August 18, 2008
Gemini Explorations, Inc. To Report New Sampling Results for the La Tapata Gold Mine
Gemini Explorations, Inc. ("Gemini") (OTCBB: GXPI) announced today that test results of new samples taken from Gemini's La Tapata Gold Mine are to be made public within the next few days. These samples were tested by Diazem Corporation, which has developed a proprietary, cost-effective method for capturing a uniquely high percentage of precious metals (gold/silver) and other economic minerals from the containing ore body. The Diazem process provides an enhanced economical separation and capture of both precious and other metals of value, resulting in an improvement in overall efficiency and profitability. In addition to being efficient, effective and economical, the Diazem process is also exceptionally friendly to the environment. More information about Diazem and their separation technology is available on their company website at: www.diazem.com/mining.html.
The reporting of the results of the testing of these samples, and the significance of those results to Gemini's approach to the upgrading and operational redevelopment of La Tapata will constitute the first of many progressive events enabled by the recently announced $600,000 financing commitment. These sample results will help establish the specific details of the program to upgrade the mining and processing facilities in the best manner possible to help ensure that La Tapata will become a highly productive and profitable gold mine. The information available from the test results will assist in the achievement of that goal in a timely manner, while allowing for an especially well targeted and cost-effective use of investment capital.
About Gemini Explorations, Inc.
Gemini Exploration is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich yet highly underdeveloped gold deposits of Colombia.
Notice Regarding Forward-Looking Statements
This 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. Such forward-looking statements include, among other things, the expectation that additional financing will close on specified dates, the expected completion date of the redevelopment of the La Tapata Gold and La Planada gold projects.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, the ability of Diazem Corporation to provide a cost-effective, environmentally friendly method for capturing a uniquely high percentage of precious metals and other economic minerals from the containing ore body. 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 2007 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact: Michael Hill President & CEO Gemini Explorations, Inc. Suite 103, 240-11th Ave SW Calgary, AB T2R 0C3 www.geminiexploration.com email: [email protected] 403-697-4877
SOURCE: Gemini Explorations, Inc.