APM Andean Precious Metals Corp

Amerix Precious Metals Corp. (TSX VENTURE:APM)(FRANKFURT:NJGN) 'Amerix' or 'the
Company') is pleased to announce that after completing a November financing (see
News Release dated October 30, 2012), the Company has recommenced drilling at
its 100% owned Limao Gold Property located in the Tapajos Gold Province, Para
State, Brazil. The Company and its drill contractor expect to be able to drill
up to the Brazilian Christmas Holiday, after which, efficient drilling will be
precluded by the usual "rainy season" for the district.


In the Company's 2012 initial drill program at the property, 14 holes were
drilled on 2 geochemical gold targets. Present drilling will be focused in the
area of the Limao Pit target, where earlier high grade gold intersections of
53.85 grams gold per tonne over 14.38 metres in hole LDH-11, 6.95 grams gold per
tonne over 5.74 metres in hole LDH-13 and 21.12 grams gold per tonne over 9.03
metres in hole LDH-14 have been encountered and reported in News Release 2012 -
12, dated September 5, 2012. These results follow the high grade gold intercepts
from the Limao Pit, reported earlier in Company News Releases 2012-09, dated
June 14, 2012, and 2012-11, dated July 10, 2012.


Amerix is excited by the high grade gold intercepts encountered in its initial
drilling campaign at the Limao Pit where gold is occurring in potassic and
hematite altered, syenitic intrusive rocks that are strongly mineralized with
pyrite. These syenites show little deformational fabric and the pyrite occurs in
disseminations, clots and along fractures. The style of gold mineralization can
be seen in drill core photos that are posted at the Company's website for each
drill hole. The Company will be drilling to extend the zone of gold
mineralization and to continue the Company's understanding of the controls of
the gold mineralization. 


Amerix's exploration team has been continuing its soil geochemical surveying at
the Limao concessions, a large greater than 10,000 hectare property. Present
soil grids have been extended to encompass newly identified targets along
favorable trends for further surface exploration and future drill testing.


Additionally, the Company is pleased to report that it has completed its "Due
Diligence" of the Serra Dourada properties adjoining to the northwest of the
Limao Gold Property. Amerix has notified the optionors that the Company will
proceed with the terms of the property option. The Company's geologists are
optimistic of the potential of these Serra Dourada properties consisting of
greater than 7000 hectares located along the northwest Tocantinzinho structural
trend. Many artisanal workings are located on these properties and will be the
focus of geochemical surveys over the coming year.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Amerix Precious Metals Corporation
Steve Brunelle
President and Chief Executive Officer
647-260-0470
steve.brunelle@amerixcorp.com


Amerix Precious Metals Corporation
Dan Hamilton
Chief Financial Officer
647-260-0470
dan.hamilton@amerixcorp.com
www.amerixcorp.com

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