- GEMXX recently provided an update to shareholders outlining its 2023 milestones and expansion plans for 2024 and beyond
- In 2023, the company acquired a 50% interest in Crazy Horse Mining Inc. (“CHMI”), a Canadian exploration company whose assets include 100% interest in two gold projects in British Columbia
- GEMXX, in collaboration with CHMI, completed the clean-out of the Snow Creek property and recorded positive results showing that the processing of the stockpile yielded 0.929 ounces of gold per 100 cubic yards
- The company has engaged independent experts to complete S-K 1300 reports on its gold and Ammolite assets to enable it to add their value to its balance sheet
Speaking during an October 2023 Bell2Bell Podcast episode, Richard Clowater, the President of GEMXX (OTC: GEMZ), a mine-to-market company that specializes in the production and global distribution of gold, gemstone, and jewelry and owns mining resources, production facilities, and operating assets, underlined that 2021 and 2022 were building years for the company (https://ibn.fm/0xDcQ). “The company had a clear and defined set of objectives from day one. We wanted to disrupt the industry and secure long-term supply contracts with key client groups. These goals were achieved, and GEMXX now has a strong foothold in three of the world’s top markets for our products,” said Clowater.
GEMXX, Clowater explained, achieved the goals by assembling a team with more than 160 years of combined experience in gold and gemstone production, operations, and sales. “Then we used their experience to organize all of our production and establish global distribution channels all within 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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