SOURCE: G & S Minerals, Inc.

January 23, 2007 16:16 ET

G&S Minerals, Inc. Engages Financial Auditing Firm

CHICAGO, IL -- (MARKET WIRE) -- January 23, 2007 -- G&S Minerals, Inc. (PINKSHEETS: GSML) announces the engagement of Thane Martin, CPA, the Financial Consulting Firm, Inc., 1528 Walnut Street Suite 1414, Philadelphia, Pa 19102, to provide auditing services to the company.

"This represents another milestone for the company," said Charles Brown, president. "We have spent significant time building a solid infrastructure and are committed to executing our business plan."

G&S recently announced the completion of the access road to the mining site. The project is now moving forward to the next phase, which is, the completion of the site survey and physical layout for the construction of the mill and processing plant.

Mr. Charles Brown stated, "The company is now in the process of making the necessary arrangements with our geologist to inspect the site, and to reassess the tailings for a comparative analysis against the historical data provided earlier."

About La Millonaria

The La Millonaria property, located in Mexico's highly prolific Sierra Madre Occidental gold-silver belt in SW Chihuahua, which consists of four mining concessions that total 875 hectares, La Millonaria includes formerly producing gold mines and current gold/silver exploration projects. G&S Minerals has recently entered into a Joint Venture agreement with Tara Gold Resources on the La Millonaria property. There are approximately 29,698 tons of surface ore ready to be exploited. Ready available material grading at 9.7 grams Gold and 23 Grams Silver per ton is expected. This will give G&S Minerals the potential for near-term cash flow.

About G&S Minerals, Inc.

G&S Minerals, Inc. dba Gold & Silver Minerals is a growing mining company focused on acquiring and developing high quality, low risk resource and energy prospects. The company is aggressively pursuing opportunities to develop working interests in mineral properties that offer short time to production as well as significant upside exploration potential. By leveraging an extensive network of industry contacts, management expertise, smart acquisitions and a strong market for minerals, Gold & Silver Minerals is working to build rapid asset growth, near-term cash flow, market interest and shareholder value. Gold & Silver Minerals trades on the OTCPK as "GSML." For additional information, please visit www.gold-silverco.com.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

To receive timely updates and information on any future developments as they occur please email us at info@gold-silverco.com

Contact Information

  • Contact:
    Investor Relations
    Larry K. Davis
    Bravo International Services
    1534 Hampshire Rd
    Victoria, B.C. Canada V8R 5T5
    250-595-7714

    Corporate Address:
    723 S. Casino Center Blvd.
    Las Vegas, NV 89101-6716