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AmMex Completes Drilling at the Concha Property in Mexico
OTTAWA, ONTARIO--(MARKET WIRE)--May 22, 2008 -- AmMex Gold Mining Corp. (OTC BB:AMXG.OB - News)(Frankfurt:R5E.F - News)(WKN: AOKE72) 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.
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.
Contact:
Contacts:
AmMex Gold Mining Corp.
Investor Relations
613-226-7883
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