MEXA GOLD Inc.
MEXA GOLD Inc.: MEXA GOLD acquires 40% on MEXAURIS S.A., Two projects in execution
MEXA GOLD Inc. / Contract/Alliance Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- MEXA GOLD Inc. CUSIP: 592769103 ISIN: US5927691031 WKN: A0M2LY Symbol: FST MEXA GOLD acquires 40% on MEXAURIS S.A. Two projects in execution MEXA GOLD is pleased to announce that it has signed on the 7th day of october 2007 a contract to acquire 40% of MEXAURIS S.A., a mexican mining company, which results in 40% of the future earnings, especially on the so called gold- and silvermines M1 and M2, as well as on further projects. MEXAURIS S.A. is a mexican corporation, founded by well established mine owners with a vast knowledge of the geological structure of the mine fields in Sonora. The neighboring properties M1 and M2 are near to Hermosillo, in a historical gold- and silvermine-district. The entire area includes approx. 10,000 hectare and is easy to approach. The results of drillings made in march 2007 shows 1,49 g/ton gold and 227 g/ton silver for M1 and 7,36 g/ton gold and 36 g/ton silver for M2. With the use of a sustainable process the reserves and resources, which are projected in total on to approx. 1 Mio. ounces of gold and 30 Mio. ounces of silver (non NI 43-101), will be mined. About MEXA GOLD Inc. MEXA GOLD Inc. is an investment company with its focus on precious metal projects and on precious metal-exploring- or -producing-companies (especially Gold- and Silver). The local focus is in Mexico, which is well known for its precious metal deposits since hundreds of years. For further information please have a look at www.mexagold.com and www.mexauris.com. Pleace note/Riskadvice/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 the mining and production, concentration in mineral deposits, delays in testing and evaluation of ore samples, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties. Such information contained herein represents management's best judgement as of the date hereof, based on information currently available. Dover, Oct. 08, 2007 MEXA GOLD Inc., President 08.10.2007 Financial News transmitted by DGAP ----------------------------------------------------------------------
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