THE COMPANY

The company has an inventory of proven mining properties, all of which are paid for and debt-free.

The corporate focus is now on the development of both the Burmis Magnetite / Titanium property and the Québec St. Charles Magnetite/Titanium property. Magnetite is presently being offered for sale from the Québec Property.

Other properties owned by Micrex are being maintained and hold substantial reserves. It is anticipated that profits from the Burmis project will enable development of these other properties. Active exploration for undiscovered resources is, at present, not a priority.

Micrex acquired its properties because they have a demonstrated resource; usually through historical production or testing by credible authorities such as Government Geological Survey personnel etc.

Micrex always uses independent geologists and accredited assay laboratories for all sample evaluation.

Micrex gives highest priority to those properties which can be brought to production with relatively low cost and in a timely manner.

This page was updated on September 11, 2008.