======================================================================
Corex Announces Positive Trenching Results on Caliche Property
======================================================================
Vancouver, BC - Corex Gold Corp. (the "Company") is pleased to announce
trenching results from its ongoing exploration program at the Caliche
Property, Sonora, Mexico. These 6 trenches are located on various zones
throughout the Property.
The trenches are excavated to depths of 1 to 2 meters and are designed
to crosscut gold and silver mineralized zones at near right angles. The
trenches, cut through thin overburden, are then mapped and channel
sampled on 2 metre intervals. Trench results and mapping will aid in
drill hole target design. The trench assays compare favourably with the
rock chip and channel sample results from previous sampling.
Trench assays are reported as follows:
Cabeza Blanca Area
TCA-07 - Footwall zone, 22 metres @ 0.374 g/t Au, true width
approximately 10 metres, Cabeza Blanca structure, 16 metres @ 0.910 g/t
Au, true width approximately 10 metres, hanging wall stockwork zone, 24
metres @ 0.184 g/t Au, true width approximately 18 metres.
TCA-08 - Guadalupe structure, located in footwall of Cabeza Blanca, 8
metres @ 0.456 g/t Au, near true width.
Los Japoneses Area
TCA-01 - Japoneses structure, 18 metres @ 0.75 g/t Au, true width
approximately 18 metres, Japoneses hanging wall splay, 30 metres @
0.487 g/t Au, true width approximately 20 metres.
TCA-03 - Los Cuervos structure, 10 metres @ 0.558 g/t Au, near true
width, east Los Cuervos structure, 18 metres @ 0.412 g/t Au, true width
approximately 12 metres.
Las Abejas Area
TCA-02 - Hanging wall Las Abejas structure, 68 metres @ 0.578 g/t Au,
near true width, includes 26 metres @ 1.004 g/t Au, true width
approximately 22 metres, hanging wall structure 6 metres @ 0.913 g/t
Au, near true width.
TCA-04 - Hanging wall Las Abejas structure, 22 metres @ 0.447 g/t Au,
near true width.
The Caliche Property exploration program is continuing with drilling
underway and additional trenching, mapping and sampling. Corex
currently has 7 geologists onsite, 2 bull dozers and a reverse
circulation drill rig.
Alan D. Hitchborn, Vice President-Exploration, manages Corex's
exploration and development programs. Matthew D. Gray, Ph.D., C.P.G., a
Qualified Person as defined by National Instrument 43-101, supervised
the preparation of the technical information in this release.
ON BEHALF OF THE BOARD
"Craig D. Schneider"
President & CEO
For additional information on Corex Gold Corp please contact:
Tel: 604.683.2505
Fax: 604.683-2506
E-mail: info@corexgold.com
The TSX Venture Exchange has not reviewed and does not accept the
responsibility for the adequacy or accuracy of this news release. The
foregoing information may contain forward-looking statements relating
to the future performance of Corex Gold Corp. Forward-looking
statements, specifically those concerned with future performance are
subject to certain risks and uncertainties, and actual results may
differ materially. These risks and uncertainties are detailed from time
to time in Corex Gold Corp.'s filings with the appropriate securities
commissions.
======================================================================
Copyright (c) 2007 COREX GOLD CORPORATION (CGE) All rights reserved.
For more information visit our website at http://www.corexgold.com/ or
send mailto:info@corexgold.com
======================================================================
.
![]()