Hemis Completes First Phase Gold Exploration Program in Alaska
LAS VEGAS (Business Wire EON/PRWEB ) December 10, 2007 --
Hemis Corporation (OTCBB:HMSO) (FWB:XZA) is an international resource
company with three advanced stage exploration projects in Mexico and one
in Alaska. The Anchor Gold project in the Cook Inlet of Alaska is a
venture between Hemis and Aspen Exploration Corporation (OTCBB: ASPN).
Hemis is the operator of the Anchor Gold project.
The emphasis of the Anchor Gold project is exploring for gold in
offshore deposits along the eastern margin of Cook Inlet. Previous work
by Aspen Exploration documented offshore aeromagnetic anomalies in
addition to confirming the presence of gold along the active beaches.
Due to the size of the project area, Hemis believes that the Anchor Gold
project could have great potential.
Permits were issued by Federal and State of Alaska agencies to allow for
exploration in September and early October. Two exploration programs
were run concurrently. A geophysical survey consisting of a fathometer,
side-scan sonar and a sparker survey was conducted by Watson Geophysics.
The goal of the sparker survey was to image the shallow subsurface
sediments. Concurrently, a shallow coring program was conducted by
Kinnetic Labs using a Vibracore ® drill rig.
The Vibracore system uses a vibrating drill head to penetrate through
unconsolidated sediments. Vessels for both programs were provided by
Ocean Explorers.
Both programs were planned to coincide with low tides that occurred near
the end of September. While the geophysical survey was completed during
this window, high seas thwarted the Vibracore drilling. The drilling
program was put on hold for a week and resumed during the next low tide
cycle in October. Ultimately, cores were recovered from 11 of the 15
target areas. “I have nothing but good things
to say about all of our consultants and contractors that enabled this
program to happen,” said Dr. Douglas Oliver,
Chief Geologist of Hemis. “Cook Inlet is a
difficult place to work at any time of the year and Autumn can be
especially tricky. The professionalism that was shown by all of the
parties involved was the primary reason for this program’s
success.”
Gravels made up the basal sediments in 9 of the 11 cores recovered. “These
are the first samples that have been recovered from the offshore
magnetic anomalies,” Dr. Oliver commented. “Some
of us have been wondering for over twenty years what we would discover
down there. Finding gravel is encouraging as gold particles are
typically associated with coarse sediments in placer deposits.”
The samples will undergo size sorting analysis and heavy mineral
separation at Alaska Assay Labs in Fairbanks, Alaska. The heavy mineral
fraction will undergo visual examination for gold particles as well as
fire assay. The results will be used to determine the course of future
exploration.
About Hemis Corporation
Hemis Corporation is a precious metals exploration company trading on
the OTCBB under the symbol HMSO and listed on the Frankfurt stock
exchange under the symbol XZA. Hemis Corporation is comprised of both a
resource division and a resource investment unit. Hemis’
high profile team is focused on evaluating gold projects with strong
potential. The resource investment unit is actively reviewing other
natural resource companies for joint ventures and investment.
Hemis is incorporated in Nevada, USA with its head office in Zurich,
Switzerland and North American corporate communications representatives
in Canada and the United States. Led by an experienced team of
exploration geologists and financial professionals, this company has
extensive international capital markets experience and proven track
records.
The statements contained herein which are not historical are
forward-looking statements that are subject to risks and uncertainties
that could cause actual results to differ materially from those
expressed in the forward-looking statements, including, but not limited
to, certain delays beyond the company's control with respect to
commencement of drilling operations, concentration in mineral deposits,
delays in testing and evaluation of ore samples, and other risks
detailed from time to time in the Company's filings with the Securities
and Exchange Commission.
See the original story at: http://eon.businesswire.com/releases/hemis/exploration/prweb575485.htm
Post Comment: Trackback URL: http://www.prweb.com/pingpr.php/RmFsdS1Qcm9mLU1hZ24tU3VtbS1UaGlyLVplcm8=
Bookmark -
Del.icio.us |
Furl It |
Technorati |
Ask |
MyWeb |
Propeller |
Live Bookmarks |
Newsvine |
TailRank |
Reddit |
Slashdot |
Digg |
Stumbleupon |
Google Bookmarks |
Sphere |
Blink It |
Spurl
|