update on drillingPress Release
AMMEX GOLD MINING CORP ("AMXG-L")
EXMIN RESOURCES INC ("EXM-V")
- AmMex Completes Drilling at the Concha Property in Mexico
AmMex Gold Mining Corp. is pleased to announce that it has completed a
first pass drilling exploration program on the 7,767 hectare Concha
concession, in the Melchor Ocampo district in Zacatecas, Mexico. The
Concha project is a 70% owned joint venture with EXMIN Resources.
Seven holes totaling 1,891 meters of drilling were completed. Altered
rock was encountered in several of the drill holes as targeted. All
samples have been delivered to Inspectorate Labs for analysis.
The Concha concession covers a 7 km by 2 km airborne magnetic anomaly
in a valley near outcropping mineralization, with several small mines and
prospects that were exploited in the past. The majority of the mines in the
region appear to be located in areas near similar magnetic anomalies. The
geologic environment is known to be similar to that of the Melchor Ocampo
and Concepcion del Oro districts, as well as the nearby Penasquito deposit,
and provides an excellent and easily accessible exploration target.
Quality Assurance
Dr. Craig Gibson, PhD., Certified Professional Geologist, and Executive
Vice President of Exploration is the authorized professional geologist for
EXMIN and the direct manager of operations at Concha in consultation with
Bill Reed of AmMex.
About AmMex Gold
AmMex Gold Mining Corp. is a precious metals exploration company which
aims to build shareholder value by acquiring precious metals assets in
proven, resource-rich areas located in politically safe areas of the world
with emphasis in North and South America where the Company has strong
expertise.
About EXMIN
EXMIN Resources Inc. is currently focused on the exploration and
development of precious metal properties of exceptional merit in the Sierra
Madre gold belt of Northwestern Mexico as well as in other highly
mineralized areas of Mexico.