Hemisphere Gold Begins Aeromagnetic and Radiometric Survey.

Gold Exploration Company Moving Forward with Data Acquisition on Two Fronts

RENO, Nev. -- Hemisphere Gold Inc. (Pink Sheets:HPGI), a gold exploration, property acquisition and mining development company, is pleased to announce that the Company has engaged the services of Terraquest Ltd.

In addition to the previously announced auger program, the Company is conducting the aeromagnetic and radiometric survey at the same time to achieve quicker results while maintaining cost effectiveness.

Terraquest Ltd. is to complete a high resolution horizontal gradiometric aeromagnetic and radiometric survey over the Company's 72,000 hectare concessions in Suriname. A total of approximately 5,840 line kilometers is being flown at a spacing of 150 meters.

The survey is underway and preliminary data is being processed in the field by the Terraquest geophysical team and Hemisphere also believes that preliminary data from the air surveys may aid in the auger sampling.

Terraquest is a well recognized geophysical company that specializes in high quality airborne geophysical surveys and they have completed many surveys on the Guyana Shield. Their professional crews offer a great deal of experience and expertise having carried out thousands of airborne magnetic, gamma spectrometry, and electromagnetic surveys both domestically and internationally. Terraquest's quality data sets have been utilized in the exploration of base and precious metals, kimberlite, hydrocarbons, and uranium and water.

The survey will be of value in defining geology, structure and alteration that relates to gold mineralization. In an exploration program in a new gold district, airborne geophysics is an invaluable tool to assist in exploration. Suriname is in the tropical region with deep weathering; thus exposures of rocks and mineralization are rare and geophysics is an essential component of a successful exploration program.

About the Company

Hemisphere Gold Inc. is in the business of exploration and acquisition of gold properties in some of the world's best gold districts. The Company's objective is to take advantage of high-yielding untapped mineral producing properties through exploration and acquisition. The Company's flagship property is in Suriname, a democratic country which has had mining operations since the 1700's. Suriname is an emerging major gold producer with international companies showing interest. Hemisphere is committed to maintaining environmental stewardship, occupational safety and corporate responsibility.

For more information, please visit http://www.hemispheregold.com/

This press release may contain forward-looking statements which are pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, risks associated with mining exploration, risks of governmental legislation and regulation, risks associated with technological changes, risks associated with dependence on third parties, risks relating to international operations, delays in testing and evaluation of products and risks associated with competition.