Hemis Expands El Tigre Land Holdings; Acquires the La Casita Concession
11 May 2007 - 9:25PM
PR Newswire (US)
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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