Gemini Explorations, Inc. receives joint venture proposal to develop the gold mine Tapati
CALGARY, Gemini Explorations, Inc. announced today that it is in discussions to joint venture and develop Tapati The gold mine. Meetings were held in Canada and Colombia with senior geological staff and management of Minera PRIMECAP geological services involved. Geological staff of both companies will work on the site of the Tapati Gemini and provide more updates as they become available. As mentioned in previous press releases Gemini is completing the acquisition of two mining concessions near its Tapati The gold mine.
These concessions are complementary to adjacent Gemini efforts to Tapati because they allow the company to fully develop and exploit the extensions of these mineralized vein structures. The joint venture will accelerate this process.
About Gemini Explorations, Inc.
Gemini is an exploration mining exploration and development company formed to acquire, develop and exploit natural resource properties focusing primarily on the very rich still under gold deposits of Colombia.
Notice on forward-looking statements
This press release contains “forward looking statements” as that term is defined in Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements include, among other things, hope that the proposed joint venture will be completed, the hope that further concessions Tapati neighbors will be acquired and near certain dates and date of completion of the redevelopment The Tapati Draft gold mine. Actual results could differ from those projected in the forward-looking statements due to many factors. These factors include, among others, uncertainties associated with mineral exploration and development of mines. These forward-looking statements are made as of the date of this press release and we assume no obligation to update forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking . Although we believe that the beliefs, plans, expectations and intentions contained in this release are reasonable, there can be no assurance that such beliefs, plans, intentions or expectations will prove correct. Investors should consult all the information set forth herein and should also refer to the disclosure of risk factors described in our annual report on Form 10-KSB for the year 2007, our quarterly reports on Form 10-QSB and other periodic reports filed from time to time with the Securities and Exchange Commission.