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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 2, 2009) - SAMEX Mining Corp. (TSX VENTURE:SXG)(OTCBB:SMXMF) - SAMEX has completed the final option payment (US$35,477) under the "Araya Option" to acquire the Providencia Mine concessions situated within the greater INCA project area. These concessions cover one of the stronger mineralized areas identified during phase I exploration at the INCA project including the Providencia copper breccia pipe, a swarm of sheeted veins, and other tourmalinized/silicified breccia bodies and pipes. With this acquisition and its other land holdings, SAMEX holds what it considers to be the most prospective and strategic concessions within the INCA project area.

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