New Geologist from Barrick Gold
Canamex Announces Appointment of Chief Geologist to Manage Drilling and Geology of the Bruner Gold Project, Nye County, Nevada
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2012) - Canamex Resources Corp. (TSX VENTURE:CSQ)(OTCQX:CNMXF)(FRANKFURT:CX6) is very pleased to announce the appointment of Dr. Ellen D. Leavitt, Ph.D., as Chief Geologist for Canamex Resources US, Inc. Dr. Leavitt is a veteran exploration geologist with over 30-years of experience in exploration for precious and rare earth metals, primarily in the western United States. Dr. Leavitt completed her doctoral dissertation at University of Nevada-Reno on the geology of the Ken Snyder (Midas) high-grade volcanic hosted epithermal gold-silver vein deposit located in northern Nevada. The Ken Snyder (Midas) deposit is one of the premier high-grade gold-silver deposits in Nevada that was mined by Franco-Nevada, beginning in 1999, followed by Normandy Mining, and then Newmont; Midas contained an original mineable reserve of 3 million ounces of gold and 35 million ounces of silver.
Dr. Leavitt was Chief Geologist - REE for Rare Element Resources in 2011, and from 2010 - 2011 supervised the accelerated and extensive exploration drilling program on Rare Element's rare earth deposit in eastern Wyoming. Most recently she has been a consulting geologist to Barrick on the exploration and development drilling project, Spring Valley, a porphyry-hosted gold deposit located north of Lovelock, Nevada.
"We are very pleased to have Ellen Leavitt decide to join Canamex to form the nucleus of the geologic team that will focus on the drilling and advancement of the Bruner Gold Project", stated Greg Hahn, President and Chief Operating Officer. "I am very excited to join Canamex at this early but pivotal stage in the exploration and advancement of the Bruner Project, particularly with the exceptional intercept at the Penelas East target in drill hole B-1201 and the potential that this intercept may have in revealing a significant gold deposit beneath the alluvial cover. This is an opportunity I couldn't pass up," stated Dr. Leavitt.
Dr. Leavitt will join the Company the first week of October and take control of the drilling program currently in progress. Dr. Leavitt is a Certified Professional Geologist and Qualified Person under NI 43-101.
Bruner Drilling Recommences:
The Company has mobilized a drill rig to the project and commenced drilling September 17th on the East Penelas target, with the first holes being drilled immediately below the exceptional intercept in hole B-1201.
Greg Hahn, Certified Professional Geologist (#7122) is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.
ON BEHALF OF THE BOARD
Gregory A. Hahn, President and COO
Forward-Looking Statements:
This note contains forward-looking statements regarding future events and Canamex's future results. These statements are based on current expectations, estimates, forecasts, and projections about the industry in which Canamex operates and the beliefs and assumptions of Canamex's management. Words such as "expects", "anticipates", "targets", "goals", "projects", "intends", "plans", "believes", "seeks", "estimates", "continues", "may", variations of such words, and similar expressions, are intended to identify such forward-looking statements. In addition, any statements that refer to projections of Canamex's future financial performance, Canamex's anticipated growth and potentials in its business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict, including those identified elsewhere herein and Canamex's filings on www.sedar.com. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Canamex undertakes no obligation to revise or update any forward-looking statements for any reason.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
