LAS VEGAS, May 14 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: HMSO; Frankfurt: XZA) Hemis Corporation is an international resource company with several advanced stage exploration properties in Mexico and a project in Cook Inlet, Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (TSX: G; NYSE: GG) through Goldcorp's Mexican subsidiary Glamis Exploration. Hemis Corporation is pleased to announce that ongoing exploration at its El Tigre project has discovered potential for significant molybdenum mineralization. Previous work at El Tigre has discovered multiple zones of gold-bearing breccias. The discovery of potential for molybdenum represents a new exploration opportunity at El Tigre for the Company. Dr. Douglas Oliver, Chief Geologist for the Company states "This represents an entirely new exploration opportunity at El Tigre." Dr. Oliver goes on to say that it is very unusual to explore for two entirely different types of mineral deposits within the same project area. Molybdenum-bearing veins were found in three locations on the La Centela concessions. The average from the samples taken from these veins was 0.7% Mo. Elevated tungsten levels were also found in some of the samples. Analyses were performed at the ALS ChemEx lab in Hermosillo, Mexico. Molybdenum is most commonly produced from large bulk-tonnage deposits called "moly porphyry systems." "Three characteristics of moly porphyries are granite or rhyolite host rocks, multiple intrusion events and the presence of molybdenum in the system," Dr. Oliver states. "With the presence of molybdenum we now have all the necessary ingredients needed to create a moly porphyry." Molybdenum is a silvery-white metal used in the production of steel, pigments and catalysts. Since 2002 the price of this metal has more than quadrupled due to increased global steel-making capacity. Exploration for a moly porphyry deposit at La Centela will be performed in conjunction with the gold exploration program at El Tigre. Plans are to drill an initial deep core hole early in the summer of 2007. 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 Hemis' 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 Investor Relations, Hudson Capital, +1-604-662-3910, for Hemis Corporation Web site: http://www.hemiscorporation.com/

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