Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), homeland Precious Metals Corp (OTC BB:HPMEF) , Coastal Banking Company Inc. (OTC BB:CBCO) , Avnet Technology Solutions, (NYSE:AVT) , Bullion River Gold Corp. (OTCBB:BLRV)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.14)
GEMINI EXPLORATIONS INC REPORTS ON LA PLANADA GOLD PROJECT DRILL PROGRAM
Phase one diamond drill program to provide 2000 meters of core sample
Calgary, AB-- October 10, 2007 --Gemini Explorations Inc, (“Gemini”) (OTCBB: GXPI) is pleased to report that it has finalized the drill program budgets for the upcoming phase one drilling program at Gemini’s wholly owned La Planada Gold Project. The detailed budget is based on a projected 2000 meter diamond drill program. Diamond drilling will allow detailed examination of vein and host rock, alteration patterns and structural elements. Sampling of core would be for gold, silver, copper and base metals. This work will create a more accurate estimate of grade and tonnage for the entire La Planada Gold project. Upon completion and review of this data, sites will be selected to test for new mineralized zones and for continuity of veins at depth.
The detailed project budget includes preparation of all drill pads, road work, equipment and tool costs, 2000 meters of diamond drilling, laboratory analysis, all personnel costs including food, housing and transportation. The total estimated cost of the phase one drill program is US$652,000, adding a contingency factor of 15% would bring the maximum projected total to US$749,000.
Minera Primecap Geological Services (MPGS) chief geologist Carlos Alberto Vera has personally directed his geological team as they prepare the drill targets. On September 24, 2007, Gemini released an updated overview of the La Planada Gold Project as prepared by Carlos Alberto Vera. The detailed update estimates La Planada may potentially contain over 3,150,000 troy ounces of gold with a potential gross deposit value of approximately $2,310,000,000 with gold trading at $735 per ounce.
Notice Regarding Forward Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that although Gemini Explorations, Inc believes the La Planada Gold Project has promising potential, the property is in the early stages of exploration. The project has yet to be shown to contain proven or probable mineral reserves. There can be no assurance that such reserves will be identified on the property, or that, if identified, mineralization may be economically extracted. Minera Primecap Geological Services does not accept responsibility for the use of project data or in the adequacy or accuracy of this release.Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2005 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Michael Hill,
President
Gemini Explorations, Inc
www.geminiexploration.com email: info@geminiexploration.com
IR info: 1 877 700 1644
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Homeland Precious Metals Corp
(OTC BB:HPMEF)
Current Price (0.24)
VANCOUVER, BRITISH COLUMBIA----Oct 8, 2007 -- Homeland Precious Metals Corp. (OTC BB:HPMEF.OB - News) is pleased to report that the previously announced Phase 1 Reverse Circulation ("RC") drill programs have commenced at its Water Canyon and Montgomery Pass projects, both located in Nevada.
Coastal Banking Company Inc.
(OTC BB:CBCO)
Current Price (18.50)
BEAUFORT, S.C., Oct. 9, 2007 -- Coastal Banking Company Inc. (OTC BB:CBCO.OB - News), holding company for Lowcountry National Bank in Beaufort, S.C., and First National Bank of Nassau County in Fernandina Beach, Fla., has hired Marsh Communications LLC to develop and execute an investor relations and public relations program for the company. Coastal Banking Company Inc., based in
Avnet Technology Solutions,
(NYSE:AVT)
Current Price (1.00)
GENEVA--Oct 8--Acrongenomics, Inc. (OTCBB:AGNM - News) and Molecular Vision, Ltd., are pleased to announce the presentation of a fully functional, portable medical diagnostic demonstrator on October 11th, at Molecular Vision's laboratory in London, UK. The standalone platform incorporates organic semiconductor detection technology in a high sensitivity, battery-powered handheld device, complete with LED display and self-referencing capability. Avnet Technology Solutions is an operating group of Avnet, Inc. (NYSE:AVT - News) representing US$6 billion in annual revenue for fiscal year 2007, with locations in more than 30 countries. As a global technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers. Visit www.ats.avnet.com.
Bullion River Gold Corp.
(OTCBB:BLRV)
Current Price (0.29)
RENO, NEVADA----Oct 8, 2007 -- Bullion River Gold Corp. (OTC BB:BLRV.OB - News) announces that an update to the previously completed Technical Report for the French Gulch operation, which conforms to NI 43-101 guidelines, has been completed and the previously reported resource estimate has been exceeded due to newly gathered information during the mining operation. The update was completed by Mr. John Jenks, an independent Qualified Person as described in NI 43-101, in conjunction with Bullion River Gold Corp. geological personnel. The resources reflect the inclusion of newly discovered vein structures in the Washington Vein Zone and an improvement of resource categories. Bullion River Gold Corp. is an American-based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the
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