DALLAS, Jan. 26, 2010 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Midex Gold Corp. (OTCBB:MXGD). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/Ip/MXGD
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Midex Gold Corp. (MXGD) is a development-stage company engaged in the business of developing a select portfolio of near-term gold and diamond production projects in Tanzania. On July 20, 2009, the Company acquired the rights to the Magembe Diamond Project located in the Shinyanga district of northwestern Tanzania. The Magembe Project is a diamond exploration target that surrounds the Williamson Diamond Mine (also known as the Mwadui Mine).
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In the report, the analyst notes:
"MXGD is positioned to take advantage of Tanzania's rich mineral resources by developing a select portfolio of near-term gold and diamond production projects. The Company is poised to identify key mining concession targets that are ready to be developed, thanks to its network of strategic relationships with senior mining professionals and government official in Tanzania.
"On January 22, MGDX's management provided details on the ongoing exploration program on its 100% owned Golden Hills Property in Tanzania. According to the report, the Company has carried out field reconnaissance to date to confirm previous geological investigations, regional-scale stream sediment sampling and widely-spaced soil sampling on the Golden Hills property. MXGD president and CEO Morgan Magella stated that results from the stream sediment and soil samples should be available in the weeks ahead."
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