SOURCE: Gold Mining USA Inc.

January 30, 2014 09:30 ET

GMUI Acquires 160 Acre Gypsy Mine

SACRAMENTO, CA--(Marketwired - Jan 30, 2014) -  Gold Mining USA Inc. (OTC Pink: GMUI) -- The Company announces that they have finalized all agreements for the purchase of the Gypsy Gold Mine in Douglas County, Nevada. GMUI had previously announced they had only the option to purchase the 160 acre Gypsy Mine from American International Ventures Inc. (AIVN) back in April 2013. We are building a strong strategic relationship with AIVN and are in current discussions to acquire further mining/resource projects

The Gypsy mine is located at T14N R21 E Section 21 NE1/4 near the Preacher. The Gypsy has a geological valuation report and the Company has appointed independent consultants to finalize a NI 43-101 report. The Company currently has a geological team assessing the historical data collected and is anticipating further developments that will be available on in the near future.

The GMUI business model will continue to focus on Mergers and Acquisitions and Debt/Equity placement of mining projects. We strive to provide structured capital funding for mining resources and specialize in Joint-Ventures and acquisitions. Our Group has extensive resources and technical expertise to financially engineer transactions for our projects. 

President of GMUI, Maurice Byrne, says, "This is another milestone for our Company and its shareholders. The Geological teams are assessing all of the new possibilities that have been discovered in the independent geological evaluations. We have appointed more personnel and specialists who are assessing the best scenario for both Companies and shareholders. Our focus is to value add to all our projects and acquisitions and continue building the asset portfolio of GMUI."

For more information please visit email or call 209-386-7753.

Forward-Looking Statements: The forward-looking statements made by Gold Mining USA, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. It is always best before any investment to seek advice from a qualified financial advisor.

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