Hemis Corporation HMSO Archives

MondayJun 18, 2007 3:29 pm

Hemis Corporation (HMSO.OB) Reports Potentially Ore-Grade Mineralization with First Drill-hole Results from El Tigre

Hemis Corporation (HMSO.OB) reported the first drill results from its El Tigre gold exploration project in eastern Sonora, Mexico. The project is currently undergoing an initial phase of diamond drilling. The initial drill holes have been on its El Tigre breccia zone where surface sampling had revealed promising gold values over a broad area. Hole ELT-001 was drilled at an angle of -60 degrees. It cut a zone of silicified breccia containing pyrite from the surface to 85 meters. For the interval from 42 to 70 meters the samples averaged 0.758 gr/T of gold. Because the geometry of the El Tigre…

MondayJun 18, 2007 5:28 am

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

Hemis is pleased to announce its drill results for the El Tigre gold exploration project which is currently in its initial phase of diamond drilling. The drill holes have revealed promising gold values over a large area in the El Tigre breccia zone. The chief geologist of Hemis commented on the significance of the great results, “Obviously, we are pleased. We have always been impressed with the potential of this project. To hit potentially ore-grade mineralization in the first hole exceeds our expectations.” Molybdenum was also found in tourmaline granite. The company knew that Molybdenum existed at the El Tigre project, but…

WednesdayJun 13, 2007 12:17 pm

Hemis Corp. (HMSO.OB) Updates Investors on the Anchor Gold Project

On August 9, 2006 Aspen and Hemis entered into a partnership which detailed that Aspen would provide Hemis with exploration information gathered in and around Cook Inlet, Alaska along with Aspen’s pending Offshore Prospecting Permit applications. In exchange, Aspen has been paid $50,000, and will be paid $50,000 on each anniversary until production is initiated. The Anchor Gold project is one of Hemis' premium exploration properties which could bring tremendous revenues to the company. On June 8 of this year, Hemis announced that it began a preliminary oceanographic survey which was planned to utilize a high-precision cesium magnetometer, a fathometer,…

TuesdayJun 12, 2007 1:04 pm

Hemis Corporation (HMSO.OB) Begins Alaska Gold Oceanographic Survey

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…

FridayJun 08, 2007 4:30 am

Hemis Corp. (HMSO.OB) Begins Exploration Project in Alaskan Property

Hemis’ Anchor Gold project in the Cook Inlet of Alaska is one of their premium exploration properties. The many acres included in the property offer great potential. Last week, a preliminary oceanographic survey began which utilized a cesium magnometer, a fathometer, side-scan sonar, and a StrataBox. The survey was begun to confirm the results of Aspen Exploration's previous work, and to provide basic information for a planned drilling program. In many of the key areas, the oceanographic survey found that the water depth was less then 10 meters; this is an ideal water depth for future exploration. The primary objective…

ThursdayJun 07, 2007 3:25 pm

Hemis Corporation (HMSO.OB) Drilling at the El Tigre Project in Eastern Sonora, Mexico

Hemis Corporation (HMSO.OB) recently reported the start of drilling at its El Tigre Project in eastern Sonora, Mexico. Cabo Drilling Corporation of Vancouver has been awarded a contract for 3,500 meters of diamond drilling at El Tigre. The drilling is being conducted by its Mexican subsidiary, Cabo Drilling de Mexico S.A. de C.V. Surface exploration at El Tigre has discovered multiple zones of gold- bearing breccias. Dr. Douglas Oliver, Chief Geologist for Hemis states, "The intent of the drilling is to understand the three-dimensional geometry of these breccia zones. Naturally, we also want to know if the potentially ore-grade mineralization at the…

WednesdayJun 06, 2007 11:58 am

Shares of Hemis Corporation (HMSO.OB) are Advancing Up 7.95% Percent Today, as the Company Recently Expanded its Land Holdings with La Centela

Hemis Corporation (HMSO.OB) reports that it has recently expanded its El Tigre land holdings through the acquisition of concessions called La Centela. La Centela consists of six concessions that are adjacent to El Tigre, Hemis' advanced stage exploration property. The area is very similar to El Tigre due to the presence of broad zones of breccia developed in volcanic rhyolite. Surface samples have been analyzed by ALS ChemEx resulting in the identification of several primary target areas where the breccias coincide with gold mineralization. One particular breccia zone identified by Hemis averaged 2.6 g/T of gold. The La Centela concession is…

WednesdayJun 06, 2007 11:50 am

Hemis Corp. (HMSO.OB) Has a Well Rounded Portfolio which is Sure to Succeed

The company's flagship project in Alaska is believed to be the most significant property by the management team, but their other projects also hold great promise for large future revenues. Hemis recently reported that all five drillings in the El Tigre property have yielded signs of mineralization. The second hole drew thee chief geologist's attention; he commented, “The rocks are gorgeous. A continuous intercept of over 80 meters shows signs of being strongly mineralized.” Let us hear your thoughts below:

WednesdayJun 06, 2007 7:27 am

Hemis Corp. (HMSO.OB) Signed an Earn-In Agreement with the World’s Second Largest Gold Company

Hemis was pleased to announce this year that it signed a joint-venture property agreement with Goldcorp to explore the Santa Rita property. The property is located in Sierra Madre Oriental which is near the Concepcion del Oro mining district. The area has a great history of producting an estimated 250 million ounces of silver and 1.5 million ounces of gold. Norman Meier, President of Hemis Corp., stated, "With the advance towards production at Goldcorp's Peñasquito mine we are extremely pleased to have a company of Goldcorp's reputation and experience working our landholdings in Mexico. The progress at Santa Rita is extremely…

WednesdayJun 06, 2007 6:57 am

Hemis Corporation’s (HMSO.OB) El Tigre Project in Mexico has Potential “MollyB” Bonus

New drilling and rock analysis at Hemis Corporation's (HMSO.OB) El Tigre Project in Mexico has uncovered a potential molybdenum bonus on the property. Hemis initially considered El Tigre to be strictly a gold target. However, several lines of evidence suggest that additional exploration for the mineral molybdenum porphyry is warranted at El Tigre. In addition to the strong possibility of molybdenum bearing-veins on the La Centela concessions, multiple granite and rhyolite intrusions support the possible existence of a molybdenum porphyry system. Evidence for this was noted in drill hole two where inclusions of rhyolite porphyry occur in granite. Normally granite would lie…

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