Amerix Reports Strong Gold Results at Ouro Roxo Gold Project, Brazil

Amerix Precious Metals Corporation (TSX VENTURE: APM)(FRANKFURT: NJG) (the "Company") is pleased to announce encouraging drill results from the Ouro Roxo Gold Project in the Tapajos Gold District, Vila Porto Rico Property (VPR) Brazil. The Company completed 18 angle core holes on the project during the first quarter of 2007, bringing the total number of holes on the Ouro Roxo Project to 69. Results from the second group of nine holes further demonstrate the continuity of the gold mineralization for more than 3 km from the Ouro Roxo North zone to the Ouro Roxo South zones through the Ouro Roxo Medio zone. All assays greater than 1 m @ 1 g/t gold are listed below:

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Drill Hole           From (m)   To (m)   Interval (m)    Grade - Au g/t
Prefix AOR
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37            No Significant   Assays                               NSA
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39                      92.0     94.0            2.0    2.0 m @ 1.7 g/t
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                       101.0    104.0            3.0   3.0 m @ 10.2 g/t
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40                      27.0     28.0            1.0    1.0 m @ 2.5 g/t
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41            No Significant   Assays                               NSA
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42                      21.0     22.0            1.0    1.0 m @ 1.1 g/t
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                        38.0     39.0            1.0   1.0 m @ 10.7 g/t
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                        54.0     57.0            3.0    3.0 m @ 1.7 g/t
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43                      40.0     42.0            2.0    2.0 m @ 5.1 g/t
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                        47.0     51.0            4.0   4.0 m @ 37.5 g/t
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                        55.0     58.0            3.0    3.0 m @ 2.2 g/t
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                       117.0    118.0            1.0    1.0 m @ 1.0 g/t
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44                      51.0     57.0            6.0    6.0 m @ 7.6 g/t
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                        70.0    73.06           3.06   3.06 m @ 1.6 g/t
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                       112.0    114.0            2.0    2.0 m @ 1.7 g/t
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45                      26.0     28.0            2.0    2.0 m @ 8.5 g/t
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                        51.0     52.0            1.0    1.0 m @ 1.2 g/t
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                        54.0     56.0            2.0    2.0 m @ 1.1 g/t
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46                      14.0     15.0            1.0    1.0 m @ 2.5 g/t
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The assays included here are the second group to be released from the 2007 drilling program. Assays are pending for five remaining holes (AOR 47 - 51). Drill holes 37, 39, 40, and 42 are from the central portion (Ouro Roxo Medio) of the 3.5 kilometres Ouro Roxo target area, and drill holes 42 - 46 are from the southern portion of the target area (Ouro Roxo South). Drill hole 38 was previously reported. Drilling in these areas is separated by an 800 metre wide zone that is yet to be drilled. See attached map.

Management's Discussion and Analysis : The Vila Porto Rico property contains 670 square kilometres of mining rights (100% APM), located in the Tapajos District, one of the largest gold producing provinces in Brazil. VPR contains extensive hydraulic mining areas, placer mining operations, and mine shafts, from which garimpeiros have produced an estimated +2 million ounces since 1958. Vila Porto Rico was first explored by Rio Tinto from 1993-97, and they completed 26 core holes (4,840 m) in the Ouro Roxo Project area. Gold mineralization occurs within the N-S trending Ouro Roxo fault zone, which is 1-2 kilometres wide, and has been traced along a strike length of more than 25 kilometres. The fault zone and gold mineralization occur within Proterozoic-age metamorphosed intrusive and sedimentary rocks. Gold mineralization is present in a variety of structures, however the best gold values have been found within faults, shears, and brecciated zones that dip moderately to the east at - 40 degrees to -50 degrees. The mineralized structures contain variable amounts of sulfides, and quartz-chalcopyrite-pyrite-gold veins. The Ouro Roxo Project is exploring a 3.5 kilometre long segment of this structural zone. Following Rio Tinto's work, the Company completed additional drilling in 2004-06 and SRK Consultants prepared a NI 43-101 Assessment Report which identified an inferred gold resource of 1.336 Mt @ 5.8 g/t for 250,000 oz Au. This resource was based on 27 drill holes from two small areas at Ouro Roxo North and Ouro Roxo South, which are separated by more than two kilometres of strike length.