| | S A M E X M I N I N G C O R P.
![[mcr001.jpg]](https://capedge.com/proxy/6-K/0001137171-11-000224/mcr001.jpg) | | 301 - 32920 Ventura Avenue Abbotsford, BC V2S 6J3 CANADA TEL: (604) 870-9920 FAX: (604) 870-9930 TOLL FREE: 1-800-828-1488 E-MAIL: 2samex@samex.com WEB SITE: www.samex.com |
BC FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1:
Name and Address of Company
SAMEX Mining Corp.
#301 32920 Ventura Avenue
Abbotsford, BC V2S 6J3
Telephone: (604) 870-9920 Toll Free: 800 828-1488 Fax: (604) 870-9930
Item 2:
Date of Material Change
April 18, 2011
Item 3:
News Release
A news release regarding the material change was issued by SAMEX Mining Corp., in Abbotsford, BC on April 18, 2011 and was disseminated through the wire services of Marketwire.
Item 4:
Summary of Material Change
SAMEX announces that early results from its multi-faceted exploration programs at Los Zorros are strongly encouraging and demonstrate important advancements on several projects. A Titan-24 geophysical survey, which was completed subsequent to the drilling reported below, has provided key insights into many of the project targets.
Item 5:
Full Description of Material Change
SAMEX announces that early results from its multi-faceted exploration programs at Los Zorros are strongly encouraging and demonstrate important advancements on several projects. A Titan-24 geophysical survey, which was completed subsequent to the drilling reported below, has provided key insights into many of the project targets.
Program highlights include:
-
Breakthrough in target definition at the Cinchado project (see graphics plates at www.samex.com).
-
Titan-24 geophysical survey reveals numerous additional targets while refining existing ones.
-
A 900-meter step-out drill hole at the Milagro project intersects multiple auriferous (gold-bearing) stratigraphic intervals, favorable for hosting gold deposits.
-
Deep drilling at Milagro Pampa intersects a long interval of stock-work veined, variable mineralized, porphyry intrusion, which Titan-24 shows may be the halo to a large IP anomaly centered 400 meters to the east.
Item 6:
Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
This report is not being made on a confidential basis.
Item 7:
Omitted Information
There is no omitted information.
Item 8:
Executive Officer
To facilitate any necessary follow-up by the Commission, please contact Larry McLean Director of the Issuer at (604) 870-9920 or toll free at 800 828-1488, who is knowledgeable about the material change.
Item 9:
Date of Report
Dated at Abbotsford, British Columbia, the 18th day of April, 2011.
“Larry D. McLean”
Director