30.07.2007 20:05:00
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Letter From the President of Hemis Corp.
LAS VEGAS, July 30 /PRNewswire-FirstCall/ -- Hemis Corporation (BULLETIN BOARD: HMSO, Frankfurt: XZA) is an international resource company with three exploration properties in Mexico and one in Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (TSX: G) through Goldcorp's Mexican subsidiary Glamis Exploration.
Dear Investors,
I am writing you directly to inform you of the progress of Hemis Corporation.
Hemis Corporation is properly financed, and our exploration projects are active with the drill results from Mexico expected in the near future. As a mineral exploration and mineral exploration investment company, Hemis' business plan was engineered using decades of capital market experience integrated with extensive geological experience. The plan was to acquire properties that have the potential of 500,000 ounce Gold (or gold equivalent) economic reserves, run the exploration programs and invest in other junior companies with similar potential. To date, Hemis has three exploration programs in Mexico and one in Alaska, all of which have active exploration programs achieving the goals stated in the original plan.
I believe that Hemis has reached a level where there will now be a lot of support in the market from investors, both individual and institutional, who have researched Hemis and share Hemis' vision. In my opinion, the value of Hemis will increase in the short term and should continue to rise as we carry out our exploration and investment programs.
Fundamentally Hemis is very strong and listed below are just a few of the company's fundamental highlights:
1. The initial drill results of El Tigre did not get the credit that they deserved. I believe that the significance of those results got lost in the geological language. The initial hole represented a discovery hole where our geologists believe the mineralization of gold is not just present at the surface but also at depth. We will have additional drill results in the near future. 2. The La Centela concession has the potential of a molybdenum deposit. The financial potential of molybdenum is much higher than gold. One hundred million tons of rock with an average grade of 0.025% molybdenum and a molybdenum price of $20 per pound would represent a gross metal value over $10 billion. The grades we found on the surface were 4.7% and we also found molybdenum in the El Tigre initial drill hole. The presence of molybdenum would heavily increase Hemis' economic potential. The Centela Project has the potential for both a gold and Molybdenum deposit in the same region. 3. The initial phase of the Anchor Gold exploration program in the Cook Inlet area of Alaska has commenced and should be finished in October. The company has invested a considerable amount of money in this project and our geologists are very positive about the upcoming results. 4. Regarding our interest in the Santa Rita mineral claim in Mexico, Goldcorp, the second largest gold company in the world, has an earn in agreement regarding this property and we expect news from them shortly. 5. Hemis owns shares in one of its former subsidiaries and plans to purchase more in the companies it has spun off. However, we must maintain a certain ratio of investments and assets to be classified as a mineral exploration company. We will constantly monitor investment opportunities to maximize the assets available to Hemis shareholders. 6. Hemis is always on the lookout for new projects and acquisitions, both of which will continue to maximize shareholder value. 7. The Hemis team consists of over 50 people. It is a network of international contacts in Switzerland, Canada, USA, Mexico and Peru. The administration of the company is in Switzerland, the financial center of Europe. The company has close relationships with organizations that raise money for our projects so that we can comfortably continue our business. 8. In my opinion, we have world class geologists and access to exclusive projects. Dr. Douglas Oliver, our chief geologist, has over 30 years experience with international mining companies and as a University professor. Charles W. Reed was chief geologist for Hecla Mining, Casey Danielson has over 20 years of experience and worked for Echo Bay Mines amongst others and George Eliopulos from Nevada has been an exploration geologist for more than 30 years as well. These are just a few examples of the great team of geologists at Hemis.
I believe that we have a high quality company with a great team of geologists, finance professionals and world class projects. This mix gives Hemis a multi million ounce resource potential and an exponential investment upside.
We will soon be initiating an investor marketing program in Europe in association with our Frankfurt listing and European shareholders.
We are waiting for the El Tigre drill results from holes two to eight and the primary drilling result from hole nine which was our molybdenum target. After that, we should expect results from Cook Inlet in Alaska where we will spend one million dollars in September alone. And last but not least, we are expecting results from our Goldcorp joint-venture for the Santa Rita project in Mexico.
Further, we are now on institutional radars and analysts have been calling to perform due diligence.
As the President of the company, I ask you to support our company in being patient with selling and giving the company time to work on the projects. I believe that the value of the company will increase in the short and long term. The company is only two years old and has accomplished so much in so little time. If we continue the way we work right now, the company will grow exponentially.
Yours truly, Norman Meier Hemis Corporation, President 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/
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