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SXG Samex Mining Corp.

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Share Name Share Symbol Market Type
Samex Mining Corp. TSXV:SXG 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 -

SAMEX Expands El Gringo Drill Program and Provides Chimberos Update

27/02/2013 10:57pm

Marketwired Canada


During the course of its initial drill program at the El Gringo copper and gold
prospect at Los Zorros, SAMEX (TSX VENTURE:SXG)(OTCQB:SMXMF) has decided to
expand total drilling activity from the previously announced 570 meters to a new
total of 1200 meters. Drilling presently continues while numerous core samples
have already been sent to the lab for rush-assaying. Detailed images of the
entire core completed so far from holes EG-13-001 and EG-13-002 are now
available for viewing at www.samex.com within the Coreshack section.


"In order to improve transparency at SAMEX, I strongly believe in making photos
of newly-drilled core available for viewing as soon as it is practical to do so.
The goal is for shareholders to be able to better follow our exploration
progress as updates are regularly announced," said Sasan Sadeghpour, Chairman
and Chief Executive Officer. "The geological team and our Board of Directors
consider this to be important for shareholder awareness. However it is
imperative that investors not make any assumptions regarding possible
mineralization types or grades until certified lab results are announced."


SAMEX is also in the process of updating exploration plans at the Chimberos
Property to follow up its prior geological team's recent drilling campaign. A
detailed review of the drill core and partial assays received back so far
indicate preliminary evidence of a series of events relating to a hydrothermal
system, near what could be productive porphyries and breccias. Results will be
announced in due course once all logging and assaying has been completed.


Juan Carlos Toro Taylor, M.Sc. Economic Geology, Chief Geologist of SAMEX Mining
Corp., is acting as Qualified Person in compliance with National Instrument
43-101 with respect to this release. He has reviewed the contents for accuracy.


This News Release includes certain "forward looking statements". Without
limitation, statements regarding potential mineralization and resources,
exploration results, future prospects of the Company, and future plans and
objectives of the Company are forward-looking statements that involve various
risks. Actual results could differ materially from those projected as a result
of the following factors, among others: risks inherent in mineral exploration
and grade of ore mined; risks associated with development, construction and
mining operations; the uncertainty of future profitability and uncertainty of
access to additional capital. Except as may be required by law, SAMEX undertakes
no obligation to revise or update any forward-looking information as a result of
new information, future events, or otherwise after the date hereof.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SAMEX Mining Corp.
Sasan Sadeghpour
Director, Chairman & Interim Chief Executive Officer
(713) 956-5200 extension 102
2samex@samex.com
www.samex.com

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