LAS VEGAS--(BUSINESS WIRE)--The Graystone Company (OTC Bulletin Board: GYST), announced today that its managing director, Paul Howarth, will conduct an exploration trip to Peru in February 2012.
As part of the Company's goal to acquire 10,000 acres of mining properties by the end of 2012, Paul Howarth will travel to Peru to begin developing an exploration plan for the area surrounding the Company's current mining properties. The Company intends to use its current properties and infrastructure as a base of operations to support the Company's expansion of its mining operations in Peru.
"Establishing an exploration plan is the first step of many towards acquiring 10,000 acres in 2012, " said Paul Howarth. "I look forward to sitting down with our team in Peru to begin expanding our presence in the country."
About The Graystone Company. The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.