SOURCE: IO Circuit

August 03, 2007 06:30 ET Announces Goldcorp Interest in Hemis Corporation

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

LAKE HARMONY, PA--(Marketwire - August 3, 2007) - Hemis Corporation (OTCBB: HMSO) (FRANKFURT: XZA) is an international resource company with three exploration properties in Mexico and one exploration project in Alaska. This week, Hemis received its first formal quarterly property report from Goldcorp Inc. Goldcorp is one of the world's largest gold mining companies, with 18 world class operations and development projects focused throughout the Americas with over 70% of reserves in NAFTA countries. Goldcorp holds interest in particular properties in MX through an Earn-In Agreement with Hemis. Under the Agreement Goldcorp has the right to earn up to an 80% interest in Corex's Santa Rita and Zuloaga (collectively "Zuloaga") concessions in the states of Zacatecas and Coahuila. Led by an experienced team of exploration geologists and financial professionals, Hemis Corp. has extensive international capital markets experience and proven track records.

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