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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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From: cprecher2/11/2008 2:52:54 PM
   of 11603
 
Look on Maxam web page PR out. February 11, 2008 - Maxam Gold Corporation:



Maxam Gold Corporation (Pink Sheets: MXAM) President Richard G. Steeves is pleased to announce it has received economically viable results from its first round exploration of its Coyote Peak claim property. Maxam selected the Coyote Peak location based on past gold concentration data for this area. Mountain States R&D International, Inc. of Vail Arizona (Mountain States) was hired by Maxam to manage the Coyote Peak.



The Mountain States data revealed that gold was found at three of the ten locations tested. With those three locations adjacent to each other, the location for Maxam’s planned second round of testing has been established.



Richard Steeves, Maxam’s President said “Maxam’s claims in this desolate part of Arizona are extensive. Although Maxam has extensive test data from past explorations at Coyote Peak,

prudence dictates we bring that current. Our recent testing at Coyote Peak is the first step in that direction.”

Unfortunately no numbers, so we really know nothing. Another wait, I wonder if they have the money for further tests.
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