Montréal, Québec – May 12th, 2010 – Amex Exploration inc. (AMX: TSX-V, “The Company”) is pleased to announce that MPX Geophysics Ltd. of Markham Ontario, is starting a helicopter borne geophysical survey on the recently group of properties bought from Blue Note Mining that includes its 100% owned Nueva Escondida and Natora North under the same contract, the survey will also cover the Natora-South property recently optioned by Bowmore and now called the Chivas property. The group of properties cover over 48,000 hectares in Sonora, Mexico and are all located within the Sierra Madre Occidental gold belt known for its numerous gold-silver mines.
The airborne survey is scheduled to commence this week and will be completed by May 25. The flown pattern takes into account the geological trend and the major structures interpreted from the government regional magnetic survey. A total of 568 km will be flown covering an area of 75 square kilometres. The high sensitivity aeromagnetic survey was designed to detect any major structure or underlying intrusion known to be associated with the gold mineralisation in the district. The radiometrics will identify with more accuracy the zones of alteration interpreted from the Aster image. Argillic and silica alteration zones are recognized in association with mineralisation in the district at Dolores, Mulatos, Pinos Altos and Ocampo major gold mines. Such alterations identified during the survey will be the object of a ground follow up, supported by mapping, prospecting and geochemical sampling.
The data interpretation will be realized by a geophysicist once the survey is completed and the data sets are made available. Amex will integrate this new data with existing geological mapping and historical exploration records to generate an interpretation that will be used to direct a more focused gold exploration program
Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.
The technical information reported in this news release has been approved by Jacques Trottier, geol., Qualified Person as defined by Canadian NI 43-101
For additional information, contact:
Mr. Jacques Trottier
President and Chief Executive Officer
Tel.: (514) 866-8209
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.