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Gold Standard Mining Corp. Announces Preparation of Summer Mining Season

^{Published on 2011-03-11 06:21:11 - Market Wire}
 

LOS ANGELES & BLAGOVESHENSK, Russia--([ BUSINESS WIRE ])--Gold Standard Mining Corp. (OTCBB: GSTP) (aGold Standarda or the aCompanya), whose subsidiary operates a gold mine in Russia, announced today that work is underway to begin its summer 2011 mining season.

ABOUT GOLD STANDARD MINING CORP. (OTCBB: GSTP)

Gold Standard Mining Corp. is a publicly held Nevada corporation whose common stock trades on the over-the-counter bulletin board under the trading symbol GSTP. Gold Standarda™s mission is to become an over one million ounce per year producer of minerals from the vast resources of Russia, while benefitting from the skill base and engineering strength of the Russian mining sector with the support of Western technology, finance, and corporate governance.

Forward-Looking Statements: Except for statements of historical fact, this news release contains certain "forward-looking statementsa as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by the Company with the Securities and Exchange Commission.