Samex Mining Corp. is a junior resource company engaged in the acquisition and exploration of mineral properties in South America. The Company owns or has interests in mineral exploration properties in southwestern Bolivia and in central Chile. It focuses its exploration activities on the search for precious metal deposits. The Company holds an interest in six mineral exploration properties in Bolivia; El Desierto, Eskapa, Santa Isabel, Walter, Wara Wara and Yaretani, and the Los Zorros district gold, copper, silver prospects in Chile. Samex is an exploration stage company and has no mineral producing properties at this time. During the fiscal year ended November 30, 2003, Samex was principally involved in preliminary exploration work on its Los Zorros property in Chile.