Press ReleaseSource: AmMex Gold Mining Corporation

AmMex Report Drill Results at Concha Project, Zacatecas, Mexico
Friday November 7, 2008 4:15 pm ET

OTTAWA, ONTARIO--(MARKET WIRE)--Nov 7, 2008 -- AmMex Gold Mining Corp. (OTC BB:AMXG.OB - News)(Frankfurt:R5E.F - News)(WKN: AOKE72) is pleased to report drill results from the Concha project, a joint venture with EXMIN Resources. The drill program was designed as a first pass to explore a buried magnetic anomaly on the 7,767 hectare Concha concession in the Melchor Ocampo district situated in the Concepcion del Oro region of Zacatecas State.

A total of 1,891 meters were drilled in 7 holes at the project. A reverse circulation drill rig was used, and the principal holes designed to test the magnetic anomaly did not reach the target due to thicker than anticipated fill material. Holes on the periphery of the alteration system generally intersected wide zones of anomalous indicator elements arsenic and zinc within altered limestone and shale. Only low values of precious and base metals were intersected over small intervals.

Dr. Craig Gibson, Co-Founding Executive Vice President of Exploration for EXMIN, stated, "We were not able to adequately test the magnetic anomaly at Cerro Gordo in this preliminary program. The wallrock alteration and minor element suite are similar to that surrounding known deposits in the region and indicate that there is likely an intrusive present in the area, but the drilling was not able to reach bedrock in the heart of the magnetic anomaly. The source of the anomaly remains unknown. Also, several other targets at the project have not yet been explored."

Ammex has earned a 70% project interest by spending $150,000 on the project.

Quality Assurance

All drill samples were prepared and analyzed by BSI Inspectorate at their labs in Mexico and Reno, respectively. Gold analyses were performed by fire assay with an AA finish, and other elements were analyzed as part of a multi-element ICP package. EXMIN inserted standards into the sample sequence as a quality control/quality assurance measure.

Dr. Craig Gibson, PhD., Certified Professional Geologist, and Executive Vice President of Exploration for EXMIN is the authorized professional geologist and the direct manager of all technical programs and information.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to commencement of drilling operations, concentration in mineral deposits, delays in testing and evaluation of ore samples, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.


Contact:
     Contacts:
     AmMex Gold Mining Corp
     Investor Relations
     613-226-7883
     http://www.ammexgoldmining.com
      

Source: AmMex Gold Mining Corporation


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