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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: Don Turner who wrote (113)	3/11/1997 12:25:00 AM
From: Donald McRobb	of 539

Here's the latest on sora sora Subject: Stockwatch: Samex Mining Corp - News Release Date: Mon, 10 Mar 1997 16:34:19 -0800 Sora Sora drilling planned for May; Agua de Castilla holdings expanded Samex Mining Corp SXG Shares issued 18,559,481 Mar 10 close $1.95 Mon 10 Mar 97 News Release Mr Jeffrey Dahl reports The Sora Sora property covers a polymetallic hot springs system indicated by sinter, veins, and breccia occurrences along a 5km segment of the Coniri fault system adjacent to the Laurani Ag-Cu-Au deposit currently being explored by Corriente Resources. The Coniri trend also contains the Kori Kollo gold deposit (+60 million tonnes 0.07 oz/t) which is being open pit mined by Battle Mountain and the San Jose mineralized centre (silver-tin) near Oruro. The Sora Sora property holdings consist of three exploitation concessions totalling 5400 hectares wholly owned by Samex. The property is ideally located close to a paved highway, railroad, and electrical power lines. The veins and breccia zones were exploited during Spanish Colonial times for silver. Sinter and vein/breccia material are known to carry anomalous gold, silver, arsenic, zinc, lead, antimony, and mercury. The prospect area will be explored for epithermal, bulk mineable gold-silver deposits and bonanza-grade vein/breccia structures hosted in dacite intrusion/volcanics and Cretaceous sediments. Current exploration activity includes geologic mapping and rock chip sampling. Extensive IP/resistivity surveys are planned to be completed in early April. Reverse circulation and core drilling are planned to commence in May. Agua de Castilla A large chargeability target outboard to a range-front fault system and associated sinter/breccia deposits has been found to be more extensive in size than previously thought. Additional concessions have been added to cover the anomaly target and its projected north-south extension. IP surveys are being continued to define the extent of the target zone. Reverse circulation drilling is planned to commence in early to mid-May to test for bulk-mineable epithermal gold deposits hosted by Cretaceous sediments and folded/thrusted Ordovician black shale and siltite. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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