Calgary, AB 11/20/2007 7:20:00 PM
News / Stocks

WallstreetStockReview.com Reveals (OTCBB: GXPI) Receives Expansion Joint Venture Proposal

 

Stocks to Watch: Gemini Explorations, Inc.  (OTCBB: GXPI), Sterling Mining Company (OTCBB: SRLM), CHDT Corporation (OTC BB:CHDO) , Power Group, Ltd (OTCBB: IPWG), Corgenix Medical  (OTC BB:CONX)

 

 

 

Featured Stock: Gemini Explorations, Inc.

(OTCBB: GXPI)

Current Price (0.17)

http://www.wallstreetstockreview.com/

 

 

GEMINI EXPLORATIONS INC RECIEVES JOINT VENTURE PROPOSAL TO EXPAND THE LOS CHORROS GOLD PROJECT

 

Calgary, AB --- November 20, 2007---Gemini Explorations Inc, (“Gemini”) OTCBB: GXPI, is pleased to report that it has received a joint venture proposal from concession holders adjoining the Los Chorros Gold Mine. The proposal would expand Gemini’s land position and increase the scale of the Los Chorros Gold project. Gemini had received a number of joint processing proposals and has now expanded those proposals to include ownership in the adjoining concessions. 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. The new joint  ownership and processing proposals in the adjoining mine concessions present an excellent opportunity for Gemini to increase revenue, expand mine life and accelerate the capital recovery costs of modernizing the Los Chorros mine. Gemini reported on November 5, 2007 that a 100 tonne per day production rate would produce US$1,080,280 monthly and over US$12,900,000 annually. These estimates are based on US$730 per ounce gold with US$200 per ounce operating and production costs netting US$530 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, the expectation of the gold production of the property to be acquired, the low capital costs to upgrade the Los Chorros operating plant, expanded mine life and  the assumed production and net cash flow.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 2006 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

 

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

 

IR info: 1 877 700 1644

 

 

 

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

 

Sterling Mining Company

(OTCBB: SRLM)

Current Price (3.55)

www.WallstreetStockReview.com

WALLACE, IDAHO----Nov 19, 2007 -- Sterling Mining Company (Toronto:SMQ.TO - News)(OTC BB:SRLM.OB - News)(Frankfurt:SMX.F - News) today announced that the 101st full time employee has been hired on at Sunshine Mine in northern Idaho as the Company continues its preparation for mine start up. Combined with the eighteen other employees working in the exploration division, corporate headquarters, human resources and environmental department, the Company currently employs 119 people in Idaho.                      Sterling Mining Company engages in the acquisition, exploration, and development of mineral properties, primarily silver and associated base and precious metals in the United States and Mexico. It owns interests in the Barones silver tailings project in Mexico; the Sunshine Mine in Idaho; San Acacio mine in Mexico; and interests in mineral claims in the Silver Valley area in Idaho. The company was founded in 1903 and is headquartered in Wallace, Idaho.

 

CHDT Corporation

(OTC BB:CHDO)

Current Price (0.03)

www.WallstreetStockReview.com

DEERFIELD BEACH, FL----Nov 19, 2007 -- CHDT Corp. (OTC BB:CHDO.OB - News), a Florida corporation, announced today that its wholly owned subsidiary, Capstone Industries, has been awarded an additional 500 stores in a major US mass retailer private label book and task light program with an implementation date of mid February 2008.                  Capstone Industries, Inc. (www.capstoneindustries.com) is engaged in product development, manufacturing, distribution, logistics and product placement to importers, theme parks, and mass retail of souvenirs, gifts, and consumer products; and Overseas Building Supply (OBS) is engaged in distribution of building materials including but not limited to roof tiles, interior doors, and insulation materials. Reference of URLs in this press release does not incorporate said URLs or any of their contents in this press release.

 

Power Group, Ltd

(OTCBB: IPWG)

Current Price (0.09)

www.WallstreetStockReview.com

CELEBRATION, Fla.-- Nov 19--International Power Group, Ltd. (OTCBB: IPWG.OB - News), announces today that is has been granted the use of soil permit for the Sistemas Ecologicos Para La Proteccion Ambiental, S.A. de C.V. (SEPA) joint venture project. This is a major step for the company, since it will allow IPWG to progress in the development of the Waste-to-Energy plant in Mexicali           International Power Group, Ltd. (the "Company") is dedicated to providing multifaceted alternative energy solutions in a sustainable and environmentally friendly manner. Through its subsidiaries, strategically placed around the world, and its strategic partnerships, the Company intends to provide turnkey solutions for waste disposal and electricity and potable water production. The Company intends to establish waste-to-energy facilities to convert commercial, hazardous, organic and toxic wastes into saleable electricity and potable water. The Company believes it is uniquely positioned to produce revenue from the in-processing of waste and the out-processing of electricity and while addressing the growing need for "green" sources of energy.

 

Corgenix Medical

(OTC BB:CONX)

Current Price (0.44)

www.WallstreetStockReview.com

DENVER--Nov 19--Corgenix Medical Corporation (OTCBB: CONX - News), a worldwide developer and marketer of diagnostic test kits, reported sales of $2,105,188 for the first fiscal quarter ended September 30, 2007 compared with $1,634,112 for the quarter ended September 30, 2006, an increase of 24.3%.              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 and has significant experience advancing products through the FDA process. More information is available at www.corgenix.com.

 

 

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