DRAPER, UT — (Marketwire) — 12/05/12 — Gold and GemStone Mining Inc. (OTCQB: GGSM), a gold and diamond exploration and development stage mining company focused on Sierra Leone, West Africa, has commented today on the growing economic opportunity within the mining industry of the Country in which it plans for full scale alluvial mining operations to begin in Q2 2013.

Sierra Leone has emerged as one of the most stable countries on the African continent. Its democracy is thriving, the economy is growing and the climate for investment is being transformed. With its verdant land, stunning beaches, fertile seas, vast mineral resources and innovative people — Sierra Leone is truly a land of opportunity.