Amerix Announces Encouraging Drilling Results at Ouro Roxo North; Hole Measures 18 Meters of 7.7 GPT Gold.TORONTO -- Amerix Precious Metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:APM (Advanced Power Management) A programming interface (API) from Intel and Microsoft for battery-powered computers that lets programs communicate power requirements to slow down and speed up components. See ACPI. APM - Advanced Power Management ) is pleased to provide a further progress report on exploration activities at its Vila Porto Rico Porto Rico: see Puerto Rico. gold property in western Para State, Brazil. Mineracao Vila Porto Rico (MVPR MVPR Master Verification Process Requirements ), the wholly-owned Brazilian subsidiary of Amerix, has received further assay results from Ouro Roxo North, where hole number 27 intersected a mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. zone 148 meters below the collar, which averaged 7.7 grams per ton (gpt) gold over 18 meters, including 25.5 gpt gold over 5 meters. Commenting on these results, John Andrews For other persons named John Andrews, see John Andrews (disambiguation). Rev. John Andrews, D.D., a Colonial/American clergyman, professor, author and provost, was born in your mom , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Amerix, said: "We are delighted that these results confirm previous high grade intersections reported by RTMD RTMD Rebuilding Together Metro Denver (Colorado) in the mid-1990s. The results also suggest that the zone of interest may be thicker than previously understood and extend the high grade zone toward the southeast. "At Ouro Roxo South, an initial program of 14 holes has been drilled in a systematic grid based on a strong geochemical anomaly and MVPR has received further assay results from 10 holes. The results appear to be from two separate mineralized groups, possibly divided by a northeast-southwest striking fault. The table below summarizes highlights from the assay results at Ouro Roxo South. A map and assay results are available for review on the Amerix website at www.amerixcorp.com. The results of an additional four holes drilled at Ouro Roxo South are expected to be available in six to eight weeks.
Gold intersections at Ouro Roxo South
Hole Section Hole Interval Thickness Gold Assay
Number Line Bearing & in meters (Meters) (Grams per
Inclination tonne)
AORS-08 2100S 60 degrees
to west 21 - 27 6.0 4.2
29 - 30 1.0 1.7
61 - 62 1.0 2.1
64 - 66 2.2 1.9
AORS-09 2200S 60 degrees
to west 26 - 27 1.0 4.6
AORS-10 2300S 60 degrees
to west 23 - 28 5.0 5.9
including 23 26 3.0 9.5
45 - 46 1.0 1.4
69 - 70 1.4 7.4
AORS-11 2400S 60 degrees
to west 33 - 36 3.0 5.3
AORS-12 2200S 60 degrees
to west 61 - 62 0.6 1.3
77 - 78 1.0 4.4
67 - 68 1.0 3.3
AORS-21 2250S 60 degrees
to west - 7.0 5.3
including - 4.0 8.8
41 - 42 1.0 5.9
62 - 63 0.5 7.7
AORS-30 2100S 60 degrees
to west 36 - 38 1.9 7.3
111 - 112 0.4 2.8
To the north of the last row of holes (AORS-08, AORS-30 and AORS-31), a significant area of Garimpo pits suggests that the mineralized zone becomes better established. The Corporation is still awaiting a significant number of assays results. Because of this backlog of assays, the diamond drilling program at Ouro Roxo has been curtailed and MVPR will concentrate on a drill program to sample the tailings Tailings (also known as tailings pile, tails, leach residue, or slickens[1]) are the materials left over[2] after the process of separating the valuable fraction from the worthless fraction of an ore. at Ouro Roxo North before the rainy season begins. The chemical analyses on the drill core were performed by Lakefield/Geosol of Belo Horizonte, Brazil, an ISO/IEC ISO/IEC International Organization for Standardization/International Electrotechnical Commission (ITU-T M 3000) 17025 and ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 certified assayer. The technical and scientific information contained in this press release has been reviewed by John Andrews, P.Eng. (Ontario), a qualified person within the meaning of National Instrument 43-101. Mr. Andrews is President and Chief Executive Officer of the Corporation. About Amerix Precious Metals Corporation Amerix Precious Metals Corporation is an Ontario corporation that explores for precious metals in Brazil and Mexico. Santo Domingo, the Mexican property, is a silver-gold project about 90 km north of Guadalajara. Vila Porto Rico and Limao, the Brazilian properties, are gold projects in the Tapajos Gold Province in Brazil. The Company's shares trade on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. under the symbol "APM". If you would like to receive press releases via email, please contact heather@chfir.com and specify "Amerix press releases" in the subject line. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Amerix Precious Metals Corporation (TSX VENTURE:APM) |
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