Exploration Begins On Kakadian Permit
HALIFAX - Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. reported that Merrex has begun its 2011 Phase I exploration program on its 100% owned Kakadian permit in West Mali.
Merrex has initiated a Phase I exploration program on its 100% owned Kakadian mineral permit in West Mali. The Kakadian Permit, which covers approximately 55 square kilometers. Merrex plans to follow-up on gold anomalies identified from the prior geochemical soil sampling survey during which 30% (approximately) of the Kakadian Permit was sampled. The 2011 Phase I program consists of mapping, sampling, trenching, pitting, and additional soils and termite mound geochemistry. Drilling will follow if warranted. The Kakadian permit is located in the north portion of the prolific gold-producing Sadiola-Kenieba Birimian window, and approximately 10 kilometres west of AngloGoldAshanti/IAMGOLD's Sadiola gold mine. Merrex holds a 100% interest in the Kakadian Permit subject to a 3% Net Profit Interest vendor royalty.