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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

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Sep 10 5:00 PM EST

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To: Donald McRobb who wrote (14)	9/12/1996 3:45:00 PM
From: Ross Mickey	of 539

Spoke with their IR, Jamie (1-800-828-1488) today for a general update. Nothing new to fuel any price change. I invited him to participate in this site we'll see. This was the news... Drilling is continuing at their Santa Isabel property, two or three holes with results due mid-October. A press release can be expected in a couple of weeks. This will be an update on the work they have been doing on their Walter (sp?) property. This is the site they hope to have a production mine by 1998. It will be a tunnel mine and they are defining the underground network. Within two months they also hope to announce the acqusition of a new property, Property X, and a drill program for that property. They are being very secretive about this property but he said it is similar to Santa Isabel. Drill results in December. It is springtime in Argentina, so things should be picking up as their summer (our winter) progresses. Best of Luck, Ross

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