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 Siribaya Project Update

June 22, 2010:

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for IAMGold Siribaya Project Update.

 West Mali - Gold

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SiribayaMap.jpg

West Africa has in recent years been the world’s fastest growing area for discovery, development, and production of gold, with Mali at the forefront.

Merrex has established a permanent, well-equipped exploration camp adjacent to the town of Berekegni, roughly 50km south of the town of Kenieba. During the dry season, the Berekegni camp is accessed via dirt road from Kenieba, where a government owned airstrip is serviced by regular flights from Bamako, as well as being available for chartered aircraft. Kenieba is also linked to Bamako by rail.

The properties are traversed by the Faleme River, which provides ample water for exploration activities and would be sufficient to support mining activities should the project advance to the exploitation phase.

 Project Information

 Project Areas

 Mali News Releases
  • July 15, 2010 Siribaya – Drilling Hits Zone 1B Two Kilometres South
    read more...
  • June 23, 2010 Siribaya Drilling Hits Southern Extension of Zone 1B and Northern Extension of Zone 1A; New trend developing at Babara-Kofia permits
    read more...
  • May 18, 2010 Merrex Gold - Drilling Hits Zone 1B Northern Extension and New Gold Zone at Siribaya Gold Project
    read more...
  • April 27, 2010 Merrex Siribaya Operatorship Transition
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  • March 04, 2010 Merrex Commences RC Drilling at Siribaya Gold Project
    read more...
  • February 16, 2010 Merrex Announces 20,000 Metre Drill Program for Siribaya Gold Project
    read more...
  • February 03, 2010 Merrex 2010 Resource Increases Grade and Establishes Indicated Resource at Siribaya
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  • December 21, 2009 Merrex receives IAMGOLD Approval for Siribaya 2010 Exploration Program
    read more...
  • December 01, 2009 Merrex IAMGOLD Confirms Siribaya 2010 Exploration Program
    read more...
  • November 27, 2009 Merrex Airborne Identifies Extensive Structures Outside of Siribaya Mega-Structure
    read more...
  • November 24, 2009 Merrex Airborne Survey Identifies Second Major Sub-Structure (1A)
    within Siribaya Mega-Structure
    read more...
  • November 19, 2009 Merrex Airborne Survey Confirms Strike Extension of Siribaya Zone 1B
    read more...
  • November 10, 2009 Merrex Expands Land Package at Siribaya
    read more...
  • September 16, 2009 Merrex Completes Siribaya Airborne Survey
    read more...
  • September 03, 2009 Merrex 2009 Drilling Triples Strike Length of Area 55 at Siribaya
    read more...
  • June 24, 2009 Merrex Reports Termite Mound Geochemical Survey Results
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  • June 16, 2009 Merrex Commences Airborne Geophysical Survey at Siribaya
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  • June 03, 2009 Merrex Launches 5,000 Metre Drill Program at Siribaya
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  • February 24, 2009 Merrex Launches 2009 Siribaya Exploration Program
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  • February 10, 2009 Merrex Resource Estimate Siribaya, Mali
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  • December 23, 2008 Merrex Increases Ownership of Siribaya to 100% and Closes $12,000,000 Option and Private Placement with IAMGOLD
    read more...
  • December 12, 2008 Merrex Executes Final Documentation with IAMGOLD
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  • October 21, 2008 Merrex Reaches $12,000,000 Deal with IAMGOLD for Siribaya
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  • September 23, 2008 Merrex Increases Ownership to 100% in Siribaya Gold Project
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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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  • May 26, 2008 Merrex Commissions Resource Estimate - Expands Drill Program at Siribaya
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  • May 01, 2008 Merrex Intersects 5.07 g/t Au over 33 Metres in Siribaya Drilling, Launches IP Survey and 5,000 Metre Phase II Drill Program
    read more...
  • March 27, 2008 Merrex Siribaya Drilling Intersects 3.89 g/t Au over 30 Metres
    read more...
  • March 13, 2008

    Merrex Siribaya Drilling Intersects 4.83 g/t Au over 21.5 Metres

    read more...
  • January 14, 2008 Merrex Concludes 2007 Siribaya Drilling with Intersection of 2.37 g/t Au over 14 Metres
    read more...

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