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Symbol: R5E
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AmMex Gold Reports Copper, Molybdenum Anomaly at Rey Midas Concession, Sonora, Mexico
2007-04-26 09:15 ET - News Release
SONORA, Mexico -- (Business Wire)
AmMex Gold Mining Corp. (OTCBB: AMXG)(FWB: R5E, WKN: A0KE72) is pleased to report initial results of a reconnaissance program at the Rey Midas concession, located in NW Sonora, Mexico.
Surface sampling has identified an area with elevated copper, molybdenum and lead over approximately five to six hectares that may extend under post mineral alluvial cover. Several assays reported anomalous copper values with the best sample reporting just over 1% copper (10,000 ppm). The same area also carried moderately anomalous Molybdenum with two samples over 100 ppm and higher Lead values with several samples over 100 ppm and the best sample at 800 ppm Pb.
AmMex Gold is planning a 2nd phase exploration program to further investigate the Copper/Molybdenum anomaly, along with an initial reconnaissance program of the nearby San Filipe area (a placer gold occurrence).
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 is quoted 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.
Contacts:
AmMex Gold Mining Corp.
Bill Reed, 520-907-9986
VP of Exploration
Toll-free: 1-866-481-2233
Source: AmMex Gold Mining Corp.
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