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Jan 05, 2011
New Year Message from Greg Isenor, President & CEO
I trust this message finds you well having had a happy and safe holiday season.

2010 was a good year for Merrex. The RC drill program continued to confirm the growing size of Siribaya and the transition of the operatorship to IAMGOLD went smoothly. IAMGOLD continues to be a superb partner and their confidence in Siribaya was obvious as they immediately expanded both the RC drill program and the ground exploration of target areas outside of Siribaya. In summary, everything is proceeding on the property exactly as planned.

I am looking forward to 2011 eagerly and I hope that you share this enthusiasm. My expectations are that the 2011 exploration at Siribaya will yield positive results further enhancing the Siribaya deposit and that exploration at the new trends developing at Babara-Kofia, Bambadinka and West Siribaya will discover new deposits with potential similar to Siribaya. 2011 will be a very active year with lots of news to report in the near future.

Lastly, our cash position is solid, which is a good feeling going into the New Year.

So, to all of our shareholders I extend a heartfelt 'Thank you' for your support. I, together with the management and staff of Merrex, wish you all the very best for a healthy and prosperous 2011.


Greg Isenor
President & CEO
Merrex Gold Inc.

You can view the Next News Releases item: Tue Jan 11, 2011, Merrex - IAMGOLD to proceed with minimum US$3,000,000 2011 exploration program at Siribaya

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