Hemisphere Gold Inc. has its operational base-camp up and running and satellite communications are the centerpiece of that communication system. This will allow the base camp to receive data with testing facilities in real-time.
Hemisphere has received the initial airborne geophysical survey from Terraquest. The survey consisted of magnetic and radiometric readings that are processed to highlight features that relate to geology and structure that can be related to controls on gold mineralization. This will allow excellent communication between Terraquest and the on ground/onsite team so the information can be integrated into the field program and data interpretation to assist in targeting gold mineralization.
An initial review indicates structural trends and intrusive related rock units that can be related to the sources of the extensive alluvial mining in the region. In addition, processed video images can pinpoint areas of small scale mining that are of interest and the elevation data provide the basis for a DEM topographic map. Remote surveys, like this airborne survey, are essential exploration tools in this deeply weathered environment with poor exposures of rock. The data are being interpreted by Company geologists and will also have 3-D processing using geophysical programs to further highlight targets that relate to gold deposits.
The camp also houses the exploration crews and serves as a base for security personnel who are working to keep the property secure. As the exploration grows, the camp has the facilities to increase its capabilities and add additional workers.
HPGI has also added a number of ATV’s and vehicles to its ground fleet, providing crews with the ability to operate over greater distances. HPGI is also building ATV and Four wheel drive road ways on the concession to further provide access to valuable testing areas.
Source: Hemisphere Gold
3504 35th Ave SW
Calgary, Alberta T3E IA5 Canada
IR Contact: Barry Reagh
Phone: (888) 548-8444
Email: ir@hemispheregold.com
Website: http://www.hemispheregold.com
About Hemisphere Gold Inc. is in the business of exploration and acquisition of gold properties in some of the world’s best gold districts. The Company’s objective is to take advantage of high-yielding untapped mineral producing properties through exploration and acquisition. The Company’s flagship property is in Suriname, a democratic country which has had mining operations since the 1700s. Suriname is an emerging major gold producer with international companies showing interest. Hemisphere is committed to maintaining environmental stewardship, occupational safety and corporate responsibility.
This release may contain forward-looking statements which are pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company’s financial condition and prospects, risks associated with mining exploration, risks of governmental legislation and regulation, risks associated with technological changes, risks associated with dependence on third parties, risks relating to international operations, delays in testing and evaluation of products and risks associated with competition.
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Pentony Enterprises LLC, the publisher of this website, was compensated 12,000 U.S. dollars by Haynes Capital Corp. Slovakia s.r.o. (hereinafter “Haynes”) for preparing and hosting the information contained on this website. Ocean Eclipse Ltda. (hereinafter “Ocean”), a corporation organized under the laws of Costa Rica paid Haynes 60,000 U.S. dollars to produce and distribute a financial newsletter and to publicize the gold industry and Hemisphere Gold Inc. (”HPGI”), a Nevada corporation, using one or more websites. Haynes has not received any information indicating that Ocean owns any shares of HPGI. In addition, on March 29, 2007, Haynes entered into a contract with HPGI under which Haynes shall perform media relations and awareness consulting services for HPGI and HPGI shall pay Haynes 3,000 U.s. dollars per month. The term of this contract is 3 months and shall be automatically extended for 1 month terms until terminated by either party.
Haynes does not own any common shares of HPGI and does not intend to purchase or sell any common shares of HPGI in the immediate period following the publication of information pertaining to HPGI on this website. However, because Haynes received compensation for assisting HPGI engage in media relations and awareness marketing, and HPGI has in turn received compensation from Haynes, there is an inherent conflict of interest in any statements and opinions contained in this website and such statements and opinions cannot be considered independent.