merrex gold inc (MXI) Snapshot

Merrex Gold, Inc. announced that drilling has begun at its Siribaya Gold Project, West Mali. 2013 Drill Program Begins at Siribaya: The 2013 drill program has begun at the Siribaya Gold Project, West Mali. Project operator IAMGOLD Corporation has advised Merrex that two drills are active on the property. An air core drill is drilling on the Kona-Tila anomaly, a major geochemical target on the boundary of the Kambaya and Siribaya permit areas. A mechanized auger drill is also operating and is testing the 1 x 2 kilometre Diakha anomaly on the far western extremity of the Kambaya permit, an anomaly which may represent a strike extension of gold mineralization found along the Fekola-Boto trend.

Merrex Gold, Inc. announced that Elias Foscolos has resigned as a director of the company effective May 24, 2013.

Merrex Gold, Inc. announced that results have been received for the remaining seven diamond drill holes completed on the Siribaya Structure in 2012. A total of 7,790 metres of diamond drilling was completed in 2012. Six of the holes were drilled in the northern extension of Zone 1A and one hole was drilled in the southern extension of Zone 1A. All holes were designed to continue to test the extent of the 1A structure gold mineralization. Results of the drilling confirm the continuity of the mineralization within the 1A structure and all of the holes returned significant assay intersections including hole TY-DD-12-080 returning 3.90 g/t Au over 7.0 m.