- GEMXX recently entered a significant partnership with Latin Energy Partners that has seen the two companies define terms to jointly drill four test wells in a promising geologic formation in a Latin American country
- The partnership is part of GEMXX’s plans to strategically expand its current successful business model, diversifying its business portfolio, and exploring new underground resource opportunities
- Latin America has large tracts and regions of under-explored sedimentary basins which hold significant oil and gas resources potential
- Preliminary explorations in the two basins suggest potential for more than 1 billion barrels each of recoverable oil, positioning GEMXX and Latin Energy Partners in the global oil and gas market
GEMXX (OTC: GEMZ), a mine-to-market gold, gemstone, and jewelry producer with global reach, is looking to expand into energy projects and position itself as a significant player in the energy market. This goal is part of the company’s strategic expansion plans, exploring important new underground resource exploration opportunities.
“We are confident in our ability to adapt, innovate, and capitalize on new growth opportunities. With a strong focus on expansion and strategic partnerships, we are well-positioned to navigate the evolving market landscape and drive long-term success for our shareholders,” said Richard Clowater, CEO of…
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ
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