Hemis Corporation (HMSO.OB) reports exploration progress at the Anchor Gold project is in the Cook Inlet of Alaska.
This project is one of Hemis’ premium exploration properties. It is believed that due to the size of the project area, it could have great potential.
A preliminary oceanographic survey was begun recently at the site. On board instrumentation included a high-precision cesium magnometer, a fathometer, side-scan sonar and a StrataBox®. The StrataBox is an instrument capable of imaging through sediments up to 40 meters thick.
The survey boat used a GPS control system and also had a bottom sampler on board. This survey was intended to both confirm the results of Aspen Exploration’s previous work and to provide baseline information for a drilling program planned for later in the 2007 exploration season.
The oceanographic survey indicated that the water depth in the area of interest was less than 10 meters in many of the areas of interest. This is an ideal water depth from the standpoint of future exploration. The magnetometer survey confirmed the position and strength of airborne magnetic surveys taken twenty years ago by Aspen Exploration. Dr. Douglas Oliver, the chief geologist for Hemis Corporation, commented that this was a primary goal of the program. “Magnetite and gold often occur together in placer deposits because of their density. Verifying the off-shore magnetic anomalies is a big step forward in advancing this project,” Dr. Oliver stated.
Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. Hemis Corporation is comprised of both a resource division and a resource investment unit. Hemis’ high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment.
Let us hear your thoughts below: