Gold Mining USA, Inc. announced that the company has achieved a valuable acquisition of a 24 acre mining tenement that is located near Eidsvold in Queensland, Australia. The property that the claim is on is rich in alluvial minerals. Riverstone Resources mining tenement contains approximately 300,000 ounces of gold (ML 80077), according to the company plus an extraction license (DERM Permit number: IPCE015389) for alluvial gold/sand and gravel over an adjoining 16,500 acres.

The sand and gravel operation alone is forecasted to have a production life in excess of 80 years with hundreds of millions of tons of continuous alluvial surface area available.