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ticktalkeron Apr 25, 2006 8:43am
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NewsAmerix Precious Metals Announces Start of Drilling at Nova Brasilia
4/25/2006
TORONTO, ONTARIO, Apr 25, 2006 (MARKET WIRE via COMTEX News Network) --
Amerix Precious Metals Corporation ("Amerix"), (TSX VENTURE:APM)(FWB:NJG) is pleased to report that drilling has commenced at the Nova Brasilia prospect at its Vila Porto Rico property in Para State, Brazil.
The first holes are stationed 10 meters north of the Aracati pit. The first drill hole will be drilled at an angle of minus 70 degrees and the second at minus 50 degrees in order to intersect the steeply dipping mineralized zone observed in the Aracati pit.
In October 2005, Amerix announced the results of grab sampling in the area of Nova Brasilia and the Aracati garimpeiro pit where grab samples ranged from 9.54 grams gold per tonne (gpt) in garimpeiro tailings to 162.74 gpt in the main vein. Four additional grab samples taken by Amerix geologists from the encasing gneissic rock were rich in sulfides and returned assays of 29.68, 4.31, 27.74, and 5.64 gpt. The mineralized zone has been consistently traced over a distance of 2.5 km along strike and is rich in sulfides and carbonates associated with quartz veins.
About Amerix Precious Metals Corporation
Amerix Precious Metals Corporation is an Ontario Corporation exploring for precious metals in Brazil. Vila Porto Rico and Limao are gold projects in the Tapajos Gold Province in Brazil. The Corporation's shares trade on the TSX Venture Exchange under the symbol "APM" and at the Frankfurt Stock Exchange under the symbol "NJG". There are approximately 44.6 million shares outstanding and 52.8 million fully diluted.
Additional information regarding the Corporation, including the audited consolidated financial statements of the Corporation for the financial year ended July 31, 2005, and related management's discussion and analysis of results, can be found on SEDAR at www.sedar.com.
If you would like to receive press releases via email, please contact ana@chfir.com and specify "Amerix press releases" in the subject line.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Amerix Precious Metals Corporation John Andrews President and CEO (706) 467-9427 jeacsamt@plantationcable.net CHF Investor Relations Jeanny So Broker Relations Specialist (416) 868-1079, Ext. 225 jeanny@chfir.com
SOURCE: Amerix Precious Metals Corporation
mailto:jeacsamt@plantationcable.net mailto:jeanny@chfir.com
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