Gemini Explorations, Inc.

Gemini Explorations, Inc.

June 05, 2012 16:15 ET

Gemini Explorations, Inc. Reports Sampling Results for the La Tapada Gold Project

Vein samples ranging up to 243.77 g/tonne Au with an average of 25.87 g/tonne Au

FT. LAUDERDALE, FLORIDA--(Marketwire - June 5, 2012) - Gemini Explorations Inc, ("Gemini") (PINK SHEETS:GMXS) is very pleased to report the sampling results from the La Tapada Gold Project in the El Bagre-Zargoza mining district, department of Antioquia, Colombia. The samples were tested and analyzed at the SGS del Peru S.A.C. labs in Lima, Peru. SGS is recognized as an industry leader providing inspection, verification, testing and certification services anywhere in the world.

The vein samplings analyzed are of the continuous chip type along the principal vein with thickness varying between 0.25 m and 1.15 m and a combined wall rock and vein average of 1.18 meters. The samples reported in Table 2 below ranged up to 243 g/tonne Au showing excellent consistency overall. The averaged grade of the eighteen samples is 25.87 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 3037 and 3038 could indicate that the veins carry a high percentage of free gold, although this situation must be confirmed later with further lab analysis. MPGS geologists have identified additional mineralized zones and vein systems within the concession. Gemini will report on the results from current the trenching sampling program as soon as they are available.

Gemini Explorations is focused on the development of two highly prospective gold projects in Colombia including a potential 3 million ounce deposit in the Los Andes Sotomayor Gold Belt with a potential asset value of approximately $4 billion at today's gold prices. Capitalizing on smart acquisitions, modern production techniques, deep industry expertise and the strong bull market for gold, Gemini Explorations is working quickly to achieve production, growth and value for shareholders. Gemini Explorations has assembled a portfolio of significant land holdings in Colombia's richly mineralized but under-developed gold districts including the La Planada and La Tapada gold properties.

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. 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 2009 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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