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GOLD MINING USA INC. (OTC Pk: GMUI) Signs Contract to Purchase 100% Interest in 50 Acre Lode Mining Leases


News provided by

Gold Mining USA Inc.

May 29, 2013, 01:30 ET

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CURRUMBIN WATERS, Australia, May 29, 2013 /PRNewswire/ -- Gold Mining USA Inc. (OTC PINK: GMUI) is proud to announce that the company has entered into a contract for the Purchase of the Preacher Mining Project Estate Leases. Preacher is an exploration – stage, Gold/Silver Mineral project located in Churchill and Nye Counties Nevada.

The Preacher project is located in the south eastern portion of Churchill and the North western portion of Nye Countries in western Nevada.  The project consists of ten, 99 year lode mining leases, approximately 50 acres. All claims are located on U.S. Indian trust land and managed by Indian Affairs of the U.S. Department of the Interior (DOI).

No permits or bonds are required by State or Federal surface management agencies for further exploration and mining on these Indian trust leases.  There are no known unusual social, political, or environmental issues related to the property at this time that would adversely affect exploration, development, or production at the prospect.

A Geological report on the Preacher Project has recently been prepared; the report summarizes geology and precious metals mineralization at the Preacher project and conforms to Canadian National Instrument 43-101 and Form 43-101F1.

An Extract from the report states; Preacher is a volcanic-hosted, low-sulfidation gold/silver system. It has geologic characteristics similar to several highly profitable, multi-million-ounce, high-grade gold/silver deposits throughout the world.

Current Shares Outstanding - 12,105,356
Public Float – 339,676

About Gold Mining USA Inc.:
Gold Mining USA, Inc. (a Florida Corporation) is an independent Gold Mining company.  We are focused on the acquisition and development of mining properties which have the potential to produce Gold, Silver and other base mineral resources. www.goldminingusainc.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.

CONTACT:
Investor Relations
Brian Jenkins 
(778) 708 -0898
www.goldminingusainc.com 

SOURCE Gold Mining USA Inc.

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