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October 21, 2008 Merrex Reaches $12,000,000 Deal with IAMGOLD for Siribaya
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October 10, 2008 Merrex Options Turkish Gold Properties
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September 29, 2008 Merrex Incentive Stock Options Granted
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September 23, 2008 Merrex Increases Ownership to 100% in Siribaya Gold Project
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August 26, 2008 To view map of recent Siribaya Drilling results click here
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August 20, 2008 Merrex Intersects 5.52 g/t Gold over 24.5 Metres in Siribaya Drilling
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Merrex Gold Inc. is a Canadian-based mining exploration company hosting a diversified portfolio of projects in Africa and Canada. Headquartered in Bedford, Nova Scotia, Merrex Gold Inc. was formed through the reverse takeover of Merrex Resources Inc. by Jubilee Minerals Limited (a privately held company). Merrex Gold Inc. now holds significant assets and trades on the TSX Venture exchange under the trading symbol MXI.
For three years, prior to the reverse takeover of Merrex, Greg Isenor was the President, CEO and a Director of Jilbey Gold Exploration. Greg led the Jilbey team in the exploration and discovery of the Bissa gold deposit in Burkina Faso and the same experienced team is now managing Merrex. In August 2005, Greg successfully negotiated the takeover of Jilbey Gold by High River Gold Mines Ltd.
Merrex's strategy is to acquire large, strategically located land areas possessing geological characteristics similar to those of major mineral deposits, including gold, lead and zinc.
The Siribaya Gold project in Mali, West Africa is the main focus for the Company. Siribaya is located within the prolific West Mali Gold Belt, which produces upwards of 1 million ounces of gold each year from deposits such as the Sadiola, Loulo and Tabakoto mines. The Merrex team is very familiar with this Belt and will apply its technical and geological know-how gained from exploring and discovering the Bissa gold deposit.
In addition to Africa, Merrex continues to explore and develop two high grade base metal targets in Eastern Canada. The first is Jubilee’s zinc/lead deposit located in the Little Narrows area of Central Cape Breton, situated in northeastern Nova Scotia. The second is an advanced nickel project in Labrador’s Voisey’s Bay area, which is a 50/50 joint venture with Celtic Minerals.
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ANALYST AND THIRD PARTY COVERAGE
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