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graystone co inc/the-a (GYST) Details

The Graystone Company, Inc., a mining and exploration company, engages in acquiring and developing gold and other mineral properties. The company is involved in acquiring and mining gold, silver, precious metal and gems, and other mineral properties with proven and/or probable reserves in Peru. It owns 2,300 hectares of properties. It has interests in the Gorilla project, which covers 400 hectares, and the Graystone II project that covers 800 hectares located in Loreto, Peru; and the Graystone III project consists of 700 hectares, and the Graystone IV project, which covers 400 hectares located in Amazonas, Peru. The company also holds interests in the Suriname project that cover an area of approximately 2,400 hectares. In addition, it sells gold, silver, and other precious metals to retail buyers. The company was formerly known as Argentum Capital, Inc. and changed its name to The Graystone Company, Inc. in January 2011. The Graystone Company, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.

20 Employees
Last Reported Date: 04/16/13
Founded in 2010

graystone co inc/the-a (GYST) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $1.0
Co-Founder, President, Chief Operating Office...
Total Annual Compensation: $1.0
Compensation as of Fiscal Year 2012.

graystone co inc/the-a (GYST) Key Developments

The Graystone Company Announces Mining Results for the Period of July 1, 2014 Through July 26, 2014

The Graystone Company announced that the company's mining operations has generated approximately 735 grams of gold during the time period of July 1, 2014 through July 26, 2014.

The Graystone Company, Inc. Announces Production for the Month of June 2014 and Unaudited Revenue Results for the Second Quarter of 2014

The Graystone Company announced that the company's mining operations has generated approximately 936 grams of gold during June 2014. This represents the best month of Gold production for the Company. The company also announced its unaudited gross revenue for second quarter of 2014 was $123,611.00 from all of its mining sites, including its successful copper campaign #1. That is an increase over the company's first quarter of 2014 unaudited gross revenue of $30,187.50. The second quarter monthly revenue breakdown as April - $25,375.00, May - $27,035.00, June - $71,201.00.

The Graystone Company Announces Gold and Copper Update

The Graystone Company announced that the mining operations generated approximately 725 grams of gold so far for the month of June 2014. This update covers the time period of June 1, 2014 through June 22, 2014. The company has 7 days of production remaining for the month. Currently, the company's best production month is May 2014, (807 grams). The company also announced that its joint venture partner, Arara Mining, has entered into a 3 year prospecting contract with the JV's current claim owner securing the rights to identify and bulk sample targets on their claims covering 14,000-acres. Additionally, the joint venture has hired a local minerals drilling company to conduct a 30-day drilling campaign during the month of July 2014. The companies' Brazilian Geologist will supervise this campaign. This agreement covers expanding the testing it has already completed at its current mining camps and testing areas that have been prospected recently on the same claim.


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