AmMex Gold Mining -vor Neubewertung?
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AmMex Gold Mining Corp. September 28, 2007 Ottawa, Canada 8:30 a.m. EST (OTCBB: AMXG) (FWB: R5E; WKN: A0KE72) is pleased to announce they have commissioned Layne Drilling of Phoenix, Arizona to commence phase two drilling at their Bailey Hills property, located along the Carlin Trend in Nevada.
Six new drill sites have been located to test the strong gravity anomaly that covers the northern portion of the claims. Recently completed geophysics suggest that the horst blocks, which raise the geologic target (the Webb/Devils Gate contact) closer to the surface in the main target area, persist for as much as two miles to the north. This large favorable zone has only one older drill hole in the entire area, thus it remains essentially untested.
Previous drill testing completed by the joint venture partners in the southern area of the property intersected long intervals of anomalous gold. Further, these results suggest potential for stronger mineralization to the north.
Drilling is expected to take several months.
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 projects in Mexico and 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.
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.
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AmMex Gold Mining Corp.
Bill Reed, VP of Exploration
Tel: 520-907-9986
Investor Relations:
613.226.7883