Gold and Silver Mining of Nevada Projects Reveille Claims at Over $3 Billion

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LAS VEGAS--(BUSINESS WIRE)--

Gold and Silver Mining of Nevada, Inc. (OTC PINK: CJTF), a junior mining company in Nevada, announces the following review of Reveille Mining Claims aka Asset #26.

  • 20 claims out of 54 have been measured and estimated as to tonnage and grade.
  • Our drilling and assays plus the review of historical data and certifications by qualified individuals estimate in-ground and stockpiled ore to be 64,900 ounces of gold and 180,748,500 ounces of silver. The estimated total of this Reveille Asset #26 claims including in-ground and stockpiled ore is over $3.15 billion, owned on a 50/50 basis by CJT Mining, Inc. (wholly owned subsidiary) and co-owner.

An analysis chart at http://www.otcmarkets.com/stock/CJTF/quote summarizes the numbers used in estimating the value. The company and 50/50 co-owner have 54 20-acre claims covering 1080 acres. These claims are bordered by two substantial mining companies with historic drilling and assay information which is equal to and/or greater than the numbers shown in the chart.

The chart represents estimates of mineralization of the top 50 to 100 feet. The company has drilled to 600 feet depth and confirmed mineralization throughout the 600 feet of drilling. The mineralization to depth has also been confirmed by an aerial study conducted in this area in 2011 which estimates mineralization goes down 1,500 feet. 600 feet of confirmed mineralization depth could increase the projected values by 6 times up to $18 billion.

For additional information and the chart see http://www.otcmarkets.com/stock/CJTF/news or go to the company website www.goldandsilvermining.com.

This news release may contain forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

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Gold and Silver Mining of Nevada, Inc.
Investor Relations
N. Fred Anderson, 801-679-3945

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