|
AmMex Gold Discovers Three Gold-Silver Targets on the Newly Acquired Rey Midas Concession, Sonora, Mexico
SONORA, MEXICO – (BUSINESS WIRE) - April 23, 2007 - AmMex Gold Mining Corp. (OTCBB: AMXG) (FWB: R5E, WKN: A0KE72) is pleased to report on an initial reconnaissance program near their Tiliche Project located in NW Sonora, Mexico. AmMex Gold recently denounced the Rey Midas concession after identifying three areas that may have potential for the discovery of bulk tonnage gold-silver mineralization:
- Aidee – Quartz veins with associated specular hematite cut granitic rocks and occur over a wide area. The quartz vein and the host rocks have been strongly oxidized.
- Panchita – Intense stockwork quartz veinlets with minor pyrite strike N20W and cover a large area. The quartz veinlets and the host rhyolite have been strongly oxidized. – Both of the above areas have been mapped and sampled and assay results are anticipated within the next two weeks.
- San Filipe – Located just east of Veracruz Ranch – A placer gold occurrence last worked in the 1960’s has not yet been sampled because the ranch owner was traveling and could not be contacted. A site visit is planned in the immediate future.
Within the next two weeks, AmMex Gold also expects to report the remaining drill results from the recently completed 5,427 meter reverse-circulation drill program at their Tiliche project in Sonora, Mexico (see news release dated February 28, 2007). http://www.ammexgoldmining.com/News/2007/02-28-2007.asp
About AmMex Gold
AmMex Gold Mining Corp. is a precious metals exploration and development company. It is management's objective for AmMex Gold to become a gold and precious metals producer by developing the El Tiliche project in Mexico, the Bailey Hills and Ox Creek properties in Nevada, and by acquiring other advanced-stage projects and/or producing mines in proven precious metal districts throughout the world. The Company trades on the OTC market under the symbol “AMXG” and on the Frankfurt Exchange under the symbol “R5E”. For more information, please visit the Company’s website at www.ammexgoldmining.com (Available in English, German, Mandarin, Spanish and French).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: 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 the Company's filings with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
AmMex Gold Mining Corp.
Bill Reed, VP of Exploration
Tel: 520-907-9986
Toll-free: 1-866-481-2233
www.ammexgoldmining.com
|
|
|
|