Amerix Precious Metals is pleased to announce that it has closed its previously announced fully marketed private placementled by Canaccord Genuity. The Company issued a total of 18,661,500 units at a price of C$0.12 per Unit for gross proceeds of C$2,239,380. Each Unit consists of one common share (a "Common Share") and one half of one common share purchase warrant (a "Warrant"). Each whole warrant entitles the holder to [...]
Amerix Precious Metals is pleased to announce that it has engaged Canaccord Genuity to act as agent in connection with a proposed fully marketed private placement of units to raise gross proceeds of approximately $3.0 million. Each Unit will be offered at a price of $0.12 per Unit and will consist of one common share of the Company and one half of one common share purchase warrant. Each whole warrant will entitle the [...]
Amerix Precious Metals is pleased to announce the remaining assay results from the Company's initial drill program at the Limao Gold Property located in the Tapajos Gold Province, Para State, Brazil. Results from the Limao Pit target area have returned intersections of 53.85 grams gold per tonne over 14.38 metres in hole LDH-11, 6.95 grams gold per tonne over 5.74 metres in hole LDH-13 and 21.12 grams gold per tonne over [...]
Amerix Precious Metals is pleased to announce results for three additional holes at the Company's 100% owned Limao Gold Property, located in the Tapajos Gold Province, Para State, Brazil. The location of these holes and the previously reported holes LDH-01 and LDH-02 is presented in Figure 1. Hole LDH- 03, drilled at an Azimuth of 77 degrees and an angle of -48 degrees, intersected 23.6 metres grading 6.35 grams gold per [...]
Amerix announced today that the Company has granted a total of 350,000 incentive stock options to an officer of the Company and consultants, pursuant to the Company's stock option plan. The options are exercisable for one year at a price of $0.16 per share and vest immediately. The grant is subject to regulatory approval.
Amerix Precious Metals is pleased to announce that in its initial two drill holes, the Company has intercepted a significant zone of gold mineralization occurring in potassic altered and pyrite rich syenite intrusive rocks, at the Company's 100% owned Limao Gold Property, located in the Tapajos Gold Province, Para State, Brazil. The first hole LDH-01, drilled at an azimuth of 12 degrees and an angle of -60 degrees [...]
Amerix Precious Metals is pleased to update gold in soil assay results from the Central Grid at the Company's Limao Gold Property that is located along the Tocantinzinho Gold Trend, in the Tapajos Gold Province, Para State, Brazil. Amerix owns a 100% interest in the Limao Gold Property and has recently optioned the exploration concessions adjoining to the northwest. (See News Release 2012-06 of May 14, 2012).
Amerix Precious Metals is pleased to announce that drilling has begun at the Limao Gold Property located in the Tapajos Gold Province, Para State, Brazil. In addition, the Company provides an exploration update from its program of gridded soil sampling and rock sampling. During 2011 and 2012, two separate soil sample grids, called the Subbao Grid and the Reconnaissance Grid, were established over a small scale artisanal [...]
Amerix Precious Metals, is pleased to report that it has entered into an agreement, whereby Amerix has optioned adjacent exploration properties immediately to the west of the Company's 100% owned Limao Gold Property, located in the Tapajos Gold Province, Para State, Brazil. The Company's geologists believe there is favorable gold exploration potential at these properties, consisting of almost 7000 hectares and located [...]
Amerix Precious Metals reports that it has signed a contract with Energold Perfuracoes Ltda, of Brazil to complete a drill program at the Company's 100% owned Limao Gold Property, located in the Tapajos Gold Province, Para State, Brazil. Drilling is expected to begin over the next 30 days. The Company has spent the past season at Limao completing mapping, rock sampling, and ground geochemical surveys that consisted of [...]
Amerix Precious Metals is pleased to provide an update on activities at the Company's Limao Gold Property, located in the Tapajos Gold Province, Para State, Brazil. Amerix owns a 100% interest in the Limao Gold Property, which is located along the "Tocantizinho gold trend". Amerix recently completed a 3D induced polarization/resistivity geophysical survey ("IP survey") with SJ Geophysics Ltd. to cover three separate [...]
Amerix Precious Metals is pleased to provide an exploration update for the Company's 10,000 hectare, 100% owned Limao Gold Property located in the Tapajos gold province, Para State, Brazil. The Company releases today a compilation of rock samples collected from the South Grid during 2010 and 2011 that returned anomalous gold assay results. The South Grid is one of several soil geochemical grids established at the [...]
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