LAS VEGAS, June 22, 2011 /PRNewswire/ - Gold Dynamics Corp. (OTCBB: GLDN) ("Gold Dynamics Corp." or the "Company") is pleased to announce that a National Instrument 43-101 will be commissioned on the Santiago Gold Property. The Company is planning on conducting interviews with various geological firms to undertake the implementation of producing a National Instrument 43-101 Report.
National Instrument 43-101 (the " NI 43-101") is a mineral resource classification report used for the public disclosure of information relating to mineral properties. The NI 43-101 is a strict guideline for how public companies can disclose scientific and technical information about mineral projects. Disclosures covered by the NI 43-101 code include press releases of mineral exploration reports, reporting of resources and reserves, presentations, oral comments, and websites. The NI 43-101 covers metalliferous, precious metals and solid energy commodities as well as bulk minerals, dimension stone, precious stones and mineral sands commodities.
The Santiago Gold Property is located in the state of Durango, Mexico which is situated in the "Sierra San Francisco" mountain range. Abandoned historic mines and various smaller Au prospects are located throughout the entire mountain range. A famous historic mining camp called "Promontorio" is located 7 km north of the Santiago project. Between 1180 and 1946 this mine was one of the most prominent Mexican silver and gold producers.
There are several existing projects located within the region of the Santiago Gold Project:1) Promontorio 7km North Silver Wheaton , $11.6B Marketcap 12M Oz Ag, historical resource 2) Yerbabuena 15km North Camino Minerals, $22M Marketcap 3) Coneto 28km South East Orex Minerals, $27M Marketcap - Joint venture with major operator Fresnillo, $9.7B Marketcap Exploration for gold/silver 4) Claudia 30km West Silver Wheaton, $11.6B Marketcap 1.2M Oz Au historical resource 75M Oz Ag historical resource The Company is planning on further examination of the past geological work performed and also on commencing new exploration work including a phase one drilling program to investigate the Bella-Vista and Tascate veins. For a full account of Gold Dynamics Corp. corporate objectives and contact information, please visit the website at www.golddynamics.com ABOUT GOLD DYNAMICS CORP.
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