Deadwood Mine

New Mexico

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The Deadwood is a Patented Mining Claim that has a history of excellent production.

This mine was shut down during World War II and was never really re-activated.

Two major gold bearing veins run the length of the Deadwood claims for approximately 3000 feet.

The mine has been partially developed to a depth of 600 feet.

Historical testing by ASARCO (a large mining company) blocked out substantial reserves of gold and silver between the 600 foot level and the surface based on the evaluation of only the existing tunnel system. The gold bearing system is open at the ends and at depth with proven economic gold and silver on the same structure to the 1,100 foot level on a neighboring claim.

Mr. Patrick Kluczny, B.Sc., P.Geol. of Dahrouge Geological Consulting Ltd. is the Company's Qualified Person for this project.

Recent Developments

A joint venture agreement for exploration and development of the Sunburst and Deadwood claims that Micrex announced in 2006 has expired.

In 2009 the Company entered into an option agreement to sell a working interest in this property, but the option expired on January 1, 2011. Micrex still owns 100% of this property.