GreyStone (GYST) Record July Production is Truly Golden!


Subject: GreyStone (GYST) Record July Production is Truly Golden!

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Graystone Company
 (GYST)

Production Update for July is Golden!

Month of July Produces 546 Grams of Gold

The Copper project estimates it has produced approximately 27 tons of copper ore, which is currently stored on site.

The Graystone Company’s Natural Resources Division locates and extracts mineral deposits for refining. We acquire properties with proven or probable mineral ore reserves. As a mining company, this enables us to focus our attention on generating revenue and profits from the processing of mineral resources without the speculative cost of exploration activities.
 

The Gorilla Project

In June 2011, the Company acquired the Gorilla Project. The purchase price for the property was 44,000 USD.  The project consists of 400 hectares (one hectare equals 2.47 acres) located in Loreto, Peru (Northern Peru).    
The Gorilla Project operation involves alluvial mining of gold from the deposits of sand and gravel usually left from modern or ancient stream beds. 
Exploration Plan and Activities.

The company’s campaign recently produced 203 tons of copper ore at a total costof $108.37 per ton and took over 90 days to complete. The company sold its copper concentrate equaling $184.72 per ton of ore.
“I feel the company has turned a new page in its brief history, for the positive, and we are determined to continue to hit new production milestones. I have never deviated from my original game plan and that perseverance is starting to show positive results.”
~Paul Howarth, CEO      

The Graystone 2 Project

In June 2011, the Company claimed the Graystone 2 project from the Peruvian government.  The project consists of 800 hectares in Loreto, Peru.

 The Company’s copper project, Greystone 2 went into production on July 7 2014. The company estimates it has produced approximately 27 tons of
copper ore, which is currently stored on site. The property is adjacent to the Company’s Gorilla Project. The company believes Copper Campaign #2 is progressing at or ahead of schedule.

“The purchase of raw ore is currently a thriving business in Peru. Depending on our cash flow, we intend on pursuing these opportunities after analyzing proper discounts, logistics and profit margins”

~Paul Howarth, CEO     

The Graystone 3 Project

In February 2012, the Company claimed the Graystone 3 project from the Peruvian government.  The project consists of 700 hectares located in Amazonas, Peru (Northern Peru).  

The property is approximately 3.5 hours north from the Company’s project Gorilla and Graystone 2.

Toxic Lenders No Longer in the Solution!


ASHER OUT
, Item 1.01 Entry into a Material Definitive Agreement.

(4) Since Asher Enterprises no longer has a position in the company, the company has been looking at additional ways to cut costs since we have eliminated Asher as a source of funding.

Graystone Company July Production Update
 
 
 
 

July 22, 2014 LIMA, Peru–(BUSINESS WIRE)

The Graystone Company (GYST) announced today that the Company’s mining operations have generated approximately 546 grams of gold so far for the month of July 2014. This update covers the time period of July 1, 2014 through July 19, 2014.
The Company’s copper project, Greystone 2 went into production on July 7 2014. The company estimates it has produced approximately 27 tons of copper ore, which is currently stored on site.
The company has also identified for purchase 25 tons of high-grade ore from a local mine. After testing the samples at its Nazca lab, the company will negotiate the final discounted price for the ore. “The outsourcing of additional ore will help us more quickly satisfy our 200-ton quota at the processing plant,” states the company. The outsourced ore will be shipped directly to the processing plant. The company estimates campaign 2 will conclude 15-30 days faster than the 90 plus days it took to complete campaign 1.
About The Graystone Company.

The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company’s strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.

“As were going deeper on two of our Gold claims we are finding the gold concentrations are increasing.”
“As our revenue grows, we plan on doing more extensive drilling on our gold claims and prospecting areas to better predict where we should focus our efforts.”
Graystone Company
 (Ticker: GYST)
Visit the company website at:
http://www.graystone1.com/
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