Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Jupitermedia Corporation (Nasdaq: JUPM), Superclick, Inc (OTC BB:SPCK) , Deep Down, Inc. (OTC BB:DPDW), GoldMountain Exploration (OTC BB:GMEX)
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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Jupitermedia Corporation
(Nasdaq: JUPM)
Current Price (6.57)
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NEW YORK--Oct 3--mediabistro.com (www.mediabistro.com, a division of Jupitermedia Corporation, Nasdaq: JUPM), announced the launch of "360* Daily Angle," a joint video blog with NYC TV, the largest source of original programming about New York City lifestyle, culture, entertainment and history, and the official television network of the City of New York. "360* Daily Angle," hosted, created and produced by Amy Palmer of NYC TV fame, will feature top stories in the world of media and entertainment news, providing insights into the world of television and film, advertising, video games, new media and more. "360* Daily Angle" will premiere new content each weekday Monday through Friday, and be available on mediabistro.com/fishbowlny and nyc.gov/tv. The daily video blog will also be syndicated across the Web. Jupitermedia Corporation provides images, original online information, and research for information technology (IT), business, and creative professionals primarily in the United States. The company operates in three segments: Online Images, Online Media, and Research. The Online Images segment offers subscription-based graphics resource on the Web with clipart images, animations, photos, fonts, and sounds under various brands, including BananaStock, Brand X, FoodPix, Botanica, Nonstock, The Beauty Archive, Comstock Images, Creatas Images, PictureQuest, Liquid Library, Thinkstock Images, Thinkstock Footage, Bigshot Media, Goodshoot, ITStockFree, Stock Image, Pixland, Photos.com, Ablestock.com, PhotoObjects.net, Clipart.com, and AnimationFactory.com. It has approximately seven million images online serving creative professionals. The Online Media segment operates four online networks comprising internet.com and EarthWeb.com for IT and business professionals; DevX.com for software and Web developers; and Graphics.com for creative professionals. The Research segment involves in market research and advisory business, specializing in business and technology market research. This segment provides business and technology market insight, and data and objective analysis for end-user and vendor companies. It offers two main product lines, syndicated research and custom research and consulting. Jupitermedia was founded in 1999 and is based in Darien, Connecticut.
Superclick, Inc
(OTC BB:SPCK)
Current Price (0.20)
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SAN DIEGO, Oct. 3, 2007 -- Superclick, Inc. (OTC BB:SPCK.OB - News), a technology leader in IP infrastructure solutions to the hospitality industry, announced this morning that Wendy Borow-Johnson has joined its board of directors. Ms. Borow-Johnson will bring a tremendous background in media and marketing to the board and will work actively in a consultative role with the management to further develop the company's MDS product offering. Superclick, Inc. (OTC BB:SPCK.OB - News), through its wholly owned, Montreal-based subsidiary Superclick Networks, Inc., develops, manufactures, markets and supports the Superclick Internet Management System (SIMS(tm)), Monitoring and Management Application (MAMA(tm)) and Media Distribution System (MDS(tm)) in worldwide hospitality, conference center and event, multi-tenant unit (MTU) and university markets. Current clients include MTU residences and Candlewood Suites(r), Crowne Plaza(r), Four Points by Sheraton(r), InterContinental Hotels Group PLC(r), Hilton(r), Holiday Inn(r), Holiday Inn Express(r), Hampton Inn(r), Marriott(r), Novotel(r), Radisson(r), Sheraton(r), Westin(r) and Wyndham(r) hotels in Canada, the Caribbean and the United States.
Deep Down, Inc.
(OTC BB:DPDW)
Current Price (1.00)
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HOUSTON, Oct. 3 -- Deep Down, Inc. (OTC Bulletin Board: DPDW - News) announced today that it has secured over $22 million in drilling riser flotation contracts for Matrix Asia Pacific Pty Ltd of Perth, Australia, and expects to close over $8 million in additional contracts within the next couple of weeks. Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support services, custom fabrication and storage management services for the offshore subsea control, umbilical, and pipeline industries. The company fabricates component parts of subsea distribution systems and assemblies that specialize in the development of subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others. Deep Down provides these services from the initial field conception phase, through manufacturing, site integration testing, installation, topside connections, and the final commissioning of a project. The Company's ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.
GoldMountain Exploration
(OTC BB:GMEX)
Current Price (0.25)
www.WallstreetStockReview.com
TORONTO---Oct 3, 2007 -- GoldMountain Exploration (OTC BB:GMEX.OB - News) (Frankfurt:F2B.F - News) ("GoldMountain" or the "Company") would like to update shareholders on the new company head office, phone number, and company website.The new company website can be found at www.GoldMountainCorp.com. Included on the new site is a group of new magnetic resonance images from the Yoquivo Gold-Silver Project, Chihuahua State, Mexico. As of September 2007, the company's corporate office is now located at First Canadian Place, 100 King Street West, Suite 5700, M5X 1K7. The new contact number for the company is (416) 915-3126 and the fax number is (416) 915-3127. GoldMountain's corporate website can be found at www.GoldMountainCorp.com. Details of the Yoquivo Au-Ag Property can be found under the Projects section of the website. A detailed PowerPoint presentation is also available on the company home page under the Quick Link section. Shareholders are advised to sign up to the company e-mail distribution list in order to stay up to date with company developments.
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