NAMEX EXPLORATIONS INC.

Augen Gold and Namex Exploration reported to have entered into an option agreement for the Southern Swayze property. The Property is largely underlain by Timiskaming sedimentary rocks intruded by quartz-feldspar porphyry – the same geological setting as that at the Jerome Mine. The property also covers four kilometers of the sheared contact between Timiskaming sediments and older volcanic rocks to the north. The option consist of 4 mineral claims in 39 units for a total of 624 hectares in Huffman and Potier Townships.