Archive for the ‘Gemini Explorations Inc. GXPI’ Category

Gemini Explorations, Inc. (GMXS) Possesses High Grade Gold Projects in Underexplored and Underdeveloped Colombian Districts

Tuesday, November 27th, 2012

Gemini Explorations has secured some exciting acquisitions in the largely underdeveloped mineral reserve wealth of Colombia, drawing on nearly two decades of connections within the industry in order to turn GMXS into the next big name among juniors in South American gold production.

The superb geological potential of the company’s two current projects, the La Planada and La Tapada gold properties, shows how intelligent the company’s management is, snapping up such richly mineralized acreage in key underdeveloped gold districts. GMXS even formed a Colombian subsidiary, Minera Gemini SA, back in May of this year to streamline/facilitate operations and act as a holding unit for the company’s Colombian mining concessions and interests.

Gemini is sitting on two key projects in districts/geology with massive future production capacity, one of which, the 100%-owned La Planada Gold Project, is a potential 3.15M ounce monster (valued around $4B at today’s prices) in the heart of the Los Andes Sotomayor Gold Belt. La Planada is a perfect example of underdeveloped potential, with ideal open rock exposure over the majority of the property that lends the site to open pitting quite readily. The abundant high grade gold veins at the site are also just under 50 miles outside the Province’s capital city of Pasto. With numerous workings at various levels throughout the site and such open exposure, logistics should be relatively simple to implement. Phase I sampling results are positive with the 3 principal vein samples (five sets of veinlets cross cut vein zones here, 1.3 to 6.5 feet in width) ranged up to 117.9g/tonne Au, with an average of 15.1 g/tonne (mixed vein/wall rock samples as high as 10.7g/tonne Au, with an average of 3.06 g/tonne and host rock samples showing 0.88 g/tonne on average).

Needless to say, in this game, grade is king. The economic viability of La Planada is well expressed across a variety of data sets that have come out of the analytical work, including this most recent effort, and GMXS is very confident of the grades on all vein and rock targets. If the Phase II sampling and subsequent drilling results confirm the current model, we are talking a massive block of mineable ore totaling some 59M tonnes, or 3.15M troy gold ounces at a 1.5 g/tonne cut-off grade.

The La Tapada project (80% interest) to the north is a producer in the still hugely underdeveloped El Bagre-Zargoza mining district. With striking potential similarities to La Planada and existing registrations at the Colombian Mining Department putting the grade range in the 15-20 g/tonne area (with true bonanza potential in the 250 g/tonne grades in select pockets via artisanal mining methods), we have an attractive, highly prospective concession for which Gemini has slated a sampling/drilling program series. Mineral Primecap Geological Services, the firm who handled rock sampling at La Planada, has even turned up zones within the property that show extensive mineralization, including gold, silver, and some typically associated base metals all being present. Phase I systematic channel/vein chip sampling results completed in June ranged as high as 243 g/tonne Au, with an average grade from an 18-sample batch showing 25.97 g/tonne.

The company has designs to put in a processing facility at La Tapada as well as expanding the explorative work along trajectories defined by the additional zone discoveries in concert with the sampling and drilling programs slated for the property. This is a solid opportunity for investors to get into Colombian gold production (Dept of Antioquia region outputs some 1.5M oz Au annually) via a small, efficient junior with good deposits. Markets will be keen to look at new data coming out of La Tapada/La Planada to further size up GMXS, but it already looks to be a firm believer in growing shareholder value through production and exploration of carefully acquired properties.

For more information on Gemini Explorations, visit

Let us hear your thoughts below:

Gemini Explorations, Inc. (GXPI.OB) Makes Final Payment on La Tapata

Wednesday, May 28th, 2008

Gemini Explorations, Inc. (GXPI.OB) recently announced that it has completed its final payment for the acquisition of its site located in Colombia’s El Bagre-Zargosa mining district. Gemini holds an 80-percent controlling interest in the property situated 42 km from the municipality of El Bagre.

Gemini was able to acquire the majority interest in the Los Chorros Gold Mine through the issuance of 3,900,000 restricted shares in GXPI and $50,000 cash. For its final payment, Gemini chose to issue 1,400,000 restricted common shares in lieu of $50,000 cash. The company retains the first right of refusal to acquire the remaining 20 percent in the mine within 18 months of the effective date.

As the final payment for the site is complete, Gemini has officially changed the name of the project from Los Chorros to La Tapata. The official name change was made to avoid confusion with other company projects in the district that contain “Los Chorros” in their description.

Let us hear your thoughts: Gemini Explorations Message Board

Gemini Explorations, Inc. (GXPI.OB) Continues to Build Alliances to Establish Foothold in Colombia

Wednesday, May 28th, 2008

Gemini Explorations, Inc. (GXPI.OB) is a mining and development company establishing itself in Colombia, South America. To meets its goals, Gemini has formed alliances to facilitate its development efforts in the region.

RMS-Ross Corporation, a Canadian-based company, is a designer, manufacturer, and distributor of high-percentage mineral recovery systems. The Model SB Concentrator uses centrifugal technology and a lower water yield to recover gold and precious metals. The Derocker was developed to facilitate mining in coarse, rocky materials. The RMS-Ross Box is a machine designed to separate free particles of precious metals from aggregate materials.

Terry Plumber, President of RMS-Ross, personally visited Gemini’s La Tapata mining facility to assess the site’s equipment needs. The site is currently being mined with antiquated mining equipment and is slated to be upgraded with modernized tools to increase its level of productivity.

DiaKhem™ Technologies LLC, a Michigan-based company, provides 21st-century solutions for small and medium-sized precious mining facilities. DiaKhem™ has a number of proprietary and patented technologies that it offers to solve industrial separation problems. At the La Tapata site, Gemini used the Diazem resign process to effectively remove large concentrations of copper from the silver and gold residue.

Gemini has identified its mining needs and continues to deepen its business relationships to ensure its continued development in Colombia. With the forecasted yields in excess of $250 million over a 3 year period, the company’s focus to enhance and develop La Tapata and La Planada are sound.

Let us hear your thoughts: Gemini Explorations Message Board

Gemini Explorations, Inc. (GXPI.OB) Targets Colombia as its Key to Success

Tuesday, May 20th, 2008

Gemini Explorations, Inc. (GXPI.OB) is a mining and development company that is focusing its efforts in Colombia, South America. The company has successfully capitalized on the management team’s 15 years of experience by utilizing existing business relationships in the region to create an intermediate gold company.

Colombia has historically been one of the largest gold producing countries in the world, yet only a marginal portion has been explored with modern techniques. Using antiquated equipment, the Dept of Antioquia area currently produces over 1 million ounces of gold per year.

Due to Colombia’s past economic and political instability, the country’s mineral resources have remained untouched. In recent years, the political environment in Colombia has stabilized and the economy is now flourishing. In 2006, the country reported Latin America’s fastest GDP growth.

With the passing of an investment-friendly mining code, Colombia has now become one of the most favorable mining frontiers. The 2001 Mining Act helped clarify ownership and mining rights, providing added protection for foreign investors and promoting environmentally-friendly mining practices. Several foreign mining companies, like South Africa’s AngloGold Ashanti Ltd and Colombia Goldfields Limited, have begun to operate in the country.

The potential in Gemini’s La Planada site is estimated at over $3 billion. Interestingly, operators near La Tapata have approached Gemini with requests to process their gold with the new equipment being placed at the site through joint ventures. These types of agreements would provide Gemini with unexpected supplemental revenue.

With the combination of Colombia’s improved political climate and its vast untouched mineral potential, Gemini is in a great position to capitalize on the country’s mineral resources.

Let us hear your thoughts: Gemini Explorations Message Board

Gemini Explorations, Inc. (GXPI.OB) Estimates Costs to Move Forward Strategically

Friday, May 16th, 2008

Gemini Exploration (GXPI.OB) is a mining exploration and development company focused on acquiring, developing, and maximizing natural resource properties. The company is currently working on two mining properties in Colombia, South America, which have underdeveloped gold mines.

Gemini has an 80 percent share in La Tapata, located in Colombia’s El Bagre-Zargosa mining district. The property has a low percentage of gold resulting from the out-of-date equipment currently at the location. Gemini has prepared estimates on costs related to maximizing the property.

The initial estimates total just above $1.9 million. The outlay to modernize the facility would make the difference between the historical low-percentage results versus moving to a more efficient high-percentage result.

Exploration results at La Tapata show a potential $2000 gross net value per tonne. Based upon these estimates, the production level for the first year after modernization is roughly around 26,000 tons, which equates to $52 million. Once the basic process is optimized, the second year production level is estimated around 45,000 tons which equates to $90 million. The third year projection is roughly 55,000 tons, equaling $110 million.

The potential production levels at the site are tremendous. Based upon the numbers provided by the company, the modernization of La Tapata would launch Gemini to the next level.

Let us hear your thoughts: Gemini Explorations Message Board

Gemini Explorations, Inc. (GXPI.OB) has a Portfolio of Strategically Placed Properties

Wednesday, May 14th, 2008

Gemini Exploration (GXPI.OB) is a mining exploration company developing its operations in Colombia, historically known as one of the largest gold-producing countries in the world. Gemini currently has two mining properties in the region: La Planada and La Tapata.

La Planada is a gold property in which Gemini holds 100 percent interest. High grade gold veins are known to exist, as the region was mined in the past. The property is located 80 km from Pasto, the capital of the Nariño Province, which is in the center of one of Colombia’s premier, underdeveloped gold sectors. Due to the distance from the city, there is enough open area to build the needed infrastructure to support the mining operations.

La Planada has excellent rock exposure to accommodate open pit mining with highly visible surface mineralization. There are various elevations being explored on the property, with five sets of veinlets crosscutting vein zones. The primary veins have been found to range from 0.4 meters to 2 meters in width. Secondary veins have been found every 1 to 2 meters with widths ranging from 3 cm to 20 cm. Additionally, the primary veins trend 25 degrees north to 30 degrees west, on a 10-degree dip.

Preliminary findings determined that an average grade of 1.4 to 4 grams per tonne of gold can be found to an elevation of 100 meters. The company is hypothesizing that the mineralization findings to 100 meters may continue to a depth of 200 meters. If the exploration confirms the hypothesis, Gemini intends to mine the entire block for processing. A block with dimensions of 200m deep by 300m wide by 400m long with an estimated average of 2.45 grams per cubic centimeter would produce 59 million tons of ore with a cutoff grade of 1.5g per ton gold. A yield of this amount would translate to over 3.1 million troy ounces of gold. Equating these estimates to the entire La Planada property would represent a yield of over 3 million troy ounces of gold, which would convert to about $3 billion dollars.

La Tapata is an 80-percent owned property in Colombia’s El Bagre-Zargosa mining district. The property is 42 km from the municipality of El Bagre. As with La Planada, access to La Tapata is mainly via open roadways, but there is a government military base about 6km away.

The facility is currently being mined with antiquated equipment resulting in a low percentage of gold. Gemini plans to build a modern processing facility to increase the efficiency at the site to produce greater yields of gold, silver, copper, and lead, all of which have been found on the property.

The main exposed vein at La Tapata measures up to 2 meters thick with a 45 degree dip. Visible, massive sulphides are exposed and run between 2 percent to 70 percent. Samples have been pulled along a 30-meter section of the main vein and resulted in amounts between 15 to 250 grams per tonne of gold.

Gemini has two major mining properties with the potential of huge returns. It is up to management to maximize the efficiency at each site to recover the largest rate of gold and other precious metals.

Let us hear your thoughts: Gemini Explorations Message Board Featured Companies on the Move

Wednesday, May 14th, 2008

Several of our highlighted companies have been making large profits for those who have purchased shares. Our name,, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future.

We highlighted Gemini Explorations, Inc. (GXPI.OB) as a “One to Watch” on May 8th when prices were trading for as low as 5 cents a share. Currently the stock is in a bullish run as the price per share has increased more than 90% from our alert. In just today’s morning trading, shares have risen 23.38%.

Michael Hill, President of Gemini Explorations, has the company focused on the development and exploration of the La Planada Gold Project in the southern region of Colombia and the upgrading and modernization of the La Tapata Mine in Antioquia. Gemini’s plans are to build a modern processing facility at La Tapata with far greater production and recovery rates of the gold and other precious metals present.

Fortune Market Media, Inc. (FTMM.PK) is another one of our highlighted companies on the move. Currently, the stock is trading at $0.268, which is 168% higher than yesterday’s close! The list of partners and clients that Fortune works with includes Samsung Electronics, Net 1 Technologies, Cheap Tickets, TEAC America Incorporated, and InSync Media. Some of the multimedia functions available through the company’s website are blogs, forums and chatrooms as well as Fortune Market TV, Fortune Market Radio and a subscription newsletter.

Since our “One to Watch” alert on Hybrid Technologies, Inc. (HYBR.OB), shares have increased from $3.70 to today’s high of $4.91; a 32.7% increase. Ernest C. Schlotter, a four-star analyst with SISM Research, has initiated coverage on Hybrid, upon which he placed a “Speculative Buy/4″ Rating and a 12-month target price of $5.30. Hybrid has recently exited the development stage on its zero-emission lithium vehicles, with great success, and is now ready for commercial production, with the price-tag on one of its revolutionary cars starting at an astonishingly affordable $39,500.

Let us hear your thoughts below:

Management at Gemini Exploration (GXPI.OB) Has Vast Experience in South America

Monday, May 12th, 2008

Gemini Exploration (GXPI.OB) is led by a management team with years of experience working and living in South America. Michael Hill, President and CEO of Gemini, has over twenty years of experience working in North and South America in venture capital finance, business development, and investment banking sectors. Mr. Hill started his investment career at Burns Fry Ltd and then moved onto Scotia McLeod, Majendie Charlton and Research Capital Ltd. During this period, Mr. Hill worked with public and private companies involved in technology, cable and media, oil and gas, biotechnology, mine development, and mining exploration.

From 1994 to 1996 Mr. Hill worked with Minera Andes Inc to organize funding and develop their mining exploration operation of copper, gold, and silver in Argentina. From 1996 to 1999, Mr. Hill assisted in the finance of a private gold and copper exploration company in Brazil. In 2002, Mr. Hill left Research Capital to start his own finance and consulting company. Since then, Mr. Hill has actively focused on private and public companies with operations in British Columbia, California, and Colombia, South America.

Oscar Fernandez is a Director at Gemini Exploration. Mr. Fernandez is a Colombian citizen and earned a degree in International Finance in 1979 from Louisiana State University. Mr. Fernandez initially worked at the Irving Trust Co. of New York in 1980, but soon took on a role at Banco Comercial Antioqueno. At Banco, Mr. Fernandez invested the next fourteen years taking on management and executive roles, such as International Division Manager and International Vice President.

During his time as General Manager for Gemini, Mr. Fernandez has taken an active role in his community. He and his family have acquired agricultural, timber, and cattle holdings throughout Colombia. Mr. Fernandez is the President of the Board of Directors of the Regional Timber Growers Association of Columbia and Board President for the Instituto de Capacitacion Los Alamos, a facility focused on assisting mentally disabled people.

Juan Fernando Restrepo is the current General Manager of Minera Primecap Geological Services (MPGS). Gemini executed the services of MPGS in February 2007 to assist in the development and exploration of the LaPlanada Gold Project in southern Colombia. Mr. Restrepo, who holds both a Bachelors and Masters of Science in Geology from the University of South Florida, is in charge of the day-to-day operations of the facility. With an education in the field, Mr. Restrepo also has experience evaluating mine projects, evaluating mine layouts, budgeting mine exploration projects, negotiating acquisitions of mining properties, and developing properties.

The management team at Gemini has a wide range of technical experience in mining combined with established business relationships throughout Colombia. A blend of these qualities can only benefit Gemini as it continues to develop its holdings throughout the region.

Let us hear your thoughts: Gemini Explorations Message Board

Gemini Explorations, Inc. (GXPI.OB) Announces Coverage

Friday, May 9th, 2008

Gemini Explorations, Inc. will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 600,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Michael Hill, President of Gemini Explorations, has the company focused on the development and exploration of the La Planada Gold Project in the southern region of Colombia and the upgrading and modernization of the La Tapata Mine in Antioquia. Gemini’s plans are to build a modern processing facility at La Tapata with far greater production and recovery rates of the gold and other precious metals present.

Mr. Hill stated, “Gemini Explorations has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”

Michael McCarthy, Director of Business Development for, stated that QualityStocks is very pleased to have Gemini Explorations as a featured company. McCarthy added that the company, GXPI, is methodically establishing itself as a category leader.

Let us hear your thoughts: Gemini Explorations, Inc. Message Board

Gemini Explorations, Inc. (GXPI.OB) is “One to Watch”

Thursday, May 8th, 2008

Gemini Explorations is focused on engaging in the development and exploration of the La Planada Gold Project in the southern region of Colombia. This newly acquired property is found in the municipality of Sotomayor, department of the Nariño, and is readily accessible as it’s approximately 80 km from the capital city of the Nariño department by open road.

The La Planada Gold Project extends over 45 hectares and is comprised of Dagua Group Upper Cretaceous quartzites and siliceous siltstones intruded by a granodiorite plug. There are no less than three different crosscutting vein sets, and possibly more. The major vein ranges between 0.4 m and 2.0 m in width. Other veins are as wide as 20 cm (or more), and all have identifiable sulphides, as well as free gold.

After the initial round of drilling is completed and favorable results for grade of material are found, a bench test will be essential to determine the fineness of the gold and the amount of sulphides and other metals present. Senor Richard Apraez (a local consultant) has confirmed that there will be no issues with setting up a large-scale processing plant in the area. Furthermore, there is little concern of contamination as long as the processing plant is properly maintained.

The president of the company, Michael Hill, has over two decades of experience in venture capital finance, investment banking and business development in North America, Europe and South America. He has been extensively involved in the initial startup and secondary funding of both private and public companies in sectors ranging from mining exploration, oil and gas, cable and media to technology and biotechnology. Mr. Hill worked closely with Minera Andes Inc. to fund and develop their mining exploration program in Argentina, and later financed a gold and copper exploration company in Brazil.

Let us hear your thoughts: Gemini Explorations, Inc. Message Board

Beacon Equity Research Featured Company: Gemini Explorations, Inc. (GXPI.OB)

Thursday, January 17th, 2008

Gemini Explorations, Inc. (GXPI.OB) is a mining company with a focus on gold. This emerging company explores, develops and mines gold properties. The Company has main projects located in the heart of Colombia’s premier undeveloped gold districts. These districts are La Planada in Sotomayor, Nario and Los Chorros Gold Mine in El Bagre-Zargoza, Antioquia.

The Company has spent several months preparing an advanced drilling program. The preparation of this program has already commenced in the La Planada Project. In Phase I, sampling results from the La Planada Project have identified three significant cross-cutting gold vein zones which include vein structure gold values of up to 17 grams per ton of ore. Based on these Phase I sample results, the Company has reported a reserve estimate of 3.15 million gold ounces with a potential gross deposit value of approximately $2.3 billion.

Gemini Exploration’s focus is on gold mining prospects mainly in Colombia, South America. The Company holds earning interests ranging from 80% to 100% in two gold-producing regions of Colombia, including an estimated 3.15 million ounce gold deposit in the Los Andes Sotomayor Gold Belt. This gold deposit has an estimated gross asset value of roughly $2.3 billion.

The price of gold has risen and continues to rise. With these gains, gold mining is projected to remain a strong industry over the next decade. With Columbia being one of the more under explored countries in South America for mineral resources, Gemini Explorations, Inc. is in good position for success.

Let us hear your thougths: Gemini Explorations, Inc. Message Board

Small Cap Voice Featured Company: Gemini Explorations, Inc. (GXPI.OB)

Friday, November 30th, 2007

Gemini Explorations, Inc. (GXPI.OB) intends to focus on the development and exploration of the La Planda Gold Project, which is located in the southern district of Colombia. The property is easily accessible and located about 80 km from Pasto, the capital of Narino.

If La Planda reflects a grade similar to that of surrounding properties, there is much reason to believe that the entire deposit could be processed through bulk mining. The ore would also be processed using the same method, and quite possibly by the same plant.

A local consultant, Senor Richard Apraez, has confirmed that there will not be any problem establishing a large-scale processing plant in the area. If plans progress favorably, the number of available jobs would substantially increase in the area. The Company acknowledges that the importance of identifying a suitable location for such a facility, and is currently seeking the best location.

Let us hear your thoughts: Gemini Explorations, Inc. Message Board