GXPI Gemini Explorations Report Includes Joint Venture Update on a Deposit That May be in the $2 Billion Range 11/30/2007
LOS ANGELES, Nov 30, 2007 (PrimeNewswire via COMTEX News Network) -- Gemini Explorations (OTCBB:GXPI) analyst report update includes a joint venture update on a deposit that may be in the $2 billion range.
Gemini Explorations is a junior resource company exploring and developing gold properties in southern Columbia.
Gemini Explorations completed the purchased of 80 percent controlling interest in the Los Chorros mine and has secured first rights of refusal on the remaining 20 percent interest with 18 months. The company has received an equipment grant from the Columbian Government to assist in the modernization and re-development of the Los Chorros Mine. The first shipment of equipment arrived at the property in the first week of September 2007 and will further expedite the modernization and re-development of the Los Chorros Mine. . Gemini's newly acquired La Planada property is located in the municipality of Sotomayor, department of the Narinyo, in southwestern Colombia, and a drilling program has been set.
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SOURCE: IPOdesktop.com; Gemini Explorations
Gemini Explorations, Inc. Michael Hill, President IR info: 1 (877) 700-1644 info@geminiexploration.com http://www.geminiexploration.com 5201 Blue Lagoon Drive, 8th Floor Miami, Florida 33126
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