CORAL GABLES, Fla.--(BUSINESS WIRE)--Sept. 10, 1999--Orex Gold
Mines Corp. (OTC BB:ORXX) announced today that it has received
tailings from a major mining company domiciled in the USA, and ore
samples from Brazil and Peru.
The tailings from the US were received by Haber, Inc., our
licensor, and are to be tested to determine if the HGP is amenable to
the tailing sample. The two ore samples from South America are being
shipped to our licensor, Haber, Inc.
Orex is negotiating with these mining companies for the purpose
of a possible joint venture using HGP technology.
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance and
underlying assumptions, and all statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulation, and other risks defined in this document. These cautionary
statements expressly qualify all such forward-looking statements made
by or on behalf of Orex. In addition, Orex disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.
--30--cp/mi*
CONTACT: Orex Gold Mines, Coral Gables
Investor Relations Contact:
Greg Finney, 305-444-5890
KEYWORD: FLORIDA INTERNATIONAL LATIN AMERICA MONTANA
INDUSTRY KEYWORD: MINING/METALS
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