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Gold and Gemstone Mining Inc. Looking for More JV Opportunities

DRAPER, UT -- (Marketwire) -- 02/12/13 -- Gold and GemStone Mining, Inc. (OTCQB: GGSM), a gold and diamond exploration and development stage mining company currently focussed on West Africa, is pleased to announce that it is looking for JV opportunities to add to its current portfolio of mining concessions in West Africa.

Charmaine King, CEO, commented, " GGSM is very interested in new JV opportunities to add value and substance to the company for investors and their partners to have a solid base for their money. In an unpredictable economy, what we wish to offer is a safe secure haven for solid investment, and partners to feel they have placed their funds and projects in a secure future."

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.

FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company's business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.

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