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Pastimes : CrAzY fOoLs ChAsInG rAiNbOwS
GLD 181.95-0.9%Mar 27 4:00 PM EDT

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From: ms.smartest.person1/30/2007 10:44:13 AM
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INTL ARIMEX RESOURCES: (IEA.V) ....... Here's a real cheap one to put on your radar screen. Intl' Arimex Resources is listed on the Vancouver Stock Exchange. It's a Uranium deal and the company will soon commence a drill program. IEA recently raised $783,649 which it will use to commence its drilling. IEA also recently contracted with Canalaska Uranium Ltd. to carry out a 3 hole drill program on its Key Lake Uranium Project located in the Athabasca Basin area of north central Saskatchewan. The Company had received a report from Condor Consulting Inc. on the analysis of the VTEM EM and Magnetic Survey on the Key Lake property. The analysis delineated the existence of 3 target zones on property optioned by Arimex from Canalaska Uranium Ltd. of Vancouver.

The three priority target zones selected for drilling evaluation, were discussed in detail by Arimex in a News Release dated August 24, 2006. The drill holes will be oriented at an inclination of - 75 degrees, in an attempt to intersect stratigraphy as perpendicular as possible, towards obtaining the most accurate structural information. The geological team is hoping that the target on Claim S-107560 might be a conductor associated with a parallel structure to the main Key Lake fault. The drilling program, consisting of three, 150-metre holes will be undertaken by Cyr Drilling, and Arimex's 2-3 week program is scheduled to begin with equipment and personnel mobilization on January 22, 2007. The Key Lake Project consists of five claims lying between 5 and 23 kilometres from the Key Lake mine, which produced over 200 million pounds of U3O8 before its closure in 1997. The Key Lake area was intensively explored in the 1970s, but has not been seriously tested in the light of current understanding of the factors that localize uranium mineralization.

arimexresources.com



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