12:25 PM EST - EXMIN Resources Inc. : announced that the new diamond drill rig that it secured late last year is scheduled for delivery in early March and should be drilling by mid March. EXMIN secured the new drill rig by providing a down payment on a series of core drilling programs it plans for 2007, as reported in a News Release dated December 7, 2006. The agreement, with Globexplore Drilling, S.A. de C.V., of Mexico, stipulates that the rig and drill crew be mobilized to the first drill program site within ninety days and that the rig and crew will be continue to work for EXMIN as long as EXMIN can keep them contracted. EXMIN Resources Inc.
shares V.EXM are trading down 1 cent at $0.65.