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NEWS RELEASE |
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| Trading Symbols: TSXV:SXG or OTCBB:SMXMF No. 9-06 June 19, 2006 | ||
INCA PROJECT UPDATE (see also INCA Coreshack) |
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| SAMEX is currently constructing
and outfitting new office and camp facilities at the INCA copper-gold-moly
exploration project in northern Chile (see map below).
In preparation for first phase exploration and core-drill planning, detailed
topographic maps will be produced from orthographic air-photos
(approximately 45 sq. kms.), which will soon be flown over the core
mineralized area of the property. Details of work programs will be
announced when completed. President Jeff Dahl comments; “The INCA project represents an outstanding opportunity for SAMEX within a historic mining district that was previously under-explored but is now awakening with significant new discovery possibilities.” The INCA property is located 90 kilometers north of Copiapo, Chile and 6.0 kilometers east of the paved highway that connects Copiapo to Diego Del Amargo and the large El Salvador copper mine. The location is well-situated with good access, expansive surrounding space for large mining operation infrastructure, and bringing in water and electrical power. SAMEX plans to carry out a concerted exploration effort at the INCA project to search for large porphyry-hosted copper-gold-molybdenum deposits. Of interest, Chilean national mining company, CODELCO, continues to pursue drill exploration of its recent porphyry copper discovery on the property adjacent to the INCA project. |
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Jeffrey P. Dahl, The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. |
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