Hemisphere Gold Inc. (OTC: HPGI)
Infrastructure and Personnel in Place for Continued Exploration
RENO, Nev.–(BUSINESS WIRE)–Hemisphere Gold Inc. (Pink Sheets:HPGI – News), a gold exploration, property acquisition and mining development company, is pleased to report that its operational base-camp is fully functional.
The base is located inside the Company’s concession, and has the infrastructure needed to carry out the planned exploration. With a full array of communications equipment that is satellite based, the Company is able to exchange data with testing facilities in real-time.
The camp also houses the exploration crews and serves as a base for security personnel who are working to keep the property secure. As the exploration grows, the camp has the facilities to increase its capabilities and add additional workers.
The Company has also added a number of ATV’s and vehicles to its ground fleet, providing crews with the ability to operate over greater distances. The company is also building ATV and Four wheel drive road ways on the concession to further provide access to valuable testing areas.
As previously stated, the key factors of Hemisphere Gold’s concession are:
* Northwest to southeast gold-showing trend
* Gold mine and smelting facility in close proximity
* Three appearances of a visible gold bearing quartz out-crop along a five mile stretch following Sara Creek
* Nassau County discovery by Newmont Mining, which is on the same trend to the Southeast of the concession
A company spokesperson commented, “We have built a solid infrastructure to succeed, and are keeping well within management budgets. The Company continues to move forward on a path of exploration, utilizing recent Aeromagnetic and Radiometric Surveys as benchmark starting points.”
About the Company
Hemisphere Gold Inc. is in the business of exploration and acquisition of gold properties in some of the world’s best gold districts. The Company’s objective is to take advantage of high-yielding untapped mineral producing properties through exploration and acquisition. The Company’s flagship property is in Suriname, a democratic country which has had mining operations since the 1700’s. Suriname is an emerging major gold producer with international companies showing interest. Hemisphere is committed to maintaining environmental stewardship, occupational safety and corporate responsibility.
For more information, please visit http://www.hemispheregold.com/
This press release may contain forward-looking statements which are pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company’s financial condition and prospects, risks associated with mining exploration, risks of governmental legislation and regulation, risks associated with technological changes, risks associated with dependence on third parties, risks relating to international operations, delays in testing and evaluation of products and risks associated with competition.
Contact:
Hemisphere Gold Inc.
Investor Relations
Barry Reagh, 888-548-8444
Source: Hemisphere Gold Inc.
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