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GG Giglio Group

0.62
-0.02 (-3.13%)
01 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Giglio Group BIT:GG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -3.13% 0.62 0.60 0.666 0.672 0.602 0.654 430,308 17:00:00

Hemis Expands El Tigre Land Holdings; Acquires the La Casita Concession

11/05/2007 12:25pm

PR Newswire (US)


Giglio (BIT:GG)
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LAS VEGAS, May 11 /PRNewswire-FirstCall/ -- Hemis Corporation (the 'Company') (OTC Bulletin Board: HMSO; Frankfurt: XZA) is an international resource company with three advanced stage exploration properties in Mexico and one in Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (TSX: G; NYSE: GG) through its Mexican subsidiary Glamis Exploration. Hemis is pleased to announce it has acquired the La Casita concession for its El Tigre project. El Tigre is a gold exploration project near the southeastern border of the Mexican state of Sonora. Initial exploration work has yielded positive indications. The La Casita concession is located about 250 km east of Hermosillo and 12 km east of the village of Valle de Tacupeto. Accessible by road, the La Casita claim is mountainous and is at an elevation of 1600m. Acquiring the La Casita concession expands Hemis' property position by 39.18 hectares. This further consolidates Hemis' land position at El Tigre where it is already holds the largest land position. Unlike the other concessions that comprise the El Tigre project area, Hemis has a 100% interest in the La Casita concession. It is not subject to either advance payments or production royalties. Exploration of La Casita will be integrated with ongoing mapping and sampling across the El Tigre project area. About Hemis Corporation Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. Hemis Corporation is comprised of both a resource division and a resource investment unit. Hemis' high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment. Hemis is incorporated in Nevada, USA with its head office in Zurich, Switzerland and North American corporate communications representatives in Canada and the United States. Led by an experienced team of exploration geologists and financial professionals, this company has extensive international capital markets experience and proven track records. The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to commencement of drilling operations, concentration in mineral deposits, delays in testing and evaluation of ore samples, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Hemis Corporation Norman Meier +41 43 355 0228 President http://www.hemiscorporation.com/ Hudson Capital 1-604-662-3910 Investor Relations http://www.hudsoncapital.ca/ DATASOURCE: Hemis Corporation CONTACT: Norman Meier, President of Hemis Corporation, +41 43 355 0228; or Hudson Capital, Investor Relations, +1-604-662-3910 Web site: http://www.hudsoncapital.ca/ Web site: http://www.hemiscorporation.com/

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