Im Goldrausch

25. Januar 2010January 25, 2010                 Midex Gold Corp. (OTCBB:MXGD) (www.midexgold.com) management provides results from 58 of the 115 soil samples taken on its 100% owned Golden Hills property in Tanzania.        

Midex's technical team lead by company president Morgan Magella has completed its phase 1 exploration program on its Golden Hills property including both stream sediment sampling and widely spaced soil sampling. The first 58 samples have been returned from the lab, every sample contained gold. Values ranged from .135 grams per ton to .009 grams per ton. "we are extremely encouraged by the first soil sample results as it is seldom that one finds gold values so widely spaced and in every sample" stated Morgan Magella company president.

        The balance of soil samples are currently being interpreted and should be ready for release before week's end.                             Midex Gold is positioned to take advantage of Tanzania's rich mineral resources by developing a select portfolio of near-term gold and diamond production projects. With the company's network of strategic relationships with senior mining professionals and government officials in Tanzania, it is poised to identify key mining concession targets that are ready to be developed.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control and actual results may differ materially from the expected results. The Company does not expect to update forward-looking statements continually as conditions change. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's quarterly filings with the SEC and other periodic filings

                 Midex Gold Corp.
        Investor Relations

 

auf Deutsch

Midex Gold Corp (OTCBB: MXGD) (www.midexgold.com) Management liefert Ergebnisse von 58 der 115 Bodenproben auf dem zu 100% im Besitz ergriffen Golden Hills Eigentum in Tansania.

Midex technische Team unter der Leitung von President des Unternehmens Morgan Magella Abschluss der Phase 1 Explorationsprogramm auf seinem Golden Hills Eigentum einschließlich Flusssedimentprobennahmen und weit auseinander Bodenproben. Die ersten 58 Proben aus dem Labor zurückgegeben wurde, enthielt jede Probe Gold. Die Werte lagen zwischen ,135 Gramm pro Tonne auf ,009 Gramm pro Tonne. "Wir sind äußerst besorgt über die erste Bodenprobe Ergebnisse ermutigt, da es selten findet man Gold-Werte so weit auseinander und in jeder Probe", sagte Morgan Magella Präsident der Gesellschaft.

Der Restbetrag von Bodenproben werden derzeit interpretiert wird und sollte für die Freigabe vor Ende der Woche fertig.

Midex Gold ist positioniert, um von reichen Mineralvorkommen in Tansania durch die Entwicklung von einem ausgewählten Portfolio nehmen kurzfristig Gold und Diamanten Produktion Projekte. Mit Netzwerk des Unternehmens von strategischen Partnerschaften mit führenden Bergbau-Fachleute und Regierungsbeamte in Tansania, ist sie bereit zu wichtigen Bergbau-Konzession Ziele, die bereit sind, zu identifizieren entwickelt werden.

Diese Pressemitteilung kann zukunftsgerichtete Aussagen enthalten Aussagen, die auf Annahmen und Urteile des Managements über künftige Ereignisse oder Ergebnisse, die sich möglicherweise erweisen sich als Ergebnis der Exploration und andere Risikofaktoren, die sich seiner Kontrolle entziehen und die tatsächlichen Ergebnisse ungenau sein können erheblich von den erwarteten Ergebnissen abweichen. Das Unternehmen erwartet nicht, dass solche zukunftsgerichteten Aussagen fortlaufend zu ändern.Wichtige Faktoren, die die tatsächlichen Ergebnisse wesentlich von den Erwartungen des Unternehmens abweichen könnten, gehören die in vierteljährlichen Einreichungen des Unternehmens bei der SEC und anderen periodischen Einreichungen offen gelegt werden

Midex Gold Corp.
Investor Relations

http://www.midexgold.com/_news/news_2010_01_25.html  

MXGD - Bloomberg Businesweek:

Quelle/Link: http://investing.businessweek.com/r...?ticker=MXGD:US

Next week 0.03 - 0.05 USD

MXGD - $ - MUST READ: Petra Diamonds
MXGD - $ - MUST READ: Petra Diamonds


http://investorshub.advfn.com/board...age_id=56677249

http://investorshub.advfn.com/board...age_id=56678614

Is this a possible buyout and the reason to designate so many preferred class shares?

MXGD is in play in this days ...

http://investing.businessweek.com/r...?ticker=MXGD:US

big players coming innext week >>> .03 - .05 $

http://investing.businessweek.com/r...?ticker=MXGD:US

Diamonds -

Our Crown Jewel ? the Magembe Property
Quote:

The Magembe Property is part of a two-kilometre buffer zone created to surround the Williamson Mine (aka Mwadui) when it was developed in the 1940s and 50s. This buffer zone was formed to prohibit the mining of near-surface diamond deposits in the area immediately adjacent to the mining operation. The Williamson mine is owned 75 per cent by De Beers and 25 per cent by the overnment of Tanzania, and has a production history that spans six decades. The Williamson pipe covers 360 acres and was considered to be the largest economically exploitable pipe in the world. The mine is the original source of pink diamonds and has produced notable stones including a 54-carat flawless pink diamond and a 388-carat diamond found in 1990. South African-based Petra Diamonds is currently negotiating to purchase the mine.

http://www.midexgold.com/about/index.html

The Magembe Project is directly adjacent to the world famous Williamson Mine (http://www.midexgold.com/properties/..._mwadui_02.jpg))

So Who is Petra Diamonds Quote:

In Tanzania, Petra has a 75% interest in the Williamson mine.

http://www.petradiamonds.com/o/o_i.php

Petra Diamonds is expanding their Williamson mine with $40M in capital from IFC:

"Washington, D.C. / Johannesburg, South Africa September 28, 2010?IFC, a member of the World Bank Group, today signed a $40 million loan agreement with Petra Diamonds Limited to support the expansion of the Williamson diamond mine in Tanzania. IFC?s financing will help return the mine to profitability, extend its life, and maintain employment for about 1,000 people. " http://www.ifc.org/ifcext/media.nsf/...ssRelease?Open...

Gold -
"Midex Gold Corp Finds Gold in Every Sample of Phase 1 Soil Sample Program on Its Golden Hills Property. Midex Gold Corp. (OTCBB:MXGD) (www.midexgold.com) management provides results from 58 of the 115 soil samples taken on its 100% owned Golden
Hills property in Tanzania. " www.midexgold.com/_news/news_2010_01_25.html
The Chart:

EXTREMELY OVERSOLD!
http://stockcharts.com/h-sc/ui?s=MXG...d=p33354650776

Douglas Lake Minerals JV agreement

http://www.otcmarkets.com/otciq/aja...Id.pdf?id=37135

Douglas Lake accepting 1million shares for 100% ownership of the property tells me they expect the PPS to go much higher!

On July 31, 2009, the Company and its Board of Directors approved a five-to-one (5:1) forward stock split of all issued and outstanding common shares, with an effective date of August 10, 2009. The effect of the forward stock split increased the number of issued and outstanding common shares from 35,000,000 shares to 175,000,000 shares, and the forward stock split has been applied on a retroactive basis since the Company’s inception date.

http://www.otcmarkets.com/otciq/aja...Id.pdf?id=37630

Annual report:

http://www.otcmarkets.com/otciq/aja...Id.pdf?id=37150

*note, in the Attorneys letter he says he verifies share structure by comparing TA numbers to annual report on file...


Thanks to all who helped, Knight,Darkmatter,myself.

This is a true Diamond in the rough, I expect we hear more about the gold finds soon!

Quelle/Link: http://investorshub.advfn.com/board...age_id=56667081