APM Andean Precious Metals Corp

Amerix Precious Metals Corp. (TSX VENTURE:APM)(FRANKFURT:NJGN) ('Amerix' or 'the
Company') is pleased to update gold in soil assay results from the Central Grid
at the Company's Limao Gold Property that is located along the Tocantinzinho
Gold Trend, in the Tapajos Gold Province, Para State, Brazil. Amerix owns a 100%
interest in the Limao Gold Property and has recently optioned the exploration
concessions adjoining to the northwest. (See News Release 2012-06 of May 14,
2012).


During late 2011, the Company established a 10 metre by 10 metre spaced and a 20
metre by 10 metre spaced, infill soil grid, as a continuation of its earlier,
100 metre by 20 metre spaced soil grid. These grids cover the Limao Pit area
that is the main gold target at the Central Grid. As described in News Release
2012-04 dated 02/04/2012, the Limao Pit target is characterized by pyrite
bearing syenite that was exploited by small-scale artisanal miners and diamond
drilled during the 1980's using conventional drilling methods. Amerix's sampling
of stockpiled pyrite bearing syenite from near the Limao Pit also returned
positive gold in rock assay values.


The interpreted strike of mineralization acquired from the historic drilling,
combined with mapping by the Company's geologists, guided the orientation of the
infill soil grid and a total of one thousand four hundred and sixty eight,
1-metre manual soil auger samples were collected along a northwest trend. The
infill grid is bisected by two creeks that were subject to alluvial placer
mining. The linked Figure 1 shows the soil sample locations overlain on
satellite imagery.


To view Figure 1 Image, please copy and paste the URL below into new browser:

http://www.rmcommunicationsinc.com/snapmail/img/file20120607134750.pdf

The 1-metre soil auger samples were collected from a regolith consisting of
colluvium, laterite, saprolite, alluvium, and tailings that included placer
mining reject and tailings from the Limao Pit. Excluding alluvium and tailings
material, soil assay results from colluvial to saprolitic material have defined
a 600 metre northwest trending gold in soil anomaly defined by subtle, sporadic
clusters of soil anomalies ranging from 25 to 1,217 parts per billion gold and
represent the majority of the soil samples collected. Apart from the colluvium,
laterite, and saprolite, alluvial and tailings samples returned results ranging
from 11 to 6,660 parts per billion gold with one outlier of 12,900 parts per
billion gold.


Amerix is presently drilling at the Limao Property, targeting the gold in soil
anomalies and historic gold targets from artisanal mine workings located on
several grids. Drill assay results can be expected within the next few weeks and
months.


All soil samples were delivered to Acme Labs preparation facility in Itaituba,
Brazil where the samples were dried, sieved, split, and shipped to Acme's
Santiago, Chile laboratory for gold analysis by fire assay with atomic
absorption finish on a 30 or 50 gram split. Acme Laboratories is registered
under International Standards Organization ISO 9001:2008 quality control
program. The Company utilizes a QA/QC chain of custody program overseen by its
geologists concerning its samples.


Mr. Ryan Grywul, P. Geo., and Vice President, Corporate Development for Amerix,
and a qualified person as defined in National Policy 43-101 is responsible for
all technical information contained in this news release.


About Amerix Precious Metals Corporation

Amerix Precious Metals Corporation is an Ontario company, managed by an
experienced team, exploring for precious metals in Brazil. Amerix's objective is
to create value for shareholders through the delineation and expansion of
bedrock gold resources, and realization of value from placer and tailings gold
resources at the Company's properties. Brazil has significant gold potential and
is a proven mining-friendly country. Amerix will continue to seek exploration
properties of merit via staking, acquisition or merger. The Company's shares
trade on the TSX Venture Exchange under the symbol "APM" and at the Frankfurt
Stock Exchange under the symbol "NJGN".


Disclosure Regarding Forward-Looking Statements: This press release contains
certain "Forward-Looking Statements" within the meaning of applicable securities
legislation. All statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with the TSX Venture Exchange
and, among others, the Ontario Securities Commission as well as under the
heading "Risk Factors" in the Management Discussion and Analysis.

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