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MIX Micrex Development Corp

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Share Name Share Symbol Market Type
Micrex Development Corp TSXV:MIX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Micrex Development Corp.: No Environmental Impact Assessment Required for Burmis

03/09/2009 5:29pm

Marketwired Canada


Micrex Development Corp. (TSX VENTURE:MIX) announced today that Alberta
Environment has reviewed Micrex's "Project Disclosure and Reclamation and
Conservation Plan" for the Burmis Magnetite Project in South Western Alberta and
has determined that no Environmental Impact Assessment (EIA) and no Screening
Report will be required.


Mr. Stan Marshall, President of Micrex, said, "This decision reflects the
extensive work that Micrex has done to date and is an important part of the
progress to application. This confirms that addressing so many key issues prior
to making application for a mining permit was the right course of action."


The Company has taken a proactive approach to the permitting process; engaging
the public and government early and using the consultative process to help guide
the project planning and design. Micrex has spent several years completing
critical studies and consultation in preparation for its Disclosure Document.
The size and scope of the "Project Disclosure and Reclamation and Conservation
Plan" is evidence that even though this is a small project Micrex has made
considerable effort to minimize its impact wherever possible.


Micrex is committed to the public consultation process and the changes that have
been made to the project design and operations reflect Micrex's determination to
be responsive to stakeholder's concerns. In response to stakeholder input Micrex
made many beneficial changes to the project, including eliminating process water
use and the tailings pond, adapting the quarry operation for minimal impact,
developing an operations plan that provided flexibility in operating period to
allow maximum sensitivity to wildlife and a detailed reclamation and
conservation plan. These changes play a valuable role in reducing the project
impact on the environment and the area stakeholders.


The Company has released the "Project Disclosure and Conservation and
Reclamation Plan" on the Burmis Project Website at www.burmisproject.com under
the Latest News Link.


Micrex is awaiting input from several government departments regarding various
aspects of the project and expects this input to be forthcoming shortly.


During this period Micrex will be completing selected tasks in preparation for
submission of the Mining Application.


MICREX DEVELOPMENT CORP.

Burmis Magnetite/Titanium Property - St. Charles de Bourget Magnetite/Titanium
Property - Fort Steel Placer Property - Bighorn Gold Mine - Banks Gold Mine -
Mount Royal Gold Mine - Deadwood Gold Mine - Sunburst Gold Property


FORWARD LOOKING STATEMENTS

Certain statements in this news release are "forward-looking statements", which
reflect management's expectations regarding its property and business
operations. All statements other than statements of historical fact contained in
this news release are forward-looking statements. Such forward-looking
statements involve risks and uncertainties, as they reflect management's current
beliefs and are based on information currently available to management. Actual
results may differ materially from those anticipated in the statements made. The
forward-looking statements are expressly qualified in their entirety by this
cautionary statement. The forward-looking statements are made as of the date of
this news release and Micrex assumes no obligation to update or revise them to
reflect new events or circumstances except as expressly required by applicable
securities law. Further information regarding the uncertainties and risks can be
found in the disclosure documents filed by Micrex with the securities regulatory
authorities, available at www.sedar.com.


SEC 12 g (3) Exemption 82-4281

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