Midex Gold Corp.
OTC Bulletin Board : MDXO

January 25, 2010 16:01 ET

Midex Gold Corp Finds Gold in Every Sample of Phase 1 Soil Sample Program on Its Golden Hills Property.

DAR ES SALAAM, TANZANIA--(Marketwire - Jan. 25, 2010) - Midex Gold Corp. (OTCBB:MXGD) (www.midexgold.com) management provides results from 58 of the 115 soil samples taken on its 100% owned Golden Hills property in Tanzania.

Midex's technical team lead by company president Morgan Magella has completed its phase 1 exploration program on its Golden Hills property including both stream sediment sampling and widely spaced soil sampling. The first 58 samples have been returned from the lab, every sample contained gold. Values ranged from .135 grams per ton to .009 grams per ton. "we are extremely encouraged by the first soil sample results as it is seldom that one finds gold values so widely spaced and in every sample" stated Morgan Magella company president.

The balance of soil samples are currently being interpreted and should be ready for release before week's end.


Midex Gold is positioned to take advantage of Tanzania's rich mineral resources by developing a select portfolio of near-term gold and diamond production projects. With the company's network of strategic relationships with senior mining professionals and government officials in Tanzania, it is poised to identify key mining concession targets that are ready to be developed.


This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control and actual results may differ materially from the expected results. The Company does not expect to update forward-looking statements continually as conditions change. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's quarterly filings with the SEC and other periodic filings

No Exchange has either approved or disapproved of the information contained herein.

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