DRAPER, UT--(Marketwire - May 11, 2012) - Gold and GemStone Mining Inc. (OTCBB: [ GGSMD ]), a Mining exploration company, is pleased to announce that it has retained Morningstar Corporate Communications to provide the company with investor and public relations related services. GGSM expects that Morningstar will assist in generating the required investor and public attention required to further their goal of becoming a gold and diamond producer.

Charmaine King, GGSM's CEO and President, is excited to be working with Morningstar. "We look forward to strengthening our shareholder communications and increasing our visibility to potential investors through this new relationship," she said. "Morningstar will help ensure that meaningful company information will be released in a timely fashion and will be easily accessible to a broad audience."

Chris Dove, president of Morningstar, stated, "We are pleased to be working with Ms. King and her team." He sees GGSM's African mining properties as potential massive producers and states that "Morningstar appreciates the opportunity to be a part of the company's development and success."

About Morningstar Corporate Communications

Morningstar is a full service investor relations and corporate communications firm specializing in small-cap companies. Morningstar is located in Panama with partners and contacts worldwide. By combining traditional IR with the latest online marketing Morningstar attracts investors and creates value for the shareholders of client companies.

About Gold and GemStone Mining Inc.

Gold and GemStone Mining, Inc. is an exploration stage company that will engage in the acquisition, exploration, and development of Diamond and Gold properties around the world. Integral to our plan is to form strategic alliances and joint ventures with gold and diamond mining companies.

Disclaimer - Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company's annual report on Form 10-K and other filings made by such company.