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Thursday, 19th July 2007 (2846 views)

Mineral exploration company Gemini has reported that phase two of channel sampling is underway at its gold project at La Planada.

Conducted by Minera Primecap Geological Services (MPGS), the first batch of deep channel samples from the phase two broad-based channel sampling have been shipped to the labs of Inspectorate in Nevada, USA for testing.

Gemini has completed the topographical survey and broad-based channel sampling and identification of optimum drill targets for the La Planada Gold project is now underway.

"We are extremely pleased with the sample results we have seen so far, which have met and in certain instances exceeded our expectations. Our goal is to have the drilling program well underway in 2007 and prove up the La Planada Gold Project to be the multi-million-ounce gold deposit that we believe it is," commented Gemini president Michael Hill.

He added that Carlos Alberto Vera of MPGS earlier estimated the La Planada Gold project to contain in excess of three million ounces of gold.

Gemini states that it will release the assay results once they become available.

 

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