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Tuesday 02nd of December 2008
Wednesday, April 30, 2008

AmMex 2,000 meter drilling program underway

AmMex 2,000 meter drilling program underway

AmMex Gold Mining Corp. announces that its 70% owned joint venture with EXMIN Resources has commenced a 2,000 meter first pass drilling exploration program on the 7,767 hectare Concha concession in the Melchor Ocampo district in Zacatecas, Mexico.

Layne Drilling de Mexico is contracted to conduct the 2,000 meter drill program which is planned to test a maximum hole depth of approximately 300 meters.

The program is being funded by AmMex and will be managed by EXMIN Resources Inc., the project operator, in concert with AmMex Gold Mining Corp.’s technical team.

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.

The region was previously explored by an international mining company, stream sediment and soil samples taken by them show anomalous precious and base metal values.

 

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