Lima, Peru, April 2, 2013 (GLOBE NEWSWIRE) -- The Graystone Company(OTCQB: GYST) announced today that the Company has received a number of questions regarding whether the shaker tables are currently in use in Peru. The Company has not begun using the shaker tables since they require a larger generator then the Company currently has on-site. The Company is acquiring the necessary generator in Lima and having it delivered to the mining site. Once the new generator is on-site the Company will begin using the shaker tables which the Company expects will increase the amount of gold recovered.
The Company is also acquiring an arc welding torch for the mining camp. The arc welding torch will allow the mining crew to repair equipment on-site thereby increasing the number of days the Company can mine per month.
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. The Company sells gold and silver to retail buyers via www.graystonegold.com.
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Source: TheGraystone Company, Inc.