LAS VEGAS, June 15, 2011 /PRNewswire/ - Gold Dynamics Corp. (OTCBB: GLDN) ("Gold Dynamics Corp." or the "Company") announces that a letter of understanding, dated June 14, 2011, has been made between the Company and Artemio Terrazas Arredondo and Norma Velazquez Jurgeit regarding the option, purchase and operation by the Company of the Santiago Gold Property located in the state of Durango of Mexico.
The Santiago Gold Property covers 315.6 hectares and is situated in the mountain range Sierra San Francisco. There is an abandoned mine and numerous gold prospects occurring on the property.
Gold Dynamics Corp., under the terms of the letter of understanding, is committing to funding and furthering an exploration and drilling program of the Santiago Gold Property over the course of the next twelve months. The Company is confident that these measures will allow the Company to build further shareholder value.
For a full account of Gold Dynamics Corp. corporate objectives and contact information, please visit the website at www.golddynamics.comABOUT GOLD DYNAMICS CORP. Gold Dynamics Corp. is an emerging precious metals explorer focused on underexplored regions of the world that is seeking to grow shareholder value by building gold and silver mineral resources through systematic exploration. The Company has brought together a highly experienced board and management team consisting of capable professionals with significant development and mine management experience. Gold Dynamics Corp. seeks to identify, acquire, and develop deposits which have the potential to be world class and in an acceptable risk environment. Social responsibility and environmental stewardship are core values of the Company. Forward-Looking Statements This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, or the generation of positive cash flow as a result, updating of the corporate website or the availability of an independent geological report outlining the leases, their production, and their potential.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV