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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
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
ABOUT 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.