Released on: September 24, 2007, 7:37 am

Press Release Author: Jerome - CRKP Group

Industry: Financial

Press Release Summary: Gold Trading at $735/oz. Presents Potential $2,310,000,000
World Class Gold Deposit

Press Release Body: MIAMI, FL--(MARKET WIRE)--Sep 24, 2007 -- Gemini Explorations,
Inc (\"Gemini\") (OTC BB:GXPI.OB - News) is pleased to release an updated overview of
its wholly owned La Planada Gold Project as prepared by Carlos Alberto Vera, Chief
Geologist of Minera Primecap Geological Services. The detailed update below supports
that over 3,150,000 troy ounces of gold or a gross deposit value of approximately
$2,310,000,000 with gold presently trading at $735 per ounce are possible from the
La Planada Project.

The La Planada property is located in the municipality of Sotomayor, department of
the Nariño, in south western Colombia. Access to the property is approximately 80 km
from Pasto, the capital city of the Nariño department, by open road. The project has
an exploitation (mining) license (#17486) for a period of 10 years and is renewable
for an additional 10 years.

La Planada property is composed of Dagua Group Upper Cretaceous quartzites and
siliceous siltstones intruded by a granodiorite plug. Surface exposure is excellent
and there were numerous workings at various elevations that can be roughly traced
from one elevation to another. The width of the zone (i.e. within the property
boundaries) appears much greater than other surrounding properties. 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.
Disseminated sulphides were seen in the host rock sediments, and these will probably
contain low-grade gold values, although these have yet to be lab verified. Samples
should be taken from two newly reported workings, and of mixed vein and host rock
material and it is anticipated that there will be good values gotten from the vein
and sulphide material. Panned concentrates from both vein material and tailings
showed fine to medium gold.

Assuming the average grade across host rock and vein material on La Planada produces
a grade similar to that of surrounding properties there is every reason to think
that the deposit could be processed by bulk mining of the entire zone. The ore would
be processed using the same method, and probably the same plant, as that proposed
for surrounding properties.
The entire La Planada property has excellent rock exposure. The surface could be
stripped and then, samples could be taken in vertical channels across both vein and
host rock. A series of small drill pads would have to be prepared on the surface of
the deposit. They would be collared at 50 m intervals along that line. As drilling
progressed more of that face would have to be cleared of vegetation and levelled and
a parallel series of pads would have to be built 50 m on either side of the original
line of holes. This work will require some blasting of rock to produce those pads.
Vertical reverse circulation holes would be drilled from these pads, with holes
ranging up to 200 m in depth (if capable) at highest elevation and 100 m in depth at
lowest elevation, for a total depth of this first phase of drilling of roughly 1000
m. Dependent on recovery of material, samples would be taken every 2 to 5 m down
each hole. Samples would be analyzed for gold by Fire Assay, with A.A. or
gravimetric finish. This work will allow an estimate of grade and tonnage for La
Planada Project.
Most of the gold is fine. Upon completion of at least an initial round of drilling
and assuming favourable results for grade of material, a bench test would be
required to determine fineness of the gold, amount of sulphides and what metals are
present, and from that what type of processing plant would give the best gold
recovery. If there is sufficient coarse gold, a coarse gold circuit (e.g. a
vibrating table) would probably be set up. If there is significant gold carried on
the surface of sulphides then a sulphide floatation circuit would also be required.
However, the bulk of the gold is fine and low grade (1.5 to 4 g/tonne) and is
expected to be recovered with a large heap leach pad. Assuming the average grade of
1.5 to 4g/tonne and that sampling to date confirms continuity of mineralization to a
depth of 200m, then the entire block could be mined and processed. A block 200 m
deep X 300m wide X 400 m long, with an average density of 2.45g/cc would produce 59
millions tonnes of ore with a cut-off grade of 1.5g/tonne gold. That translates to
over 3,150,000 troy ounces of gold or a gross deposit value of approximately
$2,310,000,000 with gold presently trading at $735 per ounce.
Notice Regarding Forward-Looking Statements
This news release contains \"forward-looking statements,\" as that term is defined in
Section 27A of the United States Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Statements in this press release which are not
purely historical are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the future. Such
forward-looking statements include, among other things, that although Gemini
Explorations, Inc believes the La Planada Gold Project has promising potential, the
property is in the early stages of exploration. The project has yet to be shown to
contain proven or probable mineral reserves. There can be no assurance that such
reserves will be identified on the property, or that, if identified, mineralization
may be economically extracted. Minera Primecap Geological Services does not accept
responsibility for the use of project data or in the adequacy or accuracy of this
release.
Actual results could differ from those projected in any forward-looking statements
due to numerous factors. Such factors include, among others, the inherent
uncertainties associated with mineral exploration. These forward-looking statements
are made as of the date of this news release, and we assume no obligation to update
the forward-looking statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements. Although we believe
that the beliefs, plans, expectations and intentions contained in this press release
are reasonable, there can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all of the
information set forth herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-KSB for the 2005 fiscal year, our quarterly
reports on Form 10-QSB and other periodic reports filed from time-to-time with the
Securities and Exchange Commission.


Web Site: http://www.geminiexploration.com

Contact Details: Michael Hill
President
Gemini Explorations, Inc
8th Floor, 5201 Blue Lagoon Drive
Miami, Florida 33126


email: info@geminiexploration.com

IR info: 1 877 700 1644