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Hemis Corp. (HMSO.OB) Reports Additional El Tigre Drill Results

Hemis announced additional results from the drilling program on its El Tigre gold exploration project in eastern Sonora, Mexico. The initial phase of diamond drilling has been recently completed on this project; the new assay results cover drill holes ELT-002 to ELT-005.

All of the holes were successful in intersecting the breccia. Veins of native copper were found in the oxidized portions of hole ELT-005 The Project manager commented, “’We may need to start thinking of El Tigre as a poly-metallic project rather than a strictly gold target. In addition to gold and silver, we have seen molybdenum, copper, lead, zinc and tungsten mineralization across the concessions.”

Dr. Douglas Oliver, the chief geologist for Hemis Corporation, stated, “We wanted to get a handle of the dimensions of the breccia and determine if the anomalous gold values seen at the surface continue at depth. All of our holes hit gold mineralization throughout the breccia, even ELT-002. Four of the five holes hit potentially economic quantities of gold and silver. The presence of copper and molybdenum was a bonus we weren’t expecting.”

The results for holes ELT-006 and ELT-007 are still pending, the company remarked that the Hole ELT-008 that tested the Eastern High breccia is outstanding. The project is focused on expanding the surface sampling, mapping, and integrating the drill with the surface data to plan the next round of drilling.

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