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Hemis Corp. (HMSO.OB) Reports Positive Updates on El Tigre Project

Hemis Corporation’s El Tigre project it located in eastern Sonora, Mexico, and is currently under the process of its initial drilling phase. The team is drilling the sixth hole of eight.

So far, all five of the completed holes have shown signs of mineralization. The chief geologist and drill supervisor at El Tigre, Dr. Douglas Oliver, commented on the second hole as having gorgeous rocks. He stated, “A continuous intercept of over 80 meters shows signs of being strongly mineralized.”

Signs of molybdenite were also found during the exploration. Initially, Hemis considered the El Tigre property as only having potential for gold, but the strong possibility of molybdenum bearing-veins are encouraging.

Hemis is expecting the complete results on the first hole from the ALS Chemex lab this week. The additional reports on the other holes are expected in the coming weeks.

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