October 16, 2007
Hemisphere Gold Appoints Dr. Dennis LaPoint As Vice President of Exploration/Director
Hemisphere Gold Inc. (PINKSHEETS: HPGI), a gold exploration, property acquisition and mining development company, is pleased to announce the appointment of Dr. Dennis LaPoint as Vice President of Exploration.
Dr. LaPoint has over thirty years experience in mining including the initiation and management of programs for a variety of companies including Texasgulf and Cominco.From 2004 to early 2007 Dr. LaPoint was the Exploration Manager in Suriname for Cambior Inc., which is now called IAMGOLD Corp. He was responsible for locating and defining new gold deposits at Rosebel Gold mine as well as for generating and managing business and exploration opportunities.
From 1992 to 2004 Dr. LaPoint was President and Owner of Appalachian Resources, LLC where he provided project management and geologic services to the mineral industry, environmental industry, investors, and government agencies.
Starting in 2000, he initiated a grassroots gold exploration program in Suriname, South America for Alcoa Corp. in a region of no prior exploration. He is credited with successfully defining a significant new gold discovery and district within three years. Alcoa completed a joint venture with Newmont Mining Corp. in 2004 with the current gold resource estimated to be at between three and five million ounces.
Dr. LaPoint was appointed by the Governor of North Carolina to the Licensing Board for Geologists. He is Past President of the Carolina Geological Society and has been active in the Society of Exploration Geologists and Society of Mining Engineers. He is an Adjunct Professor at the University of North Carolina and previously at Elon University.
"The experience in exploration and development that Dr. LaPoint adds will enhance the success of the Hemisphere project. His knowledge and experience in the country comes with the benefit of having worked with major multi-nationals and having successfully discovered new gold districts in Suriname. We welcome Dr. Lapoint to the Hemisphere team," Ted Pomerleau, Hemisphere Gold's President, stated.
About the Company
Hemisphere Gold Inc. is in the business of exploration and acquisition of gold properties in some of the world's best gold districts. The Company's objective is to take advantage of high-yielding untapped mineral producing properties through exploration and acquisition. The Company's flagship property is in Suriname, a democratic country which has had mining operations since the 1700s. Suriname is an emerging major gold producer with international companies showing interest. Hemisphere is committed to maintaining environmental stewardship, occupational safety and corporate responsibility.
For more information, please visit http://www.hemispheregold.com/
This press release may contain forward-looking statements which are pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, risks associated with mining exploration, risks of governmental legislation and regulation, risks associated with technological changes, risks associated with dependence on third parties, risks relating to international operations, delays in testing and evaluation of products and risks associated with competition..
Contact Investor Relations: Barry Reagh Email Contact Phone: (888) 548-8444
SOURCE: Hemisphere Gold Inc.