Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Seamless Wi-Fi, Inc. (OTCBB: SLWF), Titan Energy Worldwide, Inc. (OTC BB:TEWI) , Neptune Industries, Inc. (OTC BB:NPDI) , Commerce Planet, Inc. (OTCBB:CPNE)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.09)
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Gemini Explorations Inc. Updates Sampling Program From the Los Chorros Gold Mine Project
Wednesday October 3, 2:30 am ET
CALGARY, AB----Oct 3, 2007 -- Gemini Explorations Inc. ("Gemini") (OTC BB:GXPI.OB - News) is pleased to report that Minera Primecap Geological Services (MPGS) expects additional sampling results from the Los Chorros Gold Project to be available in the next ten to fourteen days. Gemini recently reported vein sample results from Los Chorros of 6.4 g/tonne Au to 190.6g/tonne Au on September 19, 2007. The Los Chorros Mine is a producing gold property in the El Bagre-Zargoza mining district, department of Antioquia, Colombia.
The sampling program continues to focus on extending the known mineralized zone of the Los Chorros Gold Mine. The vetiforme mineralization is represented by a vein with a thickness of 1,00mt/average that fits in sericitization schist quartz and graphite with general direction that varies from N30°-45°W/40°-48°SW constituted by quartz with sulfides, mainly pyrite, chalcopyrite, abundant galena, estibina and bornita in a percentage that varies between 60% and 80% locally.
The Los Chorros Mine is currently being mined with extremely antiquated equipment and this report further solidifies Gemini's belief that the project could be turned into a highly efficient producing gold project with low capital costs. Current mining operations at Los Chorros recover a low percentage of the available gold and precious metals present on the property. Gemini's plans are to build a modern processing facility at Los Chorros with far greater recovery rates of the gold and other precious metals present. Gemini is working closely with RMS-Ross Corporation, a designer, manufacturer and distributor of an extensive range of quality mining machinery, to design a modern, highly efficient processing and gold recovery system for Los Chorros. The plant would initially run at 30 to 50 tonnes/day with production doubling every 90 days during the first year. MPGS geologist Juan Restrepo reported that 50 tonnes per day production yielding an average grade of 12 grams per tonne Au (gold) would produce U$ 3,125,000 per year and a 100 tonne per day production rate would produce over U$ 6,250,000 of net cash flow after all costs. MPGS estimates that production in the second year could increase to a 300 tonnes per day yielding U$ 18,750,000 net cash flow to the company. These estimates are based on U$650 per ounce gold with U$200 per ounce operating and production costs netting U$450 per ounce. Gemini has purchased an 80 percent controlling interest in the mine and has secured first rights of refusal on the remaining 20 percent interest.
The principal exposed vein in the Los Chorros working tunnels measures up to 2 meters thick and dips down at 45 degrees. Visible sulphides and massive sulphides are exposed and run from 2% up to 70%. Visible gold is present and samples assayed along a 30 meter section of the principal vein exposed between 2 faults returned values between 15 grams/tonne Au and 250 grams/tonne Au. The Los Chorros Mine presents an excellent opportunity for Gemini to take advantage of the near record high gold bullion prices and provides an internal source of cash flow to fund its ongoing development and exploitation of its wholly owned La Planada Gold Project, a potential multi million ounce gold deposit in southern Colombia.
Historically one of the largest gold producing countries in the world, Colombia's vast mineral potential has remained virtually unexplored using modern exploration and mining techniques. The Department (Province/State) of Antioquia alone produces over 1,000,000 ounces of gold per year currently, and most of it is produced from antiquated production equipment and facilities. Driven by a new era of political and economic stability and an investment-friendly mining code, Colombia has emerged as one of the resource sector's most attractive new mining frontiers.
Contact:
Michael Hill
President
Gemini Explorations Inc.
Suite 103, 240-11th Ave SW
Calgary, AB T2R 0C3
http://www.geminiexploration.com
email: info@geminiexploration.com
IR info: 1 877 700 1644
Source: Gemini Explorations Inc.
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Seamless Wi-Fi, Inc.
(OTCBB: SLWF)
Current Price (0.0003)
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LAS VEGAS, NV----Oct 3, 2007 -- Seamless Wi-Fi, Inc. (OTC BB:SLWF.OB - News) today announced the following information regarding: (1) the reception of the Company's products at ASIS International 2007; (2) progress of the stock distribution to Seamless Wi-Fi shareholders; and (3) the Company's pursuit of Federal Communications Commission ("FCC") certification for the S-XGen(TM). Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company listed on the OTCBB under the symbol SLWF. Seamless develops and markets cutting-edge internet communications products and services through its three operating subsidiaries: Seamless Skyy-Fi, Inc. (www.skyyfi.com), Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) and Seamless Internet (www.seamlessinternet.com). Seamless Internet also provides secure hosting services for all Seamless company clientele.
Titan Energy Worldwide, Inc.
(OTC BB:TEWI)
Current Price (1.09)
www.SmallCapStockAnalyst.com
SAN DIEGO, CA----Oct 3, 2007 -- Titan Energy Worldwide, Inc. (OTC BB:TEWI.OB - News) announced today that the Company has opened a private placement of the Company's stock in an effort to raise as much as $10 million of cash. The Company plans to use the proceeds from this offering to reduce its debt, to potentially acquire one or more targeted companies, and to provide inventory and operational funds. Titan Energy Development, Inc., which has developed and manufactures the mobile utility system the Sentry 5000; and Stellar Energy Services, Inc., an authorized dealer and service provider for Generac Power System generators. The site also provides stock and investor information on the company as well as technical and sales information on company products and services. The Titan Sentry 5000 offers maximum disaster recovery at the lowest possible cost. The system provides up to 80 hours of self sufficient emergency power generation (dependent on load utilization) before refueling. It allows for mobile deployment and supports emergency power generation, water purification, satellite voice & data communication, emergency area lighting, space conditioning (heat or cooling) and offers 50kW+ additional power capacity.
Neptune Industries, Inc.
(OTC BB:NPDI)
Current Price (0.43)
www.SmallCapStockAnalyst.com
BOCA RATON, FL----Oct 3, 2007 -- Neptune Industries, Inc. (OTC BB:NPDI.OB - News), a holding company with diversified interests in aquaculture technology, food science, sustainable seafood, and related natural and organic food products, announced today that Everglades Striped Bass(TM) from its Blue Heron Aqua Farms, LLC subsidiary was featured at the New England Aquarium's Celebrate Seafood Dinner Series for sustainable seafood on Tuesday, September 25, 2007. Everglades Striped Bass was also featured as the New England Aquarium's "Fish of the Month" for ocean-friendly seafood choices. Based in Boca Raton, Florida, Neptune Industries, Inc. has developed a scalable, modular aquaculture technology called Aqua-Sphere(TM) and Aqua-Cell(TM) that successfully address the environmental concerns of most aquaculture operations by controlling and recycling all waste products, while insuring the production of the highest quality fish at an affordable price. The company currently operates the Blue Heron Aqua Farms in Florida City, FL and is a leading producer of hybrid striped bass, which it markets internationally as Everglades Striped Bass(TM). The company's current production at its Blue Heron farm, and future production with Aqua-Sphere(TM) System technology, are intended to target the organic market as soon as organic certification of farm-raised seafood becomes available. The Company is also in development of an advanced dietary nutritional component called Ento-Protein(TM). Ento-Protein(TM) is a high quality sustainable protein derived from insects, and is intended to be a replacement for the scarce fish meal now used in fish and animal diets. For further information, please visit the Company's website at: www.neptuneindustries.net.
Commerce Planet, Inc.
(OTCBB:CPNE)
Current Price (0.68)
www.SmallCapStockAnalyst.com
GOLETA, Calif.--Oct 3--Commerce Planet, Inc. (OTCBB:CPNE - News) today announced that it has recently experienced an upward trend in their overall business. This growth is spurred by an increase in daily order volume. In addition to the increase in volume CPNE has diversified its core product mix over six top performing products. The product Online Supplier, which traditionally generated the majority of orders for CPNE, now ranks second on the list of performers, surpassed by their Cost Per Click advertising product. Commerce Planet, Inc. is an internet-based media company that offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, which includes Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc. and Interaccurate, Inc. In combination these services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services. To find out more about Commerce Planet, Inc. visit our website at www.commerceplanet.com.
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