
702 650 3000

Company:

Gold Mining USA Inc.
info@gmuiinc.com
813 379 8000

SOURCE: Gold Mining USA Inc.