Amerix Precious Metals Corporation
TSX VENTURE : APM
FRANKFURT : NJG

Amerix Precious Metals Corporation

February 28, 2007 15:58 ET

Amerix Adds Technical Team

TORONTO, ONTARIO--(CCNMatthews - Feb. 28, 2007) - Amerix Precious Metals Corporation (TSX VENTURE:APM) (FRANKFURT:NJG) is pleased to announce the appointment of Dr. Lawrence Snee (PhD) as Vice President - Exploration, and Dr. Charles Thorman (PhD) as a Technical Advisor to the Company. Mr. Keith Laskowski has been appointed to the Board of Directors.

Dr. Snee brings more than 30 years of experience as an exploration geologist, research geologist, and university professor, and is retired from the U.S. Geological Survey. Larry has conducted research on mineral deposits throughout the world, and managed teams of geologists, throughout the course of his career. He has worked in Brazil and investigated high-sulfidation epithermal systems in the Tapajos gold province, in addition to authoring or co-authoring more than 300 articles on mineral deposits and associated geology throughout the world. Dr. Snee is the owner of Global Gem and Geology LLC, and holds an emeritus research position with the U.S.G.S. He continues his involvement with field and laboratory studies through the U.S.G.S., and the Australian Research Council. Dr. Snee earned a PhD. and MSc. from The Ohio State University in Geology and Geochemistry, and a B.Sc. degree in Geology, Chemistry, and Biology from Florida State University. Dr. Snee brings a unique blend of extraordinary technical knowledge and field experience to the Company's programs in Brazil. Dr. Snee has been awarded the option to purchase up to 200,000 common shares of the Company at a price of $0.29, until February 28, 2012.

Dr. Thorman will continue with the company as Technical Advisor, after serving as the Company's Executive Vice President of Exploration and a Director from 1997-2005. Chuck brings more than 45 years of experience as an exploration geologist, research geologist, and university professor. He retired from the U.S.G.S. after serving as a research geologist and Branch Chief of the Central Mineral Resources from 1971-95. Chuck serves as a Geologist Emeritus of the U.S.G.S., and has consulted extensively with the Brazilian geological survey (CPRM), Brazilian mining companies, and Brazilian university professors. He has authored or co-authored more than 140 publications on geology and mineral resources of Brazil, Liberia, and central and western United States, including the Tectono-Geological map of Brazil (1995) and The Mineral Economy of Brazil in 1999. Dr. Thorman received his MSc and PhD. from the University of Washington, and his BSc. from the University of Redlands. Dr. Thorman is a Fellow with the Society of Economic Geologists, a member of American Association of Petroleum Geologists, the Sociedade Brasileira de Geologia, the Prospectors and Developers Association of Canada, and is a Qualified Person as defined by NI 43-101.

Keith Laskowski, President and CEO stated, "We are very fortunate to have such experienced and committed individuals to direct and support our programs in Brazil. Together, they bring over 75 years of technical and management experience to our team. On behalf of the Board of Directors, it is my pleasure to welcome them to Amerix."

About Amerix Precious Metals Corporation

Amerix Precious Metals Corporation is an Ontario company exploring for precious metals in Brazil. Vila Porto Rico and Limao are gold projects in the Tapajos Gold Province in Brazil. The Corporation's shares trade on the TSX Venture Exchange under the symbol "APM" and at the Frankfurt Stock Exchange under the symbol "NJG".

ON BEHALF OF THE BOARD OF DIRECTORS

Keith A. Laskowski MSc. President & CEO

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • CHF Investor Relations
    Jeanny So
    Broker Relations Specialist
    (416) 868-1079, Ext. 225
    Email: jeanny@chfir.com
    or
    Amerix Precious Metals Corporation
    Keith A. Laskowski
    President and CEO
    (720) 272-6224