Merrex Proceeds With Minimum US$3,000,000 2011 Exploration Program at Siribaya

Merrex Gold Inc. (TSXV:MXI) announce the details of the 2011 exploration program for the Siribaya Gold Project, Mali.

The press release is quoted as saying:

The 50/50 Merrex-IAMGOLD Corporation (“IAMGOLD”) joint project management committee has approved a minimum US$3,000,000 exploration program for the 2011 field season at the Siribaya Gold Project. The exploration objectives of the 2011 program aim at (1) developing the mineral potential of the Siribaya permits and (2) confirming the potential for a 2 to 4 million ounce deposit along the strike extent of the Siribaya trend. The program includes up to 17,000 metres of RC drilling to: i) investigate the strike length of the 1A and 1B Siribaya substructures for approximately two kilometres to the north of Zone 1B and approximately one kilometre to the south of Zone 1A, and ii) selective infill drilling along 200 – 300 metre spaced fences to follow up on mineralization intersected during 2010 drilling.

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