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Article Excerpt
M2 PRESSWIRE-31 October 2006-FocusStockReport.com: Hot Stock Highlights!(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:31102006
Stocks to Watch: G&S Minerals, Inc (OTCBB: GSML), Transmeridian Exploration, Inc (AMEX:TMY),Trio-Tech International (AMEX:TRT) ,TriPath Imaging, Inc (Nasdaq: TPTH),Altera Corporation (Nasdaq: ALTR),
Featured Stock - G&S Minerals, Inc. dba Gold & Silver Minerals (OTCBB: GSML) Current Price (0.39) www.focusstockreport.com
G&S Minerals, Inc. dba Gold & Silver Minerals Enters Into Joint Venture Agreement on La Millonaria Property Monday October 30, 4:52 pm ET Property Is Located on the Sierra Madre Occidental Gold-Silver Belt in Mexico LAS VEGAS, NV----Oct 30, 2006 -- G&S Minerals, Inc. (OTC BB:GSML.OB - News) dba Gold & Silver Minerals (www.gold-silverco.com), a growing mining company focused on acquiring and developing high quality, low risk resource and energy prospects, announced today that it had entered into a Joint Venture Agreement on the La Millonaria property with Tara Gold Resources Corp., to earn up to a 55% interest in the property by making certain payments to Tara Gold Resources, issuing 7,000,000 restricted shares, making all remaining underlying payments, and spending at least $3 million over the next 30 months.
President and CEO Mr. Charles Brown commented, "We are excited to finalize this agreement and position Gold & Silver Minerals in leveraging the huge mineral potential in the Sierra Madre Occidental gold-silver belt in Mexico. This agreement immediately allows us to begin generating value for our shareholders and creating the potential for positive cash flow." The La Millonaria property, located in a historic mining district within Mexico's prolific Sierra Madre Occidental gold-silver belt, consists of four mining concessions that total 875 hectares in area. The property is located in a region where other gold/silver projects are ongoing such as the 170,000 ounce/year El Sauzal mine, Glamis Gold's newest and largest gold mine;...
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