SOURCE: Market Pulse

March 06, 2006 08:30 ET

Market Pulse Breaking News Alert for Monday, March 6, 2006: MXAM - Maxam Gold Corporation Provides Development Update on the Xcentia/Maxam Process!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA -- (MARKET WIRE) -- March 6, 2006 -- Market Pulse News Alert for this AM, Stocks to Watch are: Maxam Gold Corporation (OTC: MXAM), Research In Motion Ltd. (NASDAQ: RIMM), JDS Uniphase Corp. (NASDAQ: JDSU) and Universal Express Inc. (OTC BB: USXP).

Investors need to be watching Maxam Gold Corporation (OTC: MXAM) this AM! Maxam Gold Corporation engages in the acquisition, exploration, and mining of gold and other precious and semi-precious metals. The company was founded in 1974 and its principle property, located south of Gila Bend, Arizona, holds 640 acres of Maxam's and related company's gold claims. Originally developed by Maxam to provide an environmentally preferred alternative to the direct acid leaching method for gold extraction, Maxam's patent-pending extraction process was also found extremely effective at extracting precious metals, base metals and toxic elements contained in the bottom ash and fly-ash by-products of coal combustion. Maxam's selection of Xcentia Mining LLC and Xcentia Energy LLC as a partner in the mining and coal ash process commercialization is a critical step that capitalizes on the vast industry specific experience possessed by Xcentia's management team. The gold and mining sectors have performed extremely well in the last twelve months! This little known company could be the next discovered gem in this industry! MXAM just had excellent news out in a press release before today's opening bell announcing a development update on the Xcentia/Maxam process! This could be great news for investors!

Maxam Gold Corporation (OTC: MXAM) (Maxam) President / CEO Richard G. Steeves is pleased to provide an update on the commercialization of the Xcentia/Maxam process.

Completed on time and within budget, the Xcentia/Maxam laboratory, located in Vancouver, British Columbia, Canada, became fully operational on November 30, 2005. From early December to date, Ish Grewal, Xcentia's Metallurgical Process Engineer, successfully performed approximately 12 metal leaching /metal extraction test sequences on representative coal ash samples. This testing not only accomplished the new lab prove-out for coal ash but also provided baseline results for the two interested companies; one a large U.S. metals producer and the other a large U.S. power producer. The plan for the next phase will see a similar test program for gold ore and precious metal samples being provided to Xcentia/Maxam by mining companies interested in using the Xcentia/Maxam extraction process.

ABOUT MAXAM GOLD CORPORATION (OTC: MXAM)

Maxam Gold Corporation engages in the acquisition, exploration, and mining of gold and other precious and semi-precious metals. The company was founded in 1974 and its principle property, located south of Gila Bend, Arizona, holds 640 acres of Maxam's and related company's gold claims. Originally developed by Maxam to provide an environmentally preferred alternative to the direct acid leaching method for gold extraction, Maxam's patent-pending extraction process was also found extremely effective at extracting precious metals, base metals and toxic elements contained in the bottom ash and fly-ash by-products of coal combustion. Maxam's selection of Xcentia Mining LLC and Xcentia Energy LLC as a partner in the mining and coal ash process commercialization is a critical step that capitalizes on the vast industry specific experience possessed by Xcentia's management team.

Stocks in the news and acting well as of late include: Research In Motion Ltd. (NASDAQ: RIMM), JDS Uniphase Corp. (NASDAQ: JDSU) and Universal Express Inc. (OTC BB: USXP).

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