Amerix Precious Metals Appoints Behre Dolbear to Complete NI 43-101 Report on Vila Porto Rico Property.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 ) has appointed Behre Dolbear & Company (USA), Inc. to complete a report on the Vila Porto Rico (VPR VPR Vice Provost for Research VPR Virtual PPI Reflectoscope VPR Voluntary Price Reduction VPR Value Price Reliability (Best Buy brand) VPR Vendor Price Reduction VPR Valve Protection Ring (gas cylinder collar) ) property in Para State, Brazil and to present its independent findings in a document that complies with the requirements of Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects. In October 1997, Behre Dolbear's Canadian subsidiary developed and presented its "REPORT ON THE VILA PORTO RICO PROJECT OF NEW BULLET GROUP, INC." The property was at that time controlled by New Bullet Group, the predecessor to APM. The Report provided Behre Dolbear's independent opinions regarding geological matters, exploration programs, sampling and analysis work and New Bullet Group's various studies to define ore reserves and resources that might be associated with the property. Commenting on the current Behre Dolbear appointment John Andrews, President & 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 pleased that we have been able to secure the services of Behre Dolbear to update their prior work on the VPR property and expect the updated report to be available in August." Diamond drilling on the VPR property with its potential for a large, high-grade gold resource continues and it is expected that the initial 5,000-meter program will be completed in July. As a part of the ongoing evaluation of the oxide resources and the existing 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. impoundment An action taken by the president in which he or she proposes not to spend all or part of a sum of money appropriated by Congress. The current rules and procedures for impoundment were created by the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C.A. , the Corporation has ordered the commissioning of two Ward-Bunka drills. It is expected that these two machines will arrive at Vila Porto Rico toward the end of July and commence a 50-hole systematic grid on the tailings in the area of Ouro Roxo North during August. 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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