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Canamex Gold Corp C.CSQ

Alternate Symbol(s):  CNMXF

Canamex Gold Corp. is a Canada-based mineral exploration company. The Company is focused on acquiring other mineral properties/assets.


CSE:CSQ - Post by User

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Post by Bolo2k12on Sep 18, 2012 10:06am
176 Views
Post# 20379164

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Canamex Announces Appointment of Chief Geologist to Manage Drilling and Geology of the Bruner Gold Project, Nye County, Nevada

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2012) - Canamex Resources Corp. (TSX VENTURE:CSQ)(OTCQX:CNMXF)(FRANKFURT:CX6) is very pleased to announce the appointment of Dr. Ellen D. Leavitt, Ph.D., as Chief Geologist for Canamex Resources US, Inc. Dr. Leavitt is a veteran exploration geologist with over 30-years of experience in exploration for precious and rare earth metals, primarily in the western United States. Dr. Leavitt completed her doctoral dissertation at University of Nevada-Reno on the geology of the Ken Snyder (Midas) high-grade volcanic hosted epithermal gold-silver vein deposit located in northern Nevada. The Ken Snyder (Midas) deposit is one of the premier high-grade gold-silver deposits in Nevada that was mined by Franco-Nevada, beginning in 1999, followed by Normandy Mining, and then Newmont; Midas contained an original mineable reserve of 3 million ounces of gold and 35 million ounces of silver.

Dr. Leavitt was Chief Geologist - REE for Rare Element Resources in 2011, and from 2010 - 2011 supervised the accelerated and extensive exploration drilling program on Rare Element's rare earth deposit in eastern Wyoming. Most recently she has been a consulting geologist to Barrick on the exploration and development drilling project, Spring Valley, a porphyry-hosted gold deposit located north of Lovelock, Nevada.

"We are very pleased to have Ellen Leavitt decide to join Canamex to form the nucleus of the geologic team that will focus on the drilling and advancement of the Bruner Gold Project", stated Greg Hahn, President and Chief Operating Officer. "I am very excited to join Canamex at this early but pivotal stage in the exploration and advancement of the Bruner Project, particularly with the exceptional intercept at the Penelas East target in drill hole B-1201 and the potential that this intercept may have in revealing a significant gold deposit beneath the alluvial cover. This is an opportunity I couldn't pass up," stated Dr. Leavitt.

Dr. Leavitt will join the Company the first week of October and take control of the drilling program currently in progress. Dr. Leavitt is a Certified Professional Geologist and Qualified Person under NI 43-101.

Bruner Drilling Recommences:

The Company has mobilized a drill rig to the project and commenced drilling September 17th on the East Penelas target, with the first holes being drilled immediately below the exceptional intercept in hole B-1201.

Greg Hahn, Certified Professional Geologist (#7122) is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.

ON BEHALF OF THE BOARD

Gregory A. Hahn, President and COO

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