Calgary, AB 10/26/2007 6:15:00 PM
News / Finance

October's Featured Stock: Gemini Explorations, Inc(OTC BB: GXPI)

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)

www.WallStreetStockReview.com

 

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, 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.

 

For an in-depth analyst report, please visit: www.WallStreetStockReview.com

 

IceWEB Inc.

(OTC BB:IWEB)

Current Price (0.60)

www.SmallCapStockAnalyst.com

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 Herndon, VA, and serves customers in the public and private sectors. For more information, please visit http://www.IceWEB.com or http://www.IceMAIL.com.

 

IAS Energy, Inc.

(OTC BB:IASCA)

Current Price (1.08)

www.SmallCapStockAnalyst.com

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 Canada, he was president of Samabill Transworld Investments Inc., which was in investment consultancy. In 1990, he purchased Soficomex Development Corp. in Canada. As their president from 1990 to 1996, he developed the company into a major Airline Consolidator in Eastern Canada with a client base of more than 250 travel agencies across Eastern Canada. His businesses have been focused on business advancement through technical edges. He has been an avid computer user with a creative mind for computer applications.

 

US Farms, Inc

(OTC BB:USFI)

Current Price (0.45)

www.SmallCapStockAnalyst.com

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 United States and Canada. Through internal growth and strategic acquisitions the company is expanding its market share in its nursery and specialty produce businesses. Currently the company has subsidiaries which provide a full range of products including Aloe Vera, Cactus, Succulents, Jade, Rare and Exotic Palm Trees and Cycads along with produce products that include Aloe Vera, Asparagus, Tomatoes and Garlic.

 

Corgenix Medical Corporation

(OTC BB:CONX)

Current Price (1.08)

www.SmallCapStockAnalyst.com

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 Orange County Convention Center in Orlando, FL.              Corgenix is a leader in the development and manufacturing of specialized diagnostic kits for immunology disorders, vascular diseases and bone and joint disorders. Corgenix diagnostic products are commercialized for use in clinical laboratories throughout the world. The company currently sells over 50 diagnostic products through a global distribution network. More information is available at www.corgenix.com.

 

 

 

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