GMXS >>>MONSTA PENNY PLAY NEWZZZ /Gemini Explorations' President and CEO Recaps Successful Year and Highlights Drivers for Growth in 2013 2013-02-06 08:36 ET - News Release FT. LAUDERDALE, FLORIDA -- Gemini Explorations Inc.'s (OTC: GMXS) President and Chief Executive Officer, Michael Hill, today provided a recap of the Company's progress in 2012, highlighting recent developments as drivers for growth in 2013 and cause ?for optimism among its shareholders. Mr. Hill commented, "2012 was a successful year for Gemini Explorations as the Company has made significant progress toward operating profitable gold mines in the Los Andes Sotomayor Gold Belt. This is a very exciting time for ?the company and its shareholders as we begin 2013, having recently secured an exclusive option to acquire an advanced stage milling and processing plant that could greatly accelerate the development our La Tapada gold project by increasing accessibility, hence lowering costs for transporting equipment to the property.”?“Furthermore, we are very pleased with the sampling results for both our properties, which indicate that they contain a high percentage of free gold, excellent consistency and great potential for additional mineralized zones and vein systems for potential sampling and mining," continued Hill. In May 2012, Gemini Explorations formed a wholly owned Colombian subsidiary named Minera Gemini SA ('MGS') that holds all of Gemini's Colombian mining concessions and interests in order to streamline and facilitate future mineral property acquisitions as well as mining, permitting and banking procedures. ??Shortly following, the Company announced positive sampling results from its ?La Tapada Gold Project in the El Bagre-Zargoza mining district, with samples taken from the principal vein ranging up to 243 g/tonne Au with an average ?grade of 25.87 g/tonne and showing excellent consistency overall. Recently, Gemini announced positive sampling results from its La Planada Gold Project, which has highly visible surface mineralization and excellent rock exposure ?for open pit mining. About Gemini Explorations, Inc. Gemini Explorations is focused on the development of two highly prospective gold projects in Colombia including a potential 3 million ounce deposit in the Los Andes Sotomayor Gold Belt with a potential asset value of approximately $4 billion at today's gold prices. Capitalizing on smart acquisitions, modern production techniques, deep industry expertise and the strong bull market for gold, Gemini Explorations is working quickly to achieve production, growth and value for shareholders. Gemini Explorations has assembled a portfolio of significant land holdings in Colombia's richly mineralized but under-developed gold districts including the La Planada and La Tapada gold properties.Notice Regarding Forward Looking StatementsThis news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2009 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.Contacts:Gemini Explorations, Inc.Michael HillPresident & CEO1-305-897-7120Gemini Explorations, Inc. Suite 504, 1015 East Sunrise BlvdFt. Lauderdale, FL 33304info@geminimines.com www.geminimines.com
Posted On: 02/06/2013 9:30:18 AM
Post# of 53447
(0)
(0)
Top 10 Most Recent Blog Posts
Small-Cap Stocks and Dow Outperform Amid Market Rebound
Category: Stocks Total Views: 228
By : Addison Perry Updated: 07-25-2024
Wall Street Indexes Rebound on Strong GDP Data
Thursday's main indexes on Wall Street climbed in response to better than expected GDP data. While the Dow and small-cap stocks lagged, the Nasdaq and S&P corrected early losses. After the tech mauling of the last session, this rise brought relief. On route to recoup Wednesday's losses, the Russell 2000 jumped 2%. Investors questioned whether the recent turn to underperformance made sense. Most megacap stocks were set to prolong losse... Continue Reading
Magnificent Seven Stocks Hit Hard by Earnings Reports
Category: Stocks Total Views: 168
By : Lucas Young Updated: 07-25-2024
Tech Giants' Earnings Disappoint, Sparking Market Selloff
Significant market selloff was started by Tesla and Alphabet's latest earnings releases. Investors worried about Tesla's lowest quarterly profit margin in five years. Anxiety about growing AI infrastructure costs and YouTube competition eclipsed Alphabet's better-than-expected earnings. With a tech-heavy Nasdaq Composite falling 3.6%, its worst day since October 2022. The S&P 500 likewise slumped 2.3%. This response... Continue Reading
SK Hynix Reports Record Profit Driven by AI Chip Demand
Category: Stocks Total Views: 189
By : Evelyn Baker Updated: 07-25-2024
SK Hynix Reports Highest Quarterly Profit Since 2018
SK Hynix declared its highest quarterly profit since 2018. For the quarter April–June, the company declared an operating profit of 5.47 trillion won. From the loss of 2.9 trillion won a year before, this is a notable increase. The profit lines up with LSEG SmartEstimate's projections. Analyzes projected a good performance from SK Hynix. Three straight profitable quarters have come from the company. This represents a notable comeba... Continue Reading
June New Home Sales Drop Despite Easing Mortgage Rates
Category: Real Estate Total Views: 167
By : Owen Jenkins Updated: 07-25-2024
New Home Sales Drop to Seven-Month Low in June
June's sales of newly built single-family homes dropped to a seven-month low. With a 0.6% drop noted by the Census Bureau of the Commerce Department, the seasonally adjusted annual rate comes to 617,000 units. Since November, this represents the lowest level. May's sales pace, on the other hand, was raised from the earlier stated 619,000 units to 621,000 units. This surprising decline in June sales is unambiguous evidence that the recover... Continue Reading
Lineage Raises $4.45B in Historic IPO, Valued at $18B
Category: Stocks Total Views: 170
By : Logan Wright Updated: 07-25-2024
Lineage Achieves Historic IPO with $4.45 Billion Raise
With its U.S. initial public offering, Lineage, the biggest cold-storage warehouse operator in the world, raised $4.45 billion. This is the largest worldwide stock market debut of this year. Pricing almost 57 million shares at $78 apiece comprised the IPO. At the top of its stated range, $70 to $82, this price was The company first intended to offer 47 million shares. Still, great demand resulted in the sale of extra shares. The IPO value... Continue Reading
Private Sector Employment Rises Despite Slower Momentum
Category: Economy Total Views: 328
By : Dylan Bailey Updated: 07-24-2024
U.S. Business Activity Hits 27-Month High in July
July's 27-month high in U.S. business activity suggests strong economic momentum. Rising from 54.8 in June to 55.0, the flash U.S. Composite PMI Output Index from S&P Global Since April 2022 this is the highest level. Tracking both manufacturing and services, the index has a reading above 50 suggesting growth. Driven by notable increases in the services sector, this consistent increase points to robust private sector expansion. The ris... Continue Reading
How to Protect Your Rental Real Estate Investment
Category: Real Estate Total Views: 325
By : Olivia Taylor Updated: 07-24-2024
Introduction to Protecting Your Rental Real Estate Investment
Renting real estate has become a go-to investment strategy these days. It's a good way to earn a consistent income and accumulate long-term wealth.
However, renting a real estate property comes with many risks. Your tenant can file a lawsuit against you, property damage risk and unforeseen circumstances can all spoil your investment success.
Therefore, be proactive in protecting your assets, and ensure a wise rental real ... Continue Reading
Weak Summer Demand, China Slowdown Hit Oil Markets
Category: Markets Total Views: 293
By : Thomas Cooper Updated: 07-24-2024
Oil Prices Edge Higher Amid Canadian Wildfires and Falling U.S. Crude Inventories
Though they stayed close to their six-week low, oil prices slightly rose on Wednesday. Prices started to rise following three consecutive sessions of drop. Falling U.S. crude inventories and supply concerns from Canadian wildfires were mostly responsible for this. September Brent crude futures climbed 66 cents to $81.67 a barrel. September U.S. West Texas Intermediate (WTI) crude rose by 78 cents to $77.74 per b... Continue Reading
Tax Disputes and Litigation: Strategies for Effective Resolution
Category: Personal Finance Total Views: 309
By : Kelly Martin Updated: 07-24-2024
Introduction to Managing and Resolving Tax Disputes
Tax disputes are an unavoidable aspect of business that can arise at any time and involve complex legal and financial issues. Whether it's a dispute over tax returns, audit findings, or tax assessments, the potential implications for a business can be significant, affecting not just financial stability but also the reputation of the company. Preparing effectively can make a substantial difference in the resolution process.
Preparing f... Continue Reading
3 Avoidable Marketing Mistakes Real Estate Startups Can Make
Category: Real Estate Total Views: 309
By : Ryan Hughes Updated: 07-24-2024
Introduction to Effective Marketing Strategies for Real Estate Startups
Starting a business is no easy feat. There’s less comfort in knowing that 90% of startups fail, according to 2024 data sourced from Exploding Topics. The same report found that new business success rates are 10 to 20% over the long term.
The odds against the real estate sector didn’t bode well. About 48% of real estate startups failed within four years. However, there’s still hope for aspiring entrepr... Continue Reading