Sunday, May 11, 2008



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Last updated 5/5/2008 at 1:11pm
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Gemco
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Gemco Minerals Inc. (OTCBB: GMML.OB) is strategically acquiring interest and options in high quality resource properties to explore, develop and bring to commercial viability, as its overall business plan.

Gemco Minerals Inc. has interests in gold and silver properties and further interests through its 100% owned subsidiary in the specialty industrial mineral products: magnetite and ilmenite. 

Cornerstone to Gemco Minerals Inc. is its flagship 100% owned Mount Burns mineral property in the Cariboo's historic "Gold Rush" region of British Columbia, Canada, which Gemco acquired from its wholly owned subsidiary company, Firstline Recovery Systems Inc, in 2005.  Firstline Recovery Systems Inc. held mineral rights to portions of the current mineral tenures since 1998.  The 12,686.10 acre mineral claim group is situated near the historic mining town of Barkerville, British Columbia, and is located within a historically economic, placer and lode gold producing geologic belt.

Gemco Minerals Inc. also owns 100% placer rights to the 284.67 acre Hawk and Joytown lease of placer mineral (LPM) claims near Barkerville, British Columbia.  The Company also has interest in the  2920.00 acre Snowflake mineral claim group near Oliver, British Columbia, which is located just a few miles north of Washington State, USA.

Gemco Minerals Inc. management has adopted an aggressive continuing research and evaluation process that has uncovered a number of opportunities to adapt their knowledge, technology and expertise to new enterprises.