Stocks to Watch: Gemini Explorations, Inc. (OTC BB:GXPI), IceWEB Inc. (OTC BB:IWEB), IAS Energy, Inc. (OTC BB:IASCA) , US Farms, Inc (OTC BB:USFI) , Corgenix Medical Corporation (OTC BB:CONX)
Featured Stock: Gemini Explorations, Inc
(OTC BB: GXPI)
Current Price: (0.11)
GEMINI EXPLORATIONS INC REPORTS FURTHER SAMPLING RESULTS FOR THE LOS CHORROS GOLD MINE
~Vein samples ranging up to 243 g/tonne Au with an average of 41.94 g/tonne Au ~
Calgary, AB --October 25, 2007 -- Gemini Explorations Inc, ("Gemini") OTCBB: GXPI, is very pleased to report further sampling results from the Los Chorros Gold Mine, a producing gold property in the El Bagre-Zargoza mining district, department of Antioquia, Colombia.
The vein samplings analyzed are of the continuous chip type along the principal vein with thickness varying between 0.20 m and 1.15 m and an average of 0.63 meters. The samples reported in Table 2 below ranged up to 243 g/tonne Au showing excellent consistency overall. 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 combined averages of the two reports to date are 41.94 g/tonne Au.
TABLE 2 Gold Content sampling made
ID Vein Thickness
(m) Wall Rock & Vein(m) Gold Content Au g/tonne
3021 0.45 1.04 12.11
3022 0.30 1.20 52.57
3023 0.25 1.04 60.21
3024 0.76 1.20 19.55
3025 0.55 1.12 22.53
3026 0.76 1.30 26.72
3027 0.80 1.30 8.29
3028 1.12 1.50 5.28
3029 0.45 1.15 15.23
3030 0.40 1.20 48.21
3031 0.59 1.10 76.41
3032 1.08 1.30 66.93
3033 0.60 1.15 0.00
3034 1.15 1.30 0.00
3035 0.40 1.00 14.15
3036 1.10 1.30 243.77
3037 Tailings 12.82
3038
Tailings 12.87
The results of the tailing samples could indicate that the veins carry a high percentage of free gold, although this situation must be confirmed later with further lab analysis.
Based on these new results Gemini will provide a detailed update of the Los Chorros Gold Mine production estimates in the coming days.
The Los Chorros Mine presents an excellent opportunity for Gemini to take advantage of the near record high gold bullion prices and provide an internal source of cash flow to fund its ongoing exploration programs and the 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,
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IceWEB Inc.
(OTC BB:IWEB)
Current Price (0.60)
HERNDON, Va.--Oct 25--IceWEB Inc., www.iceWEB.com (OTCBB:IWEB), and Midlands UK based ISV OfficeTalk Ltd. announced that they have partnered to launch a new business service to both enterprise and smaller UK and EU based companies under the name of OfficeTalk Relay. IceWEB, Inc., (OTC BB: IWEB - News), utilizes a hosted software services model that brings technologies normally reserved for large corporations to the small business customer. By subscribing to IceWEB's flagship products, IceMAIL and IcePORTAL small and medium sized businesses can now have the benefits of these more advanced software systems for a low 'pay as you grow' basis instead of being faced with large up-front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security. Founded in 2000, IceWEB is headquartered in
IAS Energy, Inc.
(OTC BB:IASCA)
Current Price (1.08)
HONG KONG & VANCOUVER, British Columbia--OCt 25--IAS Energy, Inc. (OTCBB:IASCA - News) is pleased to announce that the Company’s board of directors have appointed Samuel Kam as Vice President of Internet Development to oversee the website www.video1314.com. Samuel Kam has been in investment consultancy, business management, acquisition in real estate, trading, manufacturing and the travel industry between 1986 and 1995. From 1987 to 1992 in
US Farms, Inc
(OTC BB:USFI)
Current Price (0.45)
SAN DIEGO, CA----Oct 25, 2007 -- US Farms, Inc. (OTC BB:USFI.OB - News), a diversified commercial Farming and Nursery Company, today commented on the impact the recent firestorms in Southern California has had on current operations: US Farms, Inc. is a diversified agriculture company. The company has commenced the production and distribution of horticultural products through a number of subsidiaries. The horticultural products are sold through supermarkets, home centers, retail merchandisers, garden centers, re-wholesalers, and landscapers throughout the
Corgenix Medical Corporation
(OTC BB:CONX)
Current Price (1.08)
DENVER--Oct 25--Corgenix Medical Corporation (OTCBB: CONX - News), a worldwide developer and marketer of diagnostic test kits, has announced it will be exhibiting its new AspirinWorks® Test Kit at the American Heart Association Scientific Sessions 2007. The annual meeting takes place November 4 - 7 at the
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