EXMIN/AmMex Commence Drilling at Cerro Gordo Project

VANCOUVER, BC - EXMIN Resources Inc. reported that the EXMIN/AmMex joint venture has commenced drilling on the magnetic anomaly identified during the ground geophysical program at the Cerro Gordo project, on the 7,767 hectare Concha concession in the Melchor Ocampo district. The project land package was acquired for the joint venture through staking by EXMIN and is situated in the Concepcion del Oro region of Zacatecas State. This region has a geologic environment similar to the world class Penasquito deposit of Goldcorp, which is located approximately 25 kilometres to the southeast of the Cerro Gordo project.
Dr. Craig Gibson, Co-Founding Executive Vice President of Exploration for EXMIN, stated, "We are conducting another drill program on an outstanding target in a historically productive district. We are currently drilling the first holes at the Cerro Gordo target, on an identified magnetic anomaly, a feature characteristic of the intrusions that are generally associated with mineralization in this region. Also, we have several other targets that have not yet been thoroughly explored."
Layne de Mexico is contracted to conduct the 2,000 metre total, reverse circulation drill program which is planned to test a maximum depth of approximately 250 metres. This first pass drill program at the Cerro Gordo project is being funded by AmMex and is managed by EXMIN, the project operator, in concert with AmMex's technical team.
The company's address is 1066 West Hastings Street, Suite 2000, Vancouver, BC V6E 3X2, (866) 493-9646, fax: (604) 806-6112, email: [email protected].