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Written by / Agency / Source: Gold and Silver Mining of Nevada, Inc.

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Gold And Silver Mining of Nevada - Agreements Reached on the Acquisition of Gold - Gold and Silver Mining of Nevada - Agreement with Bonanza Mines, Inc. owned by 34 year mining veteran. Acquisition of properties near Baker, CA wherein 100% of ownership of the property will be acquired for 20 million - GoldAndSilverMining.com
Gold And Silver Mining of Nevada - Agreements Reached on the Acquisition of Gold

 

NewswireToday - /newswire/ - West Jordan, UT, United States, 2014/01/31 - Gold and Silver Mining of Nevada - Agreement with Bonanza Mines, Inc. owned by 34 year mining veteran. Acquisition of properties near Baker, CA wherein 100% of ownership of the property will be acquired for 20 million - GoldAndSilverMining.com. PINK SHEETS: CJTF

   
 
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Gold and Silver Mining of Nevada, Inc. - a junior mining company in Nevada has reached agreement with Bonanza Mines, Inc. a Colorado company owned by a 34 year hard rock mining veteren on the acquisition of a series of properties near Baker, CA wherein 100% of ownership of the property will be acquired for 20 million shares to be paid as follows:

• Approximately 6.66 million shares with formal contract signing.
• Approximately 6.66 million shares to be issued when the company and its’ 47.5% life time net revenue position on the new properties has earned $11 million from new producction from said total assets being acquired.
• The balance or last 6.68 million will be released when the company has received a total of $61 million (its’ 47.5% net revenue position) earned from all assets being acquired from this company.

This world class property will contain approximately 2,000 acres of claims. Initial permits are expected this year for further evaluation, and production requirements.

Bonanza Mines, Inc. will remain as co-operator with Cjt Mining, Inc. a wholly owned subsidiary of Gold and Silver Mining of Nevada, Inc. Cjt mining, Inc. will be the asset owner for duration of mine life. Net revenues will be retained by Bonanza and and Cjt Mining, Inc. on a 47.5% to each side after costs.

Visit to our website at and otc Markets cjtf news and note the other news releases about production for 2014 as well.

About Gold and Silver Mining of Nevada, Inc.

The company (goldandsilvermining.com) is rapidly becoming a significant junior mine company with near term production ore deposits from several locations in Nevada, Arizona and California and is commencing to close on all new targets and sign up production contracts on each of them.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 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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Written by / Agency / Source: Gold and Silver Mining of Nevada, Inc.

 
 

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Gold And Silver Mining of Nevada - Agreements Reached on the Acquisition of Gold

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Publisher Contact: Fred Anderson - GoldAndSilverMining.com 
801-679-3945 fred[.]goldandsilvermining.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Gold and Silver Mining of Nevada, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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