LAS VEGAS, NV, July 14, 2011 /PRNewswire/ - Gold Dynamics Corp. (OTCBB:GLDN) ("Gold Dynamics" or the "Company") is very excited to announce that it has acquired the Santiago Gold Property near the Promontorio Mining Camp located in Durango, Mexico.
The Santiago Gold Property is located in the state of Durango, Mexico and the property 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. The historical resource size of the Promontorio was estimated to be 12M ounces of gold. Based on a structural interpretation of the property derived from satellite imagery, the Au-Ag mineralization containing the greatest vein width and highest grade Au-Ag consistent with certain trending faults which are associated with the historic Promontorio mining camp, are also evident in the Santiago Gold Property, which essentially represents a similar favourable geological environment for the Santiago Project.
"We are pleased to be involved in the Santiago Gold Property," says Tie Ming Li, President of Gold Dynamics. "An extensive gold-in-soil anomaly combined with the similarities and proximity to the historic Promontorio makes the Santiago a compelling exploration target. The Promontorio Mine is one of the greatest mining successes in the history of Mexico and we look forward to developing our property as expediently as possible."
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 under-explored 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.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $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
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV