Oremex Resources Inc.

Oremex Operations Update

    Vancouver, Canada (ots/PRNewswire) - Oremex Resources Inc. (TSX-V: ORM) (the "Company"), announces that it  will commence drilling on its San Lucas Property 80 km north of Durango in  the State of Durango, Mexico. The Company has mobilized its recently  purchased drill rig to the property and engaged Tiger Drilling ("Tiger") to operate and maintain the drill rig. A director of the Company is the majority shareholder of Tiger. In addition, the Company has secured a second drill rig.

    At the San Lucas Property, a 19-hole drill program completed in 2005  outlined a high grade silver-gold mineralized system with lead and zinc in  volcanic rocks over a two-kilometre strike length. Preliminary surface  mapping and sampling have traced the zone for an additional two kilometres  along strike from the original drilling. Highlights of the 2005 drill  program included intercepts of 9.26 grams per tonne ("gpt") of gold and 233  gpt silver over 4 metres in Hole 3 and 203 gpt silver over 6 metres in Hole  4. Mapping and sampling have also identified a separate mineralized  structure. A 5,000- metre program of drilling will test extensions of mineralization along strike and below previously drilled mineralization at  the property.

    The Company also reported that drilling has been delayed on the Tejamen Silver Property pending renewal of a surface access permit from the  local village authority. The Company has been engaged in communication with  the village authority and anticipates that approval will be granted next  month.

    An independent resource study (NI 43-101 compliant, as reported in the  April 11, 2006 news release) has concluded that the Tejamen Silver Property  contains a silver-equivalent resource of 50.8 million ounces in a total of  22.6 million tonnes, grading a silver-equivalent of 69.8 grams per tonne  (2.04 ounces per ton).

    The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

    National Instrument 43-101 requires the following statement: that the  preliminary assessment is preliminary in nature, that it includes inferred  mineral resources that are considered too speculative geologically to have  the economic considerations applied to them that would enable them to be  categorized as mineral reserves, and there is no certainty that the  preliminary assessment will be realized.

    Forward-Looking Statements: The above contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ  materially from those anticipated in our forward-looking statements.  Factors that could cause such differences include: changes in world  commodity markets, equity markets, costs and supply of materials relevant  to the mining industry, change in government and changes to regulations  affecting the mining industry. Forward-looking statements in this release  include statements regarding future exploration programs, operation plans,  geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward- looking statements are reasonable, results may vary, and we cannot  guarantee future results, levels of activity, performance or achievements.

ots Originaltext: Oremex Resources Inc.
Im Internet recherchierbar: http://www.presseportal.ch

For further information: Linda Thorstad, M.Sc., P.Geo.  Chief
Executive Officer, T: +1-604-683-5651, E: linda.thorstad@oremex.com

Weitere Meldungen: Oremex Resources Inc.

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