canamex resources corp. fact sheet

2
website: www.canamex.us About Canamex Resources Corp. September 2012 Canamex Resources Corp. is a Canadian-based mineral exploraƟon mining company listed on the TSX Venture Exchange (Ticker Symbol: CSQ) (US: CNMXF) (Frankfurt: CX6). The company has two projects: the Bruner Gold Project, Nevada and the Aranka North Gold Project Guyana, South America. Bruner Property, Nye County, Nevada Property DescripƟon Comprised of 98 unpatented and 21 patented mining claims covering a total of approximately 2100 acres, the Bruner Property is located in central Nevada, about 45 miles northwest of the Round Mountain Mine which has produced over 10 million ounces of gold over a thirty year period. Historic producƟon at Bruner includes approximately 100,000 ounces at an average grade of 0.56 ounces per ton. Property ExploraƟon Historic work by Morrison-Knudsen, Miramar, Glamis, Newmont, KennecoƩ and others idenƟfied a low-grade resource near the southwest porƟon of the property. The work by Newmont, KennecoƩ and Miramar was summarized in a report by John Schilling in 1991. The resource secƟon of the report idenƟfies approximately 383,000 ounces of gold within the January-Duluth area of the project (this is not a NI 43-101 dened resource). On July 18, 2012 the company announced what is believed to be the best intercept ever drilled at the Bruner Gold Project, Nye County, Nevada. Drill hole B-1201 intersected 360 feet grading 0.119 oz/ton (118.11 meters of 4.08 gpt) Au between 290-650 feet, including 5 feet grading 3.864 oz/ton (1.64 meters of 132.5 gpt) Au between 455- 460 feet. In addiƟon, the drill hole intersected 55 feet grading 0.045 opt Au between 180-235 feet located above the thicker and higher-grade 360 foot intercept. MineralizaƟon at this depth could be accessible by open pit. The remaining 5 drill holes in the six hole program conrmed a low grade hole in proximity to the discovery hole. A core hole has been completed and a 16 hole drill program is scheduled o commence mid-September. The Company has received a site visit report by Dr. Stuart Simmons, VisiƟng Professor, Department of Geology and Geological Engineering, Colorado School of Mines, Golden, Colorado, who was engaged earlier in the year to advise the Company on the exploraƟon potenƟal and approach on the Bruner Gold Project. On June 19, 2012 he visited the property and produced a summary report of his work and observaƟons to date. In his report Dr. Simmons states “…The paƩerns of hydrothermal alteraƟon and mineralizaƟon at Bruner represent the boiling up-ow zone of a once acƟve hydrothermal system that transported-deposited gold and silver. These aƩributes mean that the environment and processes conducive to formaƟon of epithermal precious metal mineralizaƟon existed. Based on gaps in the exploraƟon drilling, there appears to be signicant opportunity for discovery of precious metal ores in blind veins or in lateral-verƟcal extensions of historically producƟve veins.” Dr. Simmons is a world-renowned expert on volcanic-hosted epithermal gold-silver deposits and he conƟnues to advise senior management on the exploraƟon program at the Bruner project. He will be reviewing drilling results when they are all available and as his schedule allows.

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Page 1: Canamex Resources Corp. Fact Sheet

website: www.canamex.us

About Canamex Resources Corp. September 2012 Canamex Resources Corp. is a Canadian-based mineral explora on mining company listed on the TSX Venture Exchange (Ticker Symbol: CSQ) (US: CNMXF) (Frankfurt: CX6). The company has two projects: the Bruner Gold Project, Nevada and the Aranka North Gold Project Guyana, South America.

Bruner Property, Nye County, Nevada Property DescripƟon Comprised of 98 unpatented and 21 patented mining claims covering a total of approximately 2100 acres, the Bruner Property is located in central Nevada, about 45 miles northwest of the Round Mountain Mine which has produced over 10 million ounces of gold over a thirty year period. Historic produc on at Bruner includes approximately 100,000 ounces at an average grade of 0.56 ounces per ton. Property ExploraƟon Historic work by Morrison-Knudsen, Miramar, Glamis, Newmont, Kenneco and others iden fied a low-grade resource near the southwest por on of the property. The work by Newmont, Kenneco and Miramar was summarized in a report by John Schilling in 1991. The resource sec on of the report iden fies approximately 383,000 ounces of gold within the January-Duluth area of the project (this is not a NI 43-101 defined resource). On July 18, 2012 the company announced what is believed to be the best intercept ever drilled at the Bruner Gold Project, Nye County, Nevada. Drill hole B-1201 intersected 360 feet grading 0.119 oz/ton (118.11 meters of 4.08 gpt) Au between 290-650 feet, including 5 feet grading 3.864 oz/ton (1.64 meters of 132.5 gpt) Au between 455-460 feet. In addi on, the drill hole intersected 55 feet grading 0.045 opt Au between 180-235 feet located above the thicker and higher-grade 360 foot intercept. Mineraliza on at this depth could be accessible by open pit. The remaining 5 drill holes in the six hole program confirmed a low grade hole in proximity to the discovery hole. A core hole has been completed and a 16 hole drill program is scheduled o commence mid-September. The Company has received a site visit report by Dr. Stuart Simmons, Visi ng Professor, Department of Geology and Geological Engineering, Colorado School of Mines, Golden, Colorado, who was engaged earlier in the year to advise the Company on the explora on poten al and approach on the Bruner Gold Project. On June 19, 2012 he visited the property and produced a summary report of his work and observa ons to date. In his report Dr. Simmons states “…The pa erns of hydrothermal altera on and mineraliza on at Bruner represent the boiling up-flow zone of a once ac ve hydrothermal system that transported-deposited gold and silver. These a ributes mean that the environment and processes conducive to forma on of epithermal precious metal mineraliza on existed. Based on gaps in the explora on drilling, there appears to be significant opportunity for discovery of precious metal ores in blind veins or in lateral-ver cal extensions of historically produc ve veins.” Dr. Simmons is a world-renowned expert on volcanic-hosted epithermal gold-silver deposits and he con nues to advise senior management on the explora on program at the Bruner project. He will be reviewing drilling results when they are all available and as his schedule allows.

Page 2: Canamex Resources Corp. Fact Sheet

website: www.canamex.us

Aranka North Property, Guyana, South America Property DescripƟon Located approximately 140 kilometers northwest of Guyana’s capital, Georgetown, the Aranka North Property

consists of 98,057 acres (approximately 400 square kilometers) in a highly prospec ve gold region on trend with

major gold discoveries by Guyana Goldfields at Aurora and Sulphur Rose/ Aranka and Sandspring Resources at

Toroparu. There are ac ve alluvial gold mining opera ons within Canamex’s land package.

Property ExploraƟon

The explora on objec ve is to discover the sources of bedrock gold which are feeding into the stream sand the

alluvial gold opera ons. Management is taking a measured and cost effec ve approach, star ng with high level

interpreta on and working in stages to the bedrock targets. Drilling is very expensive, sothe objec ve is to

eliminate as much risk as possible by defining the targets as clearly as possible before drilling commences.

Canamex purchased airborne geophysical data over the en re Aranka North Property when the property was

acquired from GMV Minerals. Ini al interpre ve work (announced September 13, 2011) on the data iden fied 15

large, discrete anomalies, all of which have dimensions of two to four kilometers long and one to three kilometers

wide, within large shear zones which bear similari es to the shear zones that host some of the major mul -million

ounce gold deposits in Guyana (Toroparu, Aurora, Omai) and adjacent Suriname (Rosebel). These iden fied areas

of interest cover 200-225 square kilometers of the 400 square kilometer property, thus reducing the size of the

ini al area of interest by approximately fi y percent.

The Company is focusing its explora on efforts on two key targets: the Camp Anomaly (1.75 square kilometers)

and the Ridge Anomaly (14 square kilometers). Eighteen streams drain the Ridge Anomaly, and all of them contain

anomalous gold. Importantly, the visible gold from this area is fine-grained and needle-shaped with very sharp

edges, sugges ng it has not been transported very far.

The Camp Anomaly grid soil sampling program is complete and the larger Ridge Anomaly program is underway.

The grid soil sampling programs on the Camp and Ridge Anomalies should define the bedrock source loca ons of

the gold. A er comple ng analysis of the results, if management deems it necessary, these programs will be

followed by soil auger drilling to test the base of the saprolite soils for the actual bedrock characteris cs and gold

content. From there an ini al core drilling program to test the soil anomalies will be designed and implemented.

For Further InformaƟon please visit our website: www.canamex.us

This document includes certain forward-looking statements or informa on. All statements other than statements of historical fact included in this document are forward-looking statements that involve various risks and uncertain es. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those an cipated in such statements. Canamex expressly disclaims any inten on or obliga on to update or revise any forward-looking statements whether as a result of new informa on, future events or otherwise except as otherwise required by applicable securi es legisla on.