MicroCap Speculator Alert – April 11, 2006

SAMEX Mining Corp.
(SMXMF)
is a junior resource
company engaged in the acquisition and exploration of mineral properties
in South America, particularly in the countries of Chile and Bolivia. The Company focuses
its exploration activities on the search for precious metal deposits.
SAMEX management is motivated by a strong conviction that gold and silver
are precious, valuable �hard assets�. In spite of lackluster precious
metal prices of recent years, SAMEX has persistently maintained and
declared its strong belief that gold prices are significantly undervalued
(Editor note: It appears they were correct has gold topped $600 an ounce
this week). Their objective is to be well-positioned to benefit from
increases in the value of gold and silver. The Company holds an interest
in the Los Zorros district gold-copper-silver prospects in Chile and in
six mineral exploration properties in Bolivia; El Desierto, Eskapa, Santa
Isabel, Walter, Wara Wara, and Yaretani. They are an exploration stage
company and have no mineral producing properties at this time. All of
their properties are exploration projects, and we receive no revenues from
production.

SAMEX is headquarted
in Abbotsford, British Colombia.

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