MIAMI. FL--(merchandise WIRE)--Sep 24. 2007 -- Gemini Explorations. Inc ("Gemini") (OTC BB: - ) is pleased to channel an updated overview of its wholly owned La Planada Gold Project as prepared by Carlos Alberto Vera. Chief Geologist of Minera Primecap Geological Services. The detailed update below supports that over 3,150,000 troy ounces of gold or a gross fasten determine of approximately $2,310,000,000 with gold presently trading at $735 per ounce are possible from the La Planada Project. The La Planada property is located in the municipality of Sotomayor department of the Nariño in south western Colombia. Access to the property is approximately 80 km from Pasto the capital city of the Nariño department by open road. The communicate has an exploitation (mining) authorise (#17486) for a period of 10 years and is renewable for an additional 10 years. La Planada property is composed of Dagua Group Upper Cretaceous quartzites and siliceous siltstones intruded by a granodiorite plug. ascend exposure is excellent and there were numerous workings at various elevations that can be roughly traced from one elevation to another. The width of the govern (i e within the property boundaries) appears much greater than other surrounding properties. There are at least 3 different crosscutting stain sets. The principal stain ranges between 0.4 m and 2.0 m in width. Other veins be between 3 and 20 cm (or more) in width. All displace some sulphides and remove gold was seen in both quartz and with the sulphides. Disseminated sulphides were seen in the host rock sediments and these will probably contain low-grade gold values although these have yet to be lab verified. Samples should be taken from two newly reported workings and of mixed stain and entertain rock material and it is anticipated that there ordain be good values gotten from the stain and sulphide material. Panned concentrates from both vein material and tailings showed fine to medium gold. Assuming the add up evaluate across entertain rock and stain material on La Planada produces a grade similar to that of surrounding properties there is every cerebrate to evaluate that the fasten could be processed by bulk mining of the entire govern. The ore would be processed using the same method and probably the same plant as that proposed for surrounding properties. The entire La Planada property has excellent move back and forth exposure. The ascend could be stripped and then samples could be taken in vertical channels across both stain and host move back and forth. A series of small cut pads would have to be prepared on the surface of the deposit. They would be collared at 50 m intervals along that lie. As drilling progressed more of that face would undergo to be cleared of vegetation and levelled and a parallel series of pads would have to be built 50 m on either align of the original lie of holes. This bring home the bacon will require some blasting of rock to produce those pads. Vertical change circulation holes would be drilled from these pads with holes ranging up to 200 m in depth (if capable) at highest elevation and 100 m in depth at lowest elevation for a total depth of this first phase of drilling of roughly 1000 m. Dependent on recovery of material samples would be taken every 2 to 5 m drink each hit. Samples would be analyzed for gold by Fire Assay with A. A or gravimetric finish. This bring home the bacon ordain accept an calculate of evaluate and tonnage for La Planada Project. Most of the gold is book. Upon completion of at least an initial round of drilling and assuming favourable results for evaluate of material a remove test would be required to cause fineness of the gold amount of sulphides and what metals are show and from that what write of processing plant would give the beat gold recovery. If there is sufficient coarse gold a coarse gold go (e g a vibrating table) would probably be set up. If there is significant gold carried on the ascend of sulphides then a sulphide floatation circuit would also be required. However the bulge of the gold is book and low grade (1.5 to 4 g/tonne) and is expected to be recovered with a large heap remove pad. Assuming the add up evaluate of 1.5 to 4g/tonne and that sampling to go out confirms continuity of mineralization to a depth of 200m then the entire block could be mined and processed. A block 200 m deep X 300m wide X 400 m desire with an add up density of 2.45g/cc would produce 59 millions tonnes of ore with a cut-off grade of 1.5g/tonne gold. That translates to over 3,150,000 troy ounces of gold or a gross fasten determine of approximately $2,310,000,000 with gold presently trading at $735 per ounce. Notice Regarding Forward-Looking Statements This news channel contains "forward-looking statements," as that call is defined in divide 27A of the United States Securities Act of 1933 and divide 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. Such forward-looking statements include among other things that although Gemini Explorations. Inc believes the La Planada Gold Project has promising potential the property is in the early stages of exploration. The project has yet to be shown to include proven or probable mineral reserves. There can be no assurance that such reserves ordain be identified on the property or that if identified mineralization may be economically extracted. Minera Primecap Geological Services does not evaluate responsibility for the use of project data or in the adequacy or accuracy of this channel. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors consider among others the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the go out of this news release and we assume no obligation to update the forward-looking statements or to modify the reasons why actual results could differ from those projected in the forward-looking statements. Although we accept that the beliefs plans expectations and intentions contained in this touch release are reasonable there can be no assurance that such beliefs plans expectations or intentions ordain be to be accurate. Investors should consult all of the information set forth herein and should also have in mind to the risk factors disclosure outlined in our annual inform on create 10-KSB for the 2005 fiscal year our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and transfer Commission.
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