Gemini Explorations is focused on engaging in the development and exploration of the La Planada Gold Project in the southern region of Colombia. This newly acquired property is found in the municipality of Sotomayor, department of the Nariño, and is readily accessible as it’s approximately 80 km from the capital city of the Nariño department by open road.
The La Planada Gold Project extends over 45 hectares and is comprised of Dagua Group Upper Cretaceous quartzites and siliceous siltstones intruded by a granodiorite plug. There are no less than three different crosscutting vein sets, and possibly more. The major vein ranges between 0.4 m and 2.0 m in width. Other veins are as wide as 20 cm (or more), and all have identifiable sulphides, as well as free gold.
After the initial round of drilling is completed and favorable results for grade of material are found, a bench test will be essential to determine the fineness of the gold and the amount of sulphides and other metals present. Senor Richard Apraez (a local consultant) has confirmed that there will be no issues with setting up a large-scale processing plant in the area. Furthermore, there is little concern of contamination as long as the processing plant is properly maintained.
The president of the company, Michael Hill, has over two decades of experience in venture capital finance, investment banking and business development in North America, Europe and South America. He has been extensively involved in the initial startup and secondary funding of both private and public companies in sectors ranging from mining exploration, oil and gas, cable and media to technology and biotechnology. Mr. Hill worked closely with Minera Andes Inc. to fund and develop their mining exploration program in Argentina, and later financed a gold and copper exploration company in Brazil.
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