Hemis Corporation El Tigre Drill Program and Exploration Update
06 Juin 2007 - 12:05AM
PR Newswire (US)
LAS VEGAS, June 5 /PRNewswire-FirstCall/ -- Hemis Corporation
(Hemis) (OTC Bulletin Board: HMSO; Frankfurt: XZA) is an
international resource company with three advanced stage
exploration properties in Mexico and one in Alaska. Hemis' Santa
Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc.
(TSX: G; NYSE: GG) through its Mexican subsidiary Glamis
Exploration. El Tigre is Hemis' gold exploration project in eastern
Sonora, Mexico. The project is currently undergoing an initial
phase of diamond drilling. Currently, the team is drilling the
sixth hole of an initial program of eight core holes, each hole
having an average depth of approximately 200 meters. The initial
phase of drilling is intended to test several gold-bearing breccia
zones. Without exception, the completed holes show signs of
mineralization. Broad intercepts showing signs of brecciated,
silicified and/or sulfide-bearing zones have been logged. Dr.
Douglas Oliver, the chief geologist and drill supervisor at El
Tigre, stated that the second hole looked particularly good. "The
rocks are gorgeous. A continuous intercept of over 80 meters shows
signs of being strongly mineralized," Dr. Oliver stated. In
addition, strong signs of the mineral molybdenite was noted below
the mineralized breccias in hole number two. 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
deeper and be older than the rhyolite. Also, the granite is
extensively fractured with pyrite covering the fracture surfaces.
It is hoped that molybdenite will replace the pyrite at depth.
Samples of the El Tigre drill core are currently being assayed at
the ALS Chemex lab in Hermosillo, Mexico. Hemis is expecting the
results from the first hole this week with the results of
additional holes to be received on a weekly basis going forward.
About Hemis Corporation 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
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 Hemis resource investment unit
is actively reviewing other natural resource companies for joint
ventures and investment. Hemis is incorporated in Nevada, USA with
its head office in Zurich, Switzerland and North American corporate
communications representatives in Canada and the United States. Led
by an experienced team of exploration geologists and financial
professionals, this company has extensive international capital
markets experience and proven track records. The statements
contained herein which are not historical are forward- looking
statements that are subject to risks and uncertainties that could
cause actual results to differ materially from those expressed in
the forward- looking statements, including, but not limited to,
certain delays beyond the company's control with respect to
commencement of drilling operations, suggested concentrations in
any mineral deposits, delays in testing and evaluation of ore
samples, and other risks detailed from time to time in the
company's filings with the Securities and Exchange Commission.
Hemis Corporation Norman Meier +41 43 355 0228 President
http://www.hemiscorporation.com/ Hudson Capital +1-604-662-3910
Investor Relations http://www.hudsoncapital.ca/ DATASOURCE: Hemis
Corporation CONTACT: Norman Meier, President of Hemis Corporation,
+41 43 355 0228, or Investor Relations, Hudson Capital,
+1-604-662-3910, for Hemis Corporation Web site:
http://www.hemiscorporation.com/
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