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Southern Andes Energy Inc.

Publié le 11 septembre 2008

receives Macusani East project data from Eldorado Gold Corporation

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Mots clés associés :   Uranium | Zinc |

Solex Resources Corp. receives Macusani East project data from Eldorado Gold Corporation

    VANCOUVER, Sept. 11  - Solex Resources Corp. (TSX-V: SOX) ("Solex"
or the "Company") today announced that they have received technical data from
Eldorado Gold Corporation ("Eldorado") on its Macusani East Joint Ventured
project ("the Project"). This information was received on September 5, 2008
and includes data that has not previously been released to Solex. All new data
received from Eldorado will be verified by Solex's Qualified Person prior to
public disclosure.


    Solex has contracted ACA Howe International Limited ("Howe"), an
international geological and mining consulting firm, to provide analysis of
the data and a thorough re-evaluation of all work conducted by Frontier
Pacific during the years of 2006, 2007 and 2008. Howe will test the
sufficiency of this work to support a NI43-101 Inferred Resource Estimate for
the Macusani East project. Howe will also be responsible for providing
recommendations for future development programs of this region.

    About the Macusani East Project

    The Macusani East project is joint-ventured with Eldorado Gold
Corporation. The Project contains 53 known uranium anomalies discovered in the
1970s by the Peruvian Institute of Nuclear Energy (IPEN) and consists of
72 concessions covering 47,820 hectares. On April 21, 2005, Solex entered into
a joint venture agreement with Frontier in which Frontier had the right to
earn a 50% interest in the project by spending US$4-million over five years as
the operator. Frontier fulfilled its obligations in just over two years and
subsequent to the acquisition of Frontier by Eldorado in 2008, Eldorado is now
a 50/50 partner on the project.

    About Solex Resources Corp.

    Solex Resources Corp. is the dominant landholder in southern Peru's
Macusani Uranium District with concessions covering over 904 km(2). In 2008, a
$5.5-million exploration program is being carried out on the Company's
Macusani East joint ventured uranium project. The Company is also aggressively
exploring its three 100% owned Macusani uranium projects. A NI 43-101 report
has recently been filed on the Princesa silver, lead and zinc property and
further field work has been completed on the Pilunani lead and zinc project
with a report due shortly.

    <<
    The TSX Venture Exchange (the "Exchange") has not reviewed and does not
    accept responsibility for the accuracy or adequacy of this news release.
    The Exchange has in no way passed upon the merits of the proposed
    transaction and has neither approved nor disapproved the contents of this
    press release.
    >>

    This news release may contain forward-looking statements that are based
on Solex's expectations, estimates and projections regarding its business and
the economic environment in which it operates. These statements are not
guarantees of future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and results may
differ materially from those expressed in these forward-looking statements and
readers should not place undue reliance on such statements. Statements speak
only as of the date on which they are made, and the Company undertakes no
obligation to update them publicly to reflect new information or the
occurrence of future events or circumstances, unless otherwise required to do
so by law.

For further information: Deborah Thiel, V.P., Corporate Development,
Cell: (604) 512-9691, Toll Free: (877) 646-4488, Email:
dthiel@solexresources.com, Website: www.solexresources.com


To update your contact information or to be removed from this dissemination list, please e-mail pressreleases3@equicomgroup.com

Southern Andes Energy Inc.

EXPLORATEUR
CODE : SUR.V
ISIN : CA8421991016
Suivi et investissement
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Southern Andes est une société d’exploration minière d'argent et de plomb basée au Canada.

Southern Andes détient divers projets d'exploration au Perou.

Ses principaux projets en exploration sont MACUSANI WEST, PICOTANI, PILUNANI, CULLQUIMAYO, MACUSANI SOUTH, MACUSANI EAST, PRINCESA et ACCOCUCHO SUR au Perou.

Southern Andes est cotée au Canada. Sa capitalisation boursière aujourd'hui est 11,5 millions CA$ (9,3 millions US$, 7,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 09 février 2007 à 4,80 CA$, et son plus bas niveau récent le 22 mai 2020 à 0,01 CA$.

Southern Andes possède 74 468 000 actions en circulation.

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Rapports annuels de Southern Andes Energy Inc.
2007 Annual report
Financements de Southern Andes Energy Inc.
16/03/2010announces closing of private placement
22/09/2009Withdraws Private Placement Offering
20/08/2009Further Extension to Non-brokered Private Placement Closing
21/07/2009 Further Extension to Non-Brokered Private Placement Closing
06/07/2009Announces Extension of Non-Brokered Private Placement
22/06/2009Announces Non-Brokered Private Placement
Attributions d'options de Southern Andes Energy Inc.
01/03/2011Grant of 2,175,000 Stock Options
28/09/2009 Granting of Options
28/05/2008Announces stock options grant to directors and employees
Projets de Southern Andes Energy Inc.
12/01/2011(Macusani South)New Uranium Discovery at Alpi-1 Project in Peru
15/05/2009(Macusani East)Receives Very Positive Metallurgical Test Results From Large...
02/03/2009(Macusani East)Signs Letter of Intent with Eldorado Gold
17/11/2008(Macusani East)Reports Complete Drill Results at the Sayana Central Target,...
13/11/2008(Macusani South)completes initial drilling program and continues metallurgic...
14/08/2008(Macusani South)Solex Resources Corp. announces delivery of metallurgical te...
12/08/2008(Macusani South)Solex Resources Corp. announces drilling on Macusani South P...
02/06/2008Completes NI 43-101 Technical Report at Princesa
25/02/2008(Macusani East)Frontier Pacific & Solex Joint Venture Reports Drill Results...
14/01/2008(Macusani East) and Frontier Pacific Confirm Earn-In and Proposes 2008 Expl...
Communiqués de Presse de Southern Andes Energy Inc.
01/06/2011and Ansue Capital Corp. Announce the Closing of the Ansue Ca...
20/05/2011and Ansue Capital Corp. Announce That Southern Andes Energy ...
14/04/2011and Ansue Capital Corp.
28/04/2010shareholders approve Homeland Uranium asset acquisition
02/03/2010Announces Proposed Transaction to Acquire Cash and Shares Fr...
15/10/2009$100 million Equity Financing By Subsidiary Orion Oil & Gas ...
16/07/2009Completes Previously Announced Transaction with Eldorado Gol...
26/05/2009Finalises Agreement With Eldorado Gold Corporation to Acquir...
02/03/2009Correction: Solex Resources Signs Letter of Intent with Eldo...
12/12/2008Reports Complete Drill Results at the Puncopata Prospect, In...
11/09/2008receives Macusani East project data from Eldorado Gold Corpo...
27/05/2008adopts shareholder rights plan
27/05/2008retains leading investor relations firm
27/03/2008Confirms New Uranium Mineralization on Its 100% Owned Macusa...
12/12/2007 Provides Exploration Update on Wholly Owned Uranium Project...
19/11/2007 Responds to Dissident Circular
23/04/2007Resources Corp. Change Of Address
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