For many years now SAMEX has
been reviewing and evaluating numerous gold, silver
and copper mines/prospects in
Chile with the objective of discovering world-class ore
bodies.
The Company has an established
exploration office in the mining town of Copiapo,
Chile
and has formed strategic relationships with key
staff/consultants who have added to,
and enhanced the opportunities available to the Company.
(A few pics from
the field appear below).
SAMEX
is one of the few exploration companies currently conducting generative
activities in a number of the historically prospective mineral belts
of Chile.
The Company is pleased with the quality of opportunities identified
thus far, from both a geologic and a relational/operations aspect.
Management appreciates the shareholders patience as it attempts to
maximize the exploration/acquisition head-start it has initiated in
the developing bull market in precious
and base metals.