Calgary, AB 10/10/2007 5:45:00 PM
News / Finance

(OTCBB: GXPI) Phase one diamond drill program to provide 2000 meters of core sample

Stocks to Watch: Gemini Explorations, Inc.  (OTCBB: GXPI), PhotoWorks®, Inc. (OTC BB:PHTW) , MobiClear Inc.  (OTCBB:MBIR), Emmis Communications Corporation (Nasdaq:EMMS) , NewMarket Technology, Inc.  (OTC BB:NMKT)

 

Featured Stock: Gemini Explorations, Inc.

(OTCBB: GXPI)

Current Price (0.14)

www.SmallCapStockAnalyst.com

 

 

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

Suite 103, 240-11th Ave SW

Calgary, AB T2R 0C3

 

www.geminiexploration.com  email: info@geminiexploration.com

 

IR info: 1 877 700 1644

      

Source: Gemini Explorations, Inc.

 

 

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PhotoWorks®, Inc.

(OTC BB:PHTW)

Current Price (0.25)

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SEATTLE--Oct 9--PhotoWorks®, Inc. (OTCBB:PHTW - News), an Internet-based personal publishing company and photography community, and Qualex, Inc., Kodak's global photofinishing and photo products company, today announced an industry-leading relationship to combine the world-class position of Kodak with the heritage and unique one-stop market approach of PhotoWorks.             PhotoWorks®, Inc. is an Internet-based personal publishing company and photography community. The company's web-based services allow PC and Mac users to share and store their digital photos, host personalized My Share Web pages, sell one-of-a-kind products through My Storefront, join photo communities, and create hardbound photo books, customized greeting cards, calendars, prints and other photography-sourced products. Formerly known as Seattle Film Works, PhotoWorks has a 30-year national heritage of helping photographers share and preserve their memories with innovative and inspiring products and services. More information on the Company is available at www.photoworks.com.

 

MobiClear Inc.

(OTCBB:MBIR)

Current Price (0.03)

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DOVE CANYON, Calif.--Oct 9--MobiClear, Inc.'s (OTCBB: MBIR - News; Deutsche Borse: B3CA) Board of Directors has appointed Simoun Ung as a Director. Mr. Ung, 40, will serve as a member of the Board until the shareholders of MobiClear duly elect his successor.              MobiClear specializes in electronic Personal Identification Verification (PIV) solutions in connection with credit/debit card transactions. MobiClear's multi-gateway solution (U.S. patent pending) offers proactive security in all forms of electronic business environments including internet shopping, business-to-business procurement transactions and retail shopping with credit/debit cards.

 

Emmis Communications Corporation

(Nasdaq:EMMS)

Current Price (5.13)

www.SmallCapStockAnalyst.com

INDIANAPOLIS, Oct. 8 -- Legendary radio station WIBC announces that beginning Jan. 7, 2008, its programming will be separated, with 93.1 FM becoming WIBC-FM and broadcasting a news/talk format, and 1070 AM broadcasting an all-sports format as an ESPN affiliate. The transition period begins at noon Eastern today, when 93.1 FM kicks off "93 Days of Christmas," a format of holiday music.             Emmis Communications Corporation, a diversified media company, engages in radio broadcasting and magazine publishing primarily in the United States. As of February 28, 2007, the company owned and operated 7 FM radio stations serving New York, Los Angeles, and Chicago, as well as 14 FM and 2 AM radio stations in Phoenix, St. Louis, Austin, Indianapolis, and Terre Haute. It also owns and operates a network of radio stations in the Flanders region of Belgium, owns a national radio network in Slovakia, as well as holds a 59.5% interest in a national radio station in Hungary, and 60% interest in two national radio networks in Bulgaria. The company's publishing operations consist of Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Tu Ciudad, and Country Sampler and related magazines. It also engages in various broadcasting business, such as consulting, broadcast tower leasing, and operating a news information radio network in Indiana. The company was founded in 1981 and is headquartered in Indianapolis, Indiana.

 

NewMarket Technology, Inc.

(OTC BB:NMKT)

Current Price (0.22)

www.SmallCapStockAnalyst.com

DALLAS, TX--Oct 9, 2007 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) today announced that CEO Philip Verges will be presenting at the 15th Annual Telecom Operators of Small States Forum on November 8, 2007. The forum, being held at the Isle of Man, is an opportunity for NewMarket to explore private-public partnership opportunities for broadband telecom and other emerging communication technologies with the telecom operators of small states. Previous conferences have been attended by representatives of Malta, Luxembourg, Greenland, Cyprus and Gibraltar, among others.                   NewMarket Technology was recently announced as the fastest-growing technology company in the Dallas-Fort Worth (DFW) area for the second year in a row on the Metroplex Technology Business Council's (MTBC) Tech Titan Fast 50, compiled by Deloitte. NewMarket is the only company to be ranked number one more than once on the Tech Titan Fast 50. This is the fourth year in a row the company has been named to the Tech Titan's list. The Tech Titan Fast 50 recognizes the 50 fastest-growing technology companies in the DFW area, based on percentage revenue growth over five years (2002 to 2006) as well as percentage revenue growth over one year (2005 to 2006). The Tech Titans Award Ceremony was held Saturday, September 29th. For more information on the Tech Titan awards, please visit http://www.metroplextbc.org/techtitans/index.html.

 

 

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