World of Investment - Das Finanzportal für Ihren Erfolg an der Börse!

Gemini will be focused on the development and exploitation of the La Planada Gold Project in the southern region of Colombia. Gemini explorations newly acquired La Planada property is located in the municipality of Sotomayor, department of the Nariño, in southwestern Colombia. Access to the property is approximately 80 km from Pasto the capital city of the Nariño department by open road. The project covers 45 hectares and is composed of Dagua Group Upper Cretaceous quartzites and siliceous siltstones intruded by a granodiorite plug. There are at least 3 different crosscutting vein sets. The principal vein ranges between 0.4 m and 2.0 m in width. Other veins range between 3 and 20 cm (or more) in width. All carry some sulphides, and free gold was seen in both quartz and with the sulphides. On, Feburary 21st, 2007, GXPI announced that it has reached an agreement in principle to contract the services of Minera Primecap Geological Services SA (MPGS) of Medellin, Colombia to assist in the development and exploitation of Gemini's wholly owned La Planada Gold Project in southern Colombia. MPGS have worked extensively on the L aPlanada property and were instrumental in Gemini's decision to purchase this key property in the Los Andes Sotomayor Gold Belt of southern Colombia.