GoldSands Development Company

Published : February 18th, 2009

Company Contracts IHC Merwede Group to Assist with Developing the Peruvian Gold Sands

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Keywords :   Argentina | Ecuador | Gold | Peru | Reality | Silver |

Constitution Mining Contracts IHC Merwede Group to Assist with Developing the Peruvian Gold Sands

Buenos Aires, Argentina - February 19, 2009 - Constitution Mining Corp. (CMIN.OB) announces that its Peruvian service company, Logistica y Servicios Aluviales San Lorenzo SA ("San Lorenzo") has contracted MTI Holland BV, a member of the IHC Merwede Group, the world's leading manufacturer of innovative Gold Sands dredging and processing equipment, to assist with the technical development of the company's 382 km2 Gold Sands property.

With respect to the Gold Sands project, MTI will provide guidance and advice regarding:

• Preparation of the preliminary exploration and project development plan
• Drilling, sample taking, sample processing, and reporting procedures
• Development of a conceptual master plan, including estimation of production rates and the associated equipment requirements with a view to completing a scoping study to evaluate the technical and economic feasibility of the Gold Sands project. This study will include a geotechnical analysis, equipment selection, cost determinations and cash flow modeling.

Constitution Mining CEO, Dr Willem Fuchter commented: "MTI has extensive expertise in assisting clients with the successful development of Gold Sands-style deposits - several of which are now producing gold."

"We are now in the final planning stages of our upcoming drill program, scheduled to begin the end of March 2009. It shouldn't take very long, once the drills start turning, for us to discover whether the multi-million ounce potential of the Gold Sands deposit is in fact a reality," added Dr. Fuchter.

About Constitution Mining Corp.

Constitution Mining intends to consistently increase the amount of honest money - gold and silver - underlying the number of shares the company has outstanding. The company's primary area of focus to create this value is the rapidly developing region known as the "Gold Sands of Peru", where it has optioned 382㎢ (229 square miles) of mining properties - the largest property holdings in the district. The Gold Sands of Peru have been formed by the erosion of the gold-rich hinterland. For millions of years two major rivers systems have been carving their way through the gold-rich Andean mountains of Peru and Ecuador, depositing gold in loose gravels and sands - Gold Sands - below the Manseriche gorge in Northeastern, Peru. Privately funded historical drilling of more than 500 holes in a 'proof of concept' zone located on Constitution Mining's properties, indicates the potential for the region to contain many millions of ounces of alluvial gold. By utilizing new mining technologies that are both efficient and environmentally friendly, the experienced management of Constitution Mining fully intends to capitalize on this exciting opportunity to provide long-term value for all shareholders. Additional information about Constitution Mining Corp. may be obtained at www.ConstitutionMining.com.

On behalf of the Board:

Dr. Willem Fuchter, CEO
Constitution Mining Corp.

Investor Inquiries
North American Toll Free: 011-800-333-777-77
European Toll Free: 00-800-333-777-77
email: info@ConstitutionMining.com



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Data and Statistics for these countries : Argentina | Ecuador | Peru | All
Gold and Silver Prices for these countries : Argentina | Ecuador | Peru | All

GoldSands Development Company

DEVELOPMENT STAGE
CODE : CMIN.OB
ISIN : US2104131006
CUSIP : 210413100
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Goldsands Development is a gold exploration company based in United states of america.

Goldsands Development holds various exploration projects in Argentina.

Its main asset in development is PERUVIAN GOLD SANDS in Peru and its main exploration properties are ATENA and CERRO AMARILLO in Argentina.

Goldsands Development is listed in United States of America. Its market capitalisation is US$ 16.8 millions as of today (€ 11.8 millions).

Its stock quote reached its highest recent level on September 11, 2009 at US$ 1.92, and its lowest recent point on December 03, 2010 at US$ 0.10.

Goldsands Development has 88 158 120 shares outstanding.

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Annual reports of GoldSands Development Company
2007 Annual report
Nominations of GoldSands Development Company
10/2/2009Appoints Team of Leading Gold Experts
8/20/2008Appoints Chief Financial Officer
8/7/2008Appoints New Director
Project news of GoldSands Development Company
3/11/2011Gold Test Production Equipment Arrives on GoldSands Property
7/23/2010(Peruvian Gold Sands) Makes Significant Gold Discovery in the Gold Sands of Peru
6/15/2010(Peruvian Gold Sands)Sees Encouraging Phase II Drill Indications
5/12/2010(Peruvian Gold Sands)to Expand Peru Drill Program
10/26/2009(Peruvian Gold Sands)Begins Production Testing on Gold Sands
8/15/2009(Peruvian Gold Sands)Drilling Begins at the Gold Sands in Peru
7/15/2009(Peruvian Gold Sands)Finalizes Drill Plan, Readies to Commence Drilling...
6/3/2009(Peruvian Gold Sands)CMIN Retains Scott Wilson Roscoe Postle Associates for Techn...
5/19/2009(Peruvian Gold Sands)receives Preliminary Master Plan (Scoping Study) for Peruvia...
2/18/2009(Peruvian Gold Sands)Company Contracts IHC Merwede Group to Assist with Developin...
10/1/2008Signs Option To Acquire Large Land Position
Corporate news of GoldSands Development Company
4/1/2011Changes Name to GoldSands Development Company
3/29/2011Updates GoldSands Test Production Site Work
3/8/2011THE CHAIRMAN'S LETTER
9/10/2009Hires R.F. Lafferty of New York / Proposed Reincorporation i...
3/5/2009Contracts WorleyParsons
2/25/2009Company Contracts AMEC Earth & Environmental
1/22/2009Must see video on Gold Sands District of Peru...
11/17/2008Gold Sands Project Update
11/11/2008Completes Initial Gold Sands Purchase...
9/17/2008Announces Committee Members
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