AmMex Gold Mining Corporation
OTC Bulletin Board : AMXG

AmMex Gold Mining Corporation

April 22, 2008 10:17 ET

AmMex Completes Geophysical Program and Plans Drilling at La Concha

OTTAWA, ONTARIO--(Marketwire - April 22, 2008) - AmMex Gold Mining Corp. (OTCBB:AMXG)(FWB:R5E)(WKN:A0KE72) is pleased to announce that the AmMex 70% owned joint venture with EXMIN Resources has defined a magnetic anomaly during the ground geophysical program on the 7,767 hectare Concha concession in the Melchor Ocampo district in Zacatecas, Mexico.

The ground magnetic survey consisted of 38.5 line kilometres over a 3.5 km by 8 km area where a regional magnetic anomaly had previously been identified during an airborne survey carried out by the Mexican geological survey (Servicio Geologico Mexicano). The magnetic anomaly is interpreted to overlie the northern limb of a buried anticline along strike and down dip from small mineral prospects with weak fracture and stratigraphically controlled replacement and breccia bodies, and may represent the presence of an intrusion into the favorable host rocks at the core of the anticline. The region was previously explored by an international mining company, and stream sediment and soil samples taken by them show anomalous precious and base metal values.

Craig Gibson, Co-Founding Executive Vice President of Exploration for EXMIN which is Project Operator, stated, "The exploration program at the Concha concession is well underway. We have developed a conceptual model for mineralization based on the local geology, and the ground geophysics has delineated a magnetic anomaly, a feature characteristic of the intrusions that are generally associated with mineralization in this region. "

The Concha concession covers a 7 km by 2 km airborne magnetic anomaly in a valley near outcropping mineralization with several small mines and prospects that were exploited in the past. The majority of the mines in the region appear to be located in areas near similar magnetic anomalies. The geologic environment is known to be similar to that of the Melchor Ocampo and Concepcion del Oro districts, as well as the nearby Penasquito deposit, and provides an excellent and easily accessible exploration target.

A deposit has been sent by AmMex to Layne Drilling of Mexico and a drill rig has arrived on site. Details regarding the drill program and targets will be announced as soon as they are available.

Quality Assurance

Dr. Craig Gibson, PhD., Certified Professional Geologist, and Executive Vice President of Exploration is the authorized professional geologist for EXMIN and the direct manager of operations at Concha in consultation with Bill Reed of AmMex.

About AmMex Gold

AmMex Gold Mining Corp. is a precious metals exploration company which aims to build shareholder value by acquiring precious metals assets in proven, resource-rich areas located in politically safe areas of the world with emphasis in North and South America where the Company has strong expertise.


EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of exceptional merit in the Sierra Madre gold belt of Northwestern Mexico as well as in other highly mineralized areas of Mexico.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to commencement of drilling operations, concentration in mineral deposits, delays in testing and evaluation of ore samples, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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