Significant Gold Interecepts At Limao
TORONTO - Amerix Precious Metals Corp. reported that in its initial two drill holes, the Company has intercepted a significant zone of gold mineralization occurring in potassic altered and pyrite rich syenite intrusive rocks, at the Company's 100% owned Limao Gold Property, located in the Tapajos Gold Province, Para State, Brazil. The first hole LDH-01, drilled at an azimuth of 12 degrees and an angle of -60 degrees, intersected 12.67 metres grading 14.04 grams gold per tonne, from 28.33 to 41 metres down hole. The second hole LDH-02, drilled from the same drill platform at an azimuth of 72 degrees and an angle of -77 degrees, intersected 40.4 metres grading 3.51 grams gold per tonne, from 36.6 metres to 77 metres down hole and 3.32 metres grading 2.58 grams gold per tonne from 84 to 87.32 metres. Due to the early stage of the program and the nature of the mineralization, the Company's geologists suspect that this mineralized zone may be irregular in shape and true widths will be established as the drilling progresses. Holes have been drilled below LDH-01 and above LDH-02 to test the vertical continuity of the gold mineralization and the Company is awaiting assay results for those holes.