Hemis Announces Additional El Tigre Drill Results
14 Août 2007 - 1:00PM
PR Newswire (US)
LAS VEGAS, Aug. 14 /PRNewswire-FirstCall/ -- Hemis Corporation (OTC
Bulletin Board: HMSO; Frankfurt: XZA) is an international resource
company with three exploration properties in Mexico and one project
in Alaska. Hemis' Santa Rita property in Mexico has an Earn-In
Agreement with GoldCorp Inc. (NYSE: GG; TSX: G) through GoldCorp's
Mexican subsidiary, Glamis Exploration. Hemis is pleased to
announce additional assay results from the drilling program on its
El Tigre gold exploration project in eastern Sonora, Mexico. The
initial phase of diamond drilling was recently completed on this
project and new assay results have been received for drill holes
ELT-002 to ELT-005. The results for ELT-001 have already been
reported. Significant Drill Results - Interval Width Grade - Grade
- Grade - Grade - Au Ag Mo Cu ELT-001 - 16 to 32 meters 16 meters
0.033% 42 to 70 meters 28 meters 0.758 gr/T 5.92 gr/T ELT-002 -
ELT-003 - 32 to 34 meters 2 meters 3.090 gr/T 5.20 gr/T 0.061%
ELT-004 - 36 to 44 meters 8 meters 1.090 gr/T 52 to 58 meters 6
meters 1.095 gr/T 8.10 gr/T 0.063% ELT-005 - 22 to 54 32 meters
0.739 gr/T 6.07 gr/T 0.264% Holes ELT-001 to ELT-005 were drilled
within the El Tigre Monument breccia zone at an angle of -60
degrees. All of the holes were successful in intersecting the
breccia. The core was cut, logged and photographed before sending
samples to the ALS Chemex facility in Hermosillo, Mexico. Hole
ELT-005 represented a departure from previous holes in that copper
mineralization was intersected. Veins of native copper were found
in the oxidized portions of the hole. "We may need to start
thinking of El Tigre as a poly-metallic project rather than a
strictly gold target," remarked project manager William Snoddy. "In
addition to gold and silver, we have seen molybdenum, copper, lead,
zinc and tungsten mineralization across the concessions." Dr.
Douglas Oliver, the chief geologist for Hemis Corporation, remarks
that the initial drilling of the El Tigre Monument breccia zone has
met all of its objectives. "We wanted to get a handle of the
dimensions of the breccia and determine if the anomalous gold
values seen at the surface continue at depth. All of our holes hit
gold mineralization throughout the breccia, even ELT-002. Four of
the five holes hit potentially economic quantities of gold and
silver. The presence of copper and molybdenum was a bonus we
weren't expecting." Results are still pending for drill holes
ELT-006 and ELT-007 that tested the Main Pit breccia zone. Hole
ELT-008 that tested the Eastern High breccia is also outstanding.
Ongoing work at El Tigre is focused on expanding the surface
sampling and mapping, and integrating the drill with the surface
data to plan the next round of drilling. "El Tigre is proving to be
more complicated that we initially thought," Dr. Oliver stated.
"But it's complicated in a good way." 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 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. 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, concentration in mineral
deposits, delays in testing and evaluation of ore samples, and
other risks detailed from time to time in Hemis' 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
Investors, Hudson Capital, +1-604-662-3910, for Hemis Corporation
Web site: http://www.hemiscorporation.com/
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