SOURCE: IO Circuit

July 18, 2007 06:35 ET (OTC BB: GXPI) Looks to Gold Mine Re-Development Program to Greatly Increase Production

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA--(Marketwire - July 18, 2007) - Gemini Explorations, Inc. (OTCBB: GXPI) announced this week that the renovation and modernization report for The Los Chorros Gold Mine has been finished. Minera Primecap Geological Services (MPGS) delineates the mine re-development program, modern recovery plant installation and the option of installing a private energy generation plant. Currently The Los Chorros Mine is being mined with extremely outdated equipment. The Antioquia, Colombia region alone produces 1,000,000 ounces of gold per year currently, and many operations are by pick and shovel. A modern processing facility would fare greater recovery rates of the gold and other precious metals, in what is historically known as one of the largest gold producing countries in the world. MPGS geologist Juan Restrepo reported that 50 tonnes per day production yielding an average grade of 12 grams per tonne Au (gold) would produce US $3,125,000 per year, and a 100 tonne per day production rate would produce over US $6,250,000 of net cash flow after all costs.

For an in-depth research report, please visit:

For the complete news story, please visit:

Other active stocks are Lam Research Corporation (NASDAQ: LRCX), Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) and Escalon Medical Corp. (NASDAQ: ESMC).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $530.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send No Faxes or emails.

Contact Information