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Canamex Announces all Matters Approved at Today's AGM
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2015) - Canamex Resources Corp. (...
About this update from Canamex Gold Corp
[{"type":"text","content":"Canamex Announces all Matters Approved at Today's AGMVancouver, British Columbia--(Newsfile Corp. - December 29, 2015) - Canamex Resources Corp. (TSXV: CSQ) (OTCQX: CNMXF) (FSE: CX6) (\"Canamex\" or the \"Company\") announces that all matters were approved by shareholders at today's annual general meeting. The board of directors of the Company now includes the following seven (7) individuals:Mark BillingsGreg HahnJeb HandwergerFrank HogelDean McDonaldMichael PesnerMike StarkIn addition, Mark Billings, CEO and director of Canamex, read the following letter at the conclusion of today's meeting:Dear fellow shareholders,As the year draws to a close, I think it is important to look back at the accomplishments of Canamex Resources Corp. over the past 12 months and look ahead to the New Year.In March of this year, we issued our maiden resource estimate compliant with the requirements of National Instrument 43-101 — Standards of Disclosure for Mineral Projects. This resource estimate included the Historic Resource Area (\"HRA\"), Penelas and Paymaster zones of the Bruner Gold Property in Nye County, Nevada. To summarize, this resource estimate includes:An indicated mineral resource of 10.3 million tonnes at an average grade of 0.72 grams per tonne gold, containing 239,000 ounces of gold in the HRA and Penelas zones; andAn inferred mineral resource of 2.45 million tonnes at an average grade of 0.77 grams per tonne gold, containing 61,000 ounces of gold in the HRA, Penelas and Paymaster zones.Shareholders can consult the full technical report on our website (www.canamex.us) and on SEDAR (www.sedar.com). This report gives the Company a clearer picture of the potential of the Bruner Gold Property, particularly in the Penelas and Paymaster zones, where little historic drilling had occurred. These resources are reported within a constraining pit that were generated using reasonable economic assumptions. Shareholders should keep in mind that this is an initial resource estimate. There are open extensions at all three zones, suggesting the potential to build upon this maiden resource estimate with additional drilling.Another significant milestone of the Company's development was announced in September of this year. Canamex informed Provex Resources Inc. (\"Provex\") that the Company had incurred at least US$6,000,000 in qualified expendi...