- GEMXX recently announced that new investments had strengthened its financial position and would allow it to attract further investment over the next 12 months
- The announcement followed the acquisition of a 50% ownership stake in Crazy Horse Mining Inc., whose assets include a 100% interest in the Snow Creek and Rosella Creek gold projects in British Columbia
- Initial production results on the Snow Creek site prop GEMXX to scale up gold production, having announced plans to ramp up processing to approximately 1,000 cubic yards of gold-bearing ore per day
GEMXX (OTC: GEMZ), a publicly traded vertically integrated company specializing in producing and distributing gemstones and jewelry globally, using its own gold and Ammolite mining resources, is already seeing a return on key investments. Stemming from its ambitious growth plan, the company has ventured into untapped markets, exploring acquisitions and further integrating critical services, distribution networks, and retail outlets into its fold, all of which have shown great promise from a return on investment (“ROI”) standpoint.
As the only public company doing what it does, specifically engaging in Ammolite mining worldwide, GEMXX represents several firsts, including charting the path for other players in its industry. As it owns its reserves, the company currently enjoys a significant cost-saving edge over other producers in the…
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ
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