Merrex Gold Diamond Drill Program Siribaya Gold Project
HALIFAX, NOVA SCOTIA -- (Marketwire) -- 04/21/11 -- Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ('Merrex') (TSX VENTURE: MXI) is pleased to announce that the contract for the diamond drill program has been signed with BLY Mali SA, the Malian division of Boart Longyear Canada of North Bay, Ontario, and that the drill has arrived at the Siribaya field camp in West Mali.
The Siribaya Gold Project is a 50/50 Merrex-IAMGOLD Corporation joint project and the joint project management committee has approved a 10,000 metre diamond drill program for Siribaya, the objective of which program is to increase the present NI 43-101 resource estimate (see news release March 3, 2011 for details of the diamond drill program).
For further details about the Siribaya Gold Project visit Merrex's new website at www.merrexgold.com.
Gregory P. Isenor, P. Geo., is the Qualified Person as defined under NI 43-101 who has reviewed and is responsible for the technical information presented in this news release.
Merrex is a Mali focused and well-funded gold exploration company with experienced management, a solid exploration team, a prominent gold-producer as a partner and an expanding gold resource ... a winning combination offering investors an extraordinary opportunity.
On Behalf of the Board
Gregory Isenor, P.Geo., President & CEO
This press release includes certain statements that may be deemed 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
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.
Contacts:
Merrex Gold Inc.
Gregory Isenor, P.Geo.
President & CEO
(902) 832-5555
(902) 832-2223 (FAX)
info@merrexgold.com
