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Oremex Resources Inc.

Oremex Release Results From Diamond Drill Program at Tejamen Silver Property

Vancouver, Canada (ots/PRNewswire)

Oremex Resources Inc. (TSX-V:
ORM) (the "Company") announces that it  has received final results of
a ten-hole drill program completed at its  Tejamen Silver Property
("Tejamen") in 2006. Receipt of assay results for  these holes was
delayed due to administrative difficulties in Mexico.  The holes were
drilled to twin some of the reverse circulation drill holes,  provide
samples for rock strength testing on the periphery of the proposed
pits, and to provide samples for metallurgical testing in the two
mineralized  zones. Diamond drill ("DD") holes DD-1 to DD-4 tested
the Cerro Prieto zone,  diamond drill holes DD-5 and DD-6 tested
mineralization within the Los Mantos  zone while holes DD-7 to DD-10
were primarily drilled to provide samples for  rock mechanics
testing.
Hole DD-1 was sited between reverse circulation ("RC") holes RC-1
and  RC-2, and showed good correlation with mineralized intercepts in
both holes  as follows:
                                                                      Ag
     Drill         Interval         Metres              Ag (grams    (ounces
     Hole          (metres)         (feet)              per tonne)   per ton)
     DD-1          18-84            66 (216.5)          59.5           1.74
     Incl.         38-50            12 (39.1)           127.5          3.72
     RC-1          16-82            66 (216.5)          78.5           2.30
     Incl.         24-36            12 (39.4)           113.0          3.31
     RC-2          16-108           92 (301.8)          39.1           1.15
     Incl.         26-54            28 (91.8)           50.0           1.46
     Incl.         88-116           28 (91.8)           54.1           1.58
    Hole DD-2 twinned Hole RC-7 and also showed good correlation with
    respect to grades and thicknesses as follows:
                                                                      Ag
     Drill        Interval          Metres              Ag (grams    (ounces
     Hole         (metres)          (feet)              per tonne)   per ton)
     DD-2          36-96            60 (196.8)          138.4          4.05
     Incl.         48-76            28 (91.3)           253.7          7.40
     And           112-128          16 (52.5)           32.1           0.94
     RC-7          36-102           66 (216.5)          104.5          3.05
     And           130-140          10 (32.8)           176.2          5.15
     And           150-164          14 (45.9)           35.1           1.02
    Hole DD-3 was drilled 25 metres south of Hole RC-8:
                                                                      Ag
     Drill        Interval          Metres              Ag (grams    (ounces
     Hole         (metres)          (feet)              per tonne)   per ton)
     DD-3          62-78            16 (52.5)           38.6           1.13
                   98-114           16 (52.5)           52.7           1.54
     Incl.         102-104          2 (6.6)             135.5          3.96
     Incl.         112-114          2 (6.6)             216.2          6.32
      RC-8          84-104           20 (65.4)           118            3.45
     Hole DD-4 was drilled between holes RC-28 and RC-29:
                                                                       Ag
     Drill        Interval          Metres              Ag (grams    (ounces
     Hole         (metres)          (feet)              per tonne)   per ton)
     DD-4          24-110           86 (280.4)          26.8           0.78
     Incl.         52-58            6 (19.6)            51.3           1.50
     Incl.         70-74            4 (13.1)            48.6           1.41
     Incl.         106-110          4 (13.1)            48.0           1.40
     RC-28         14-82            68 (223.0)          81.6           2.38
     RC-29         56-80            24 (78.7)           114.2          3.34
    In the Los Mantos zone, Hole DD-5 was drilled between holes RC-97 and 
    RC-98:
                                                                      Ag
     Drill        Interval          Metres              Ag (grams    (ounces
     Hole         (metres)          (feet)              per tonne)   per ton)
     DD-5          0-36             36 (118.1)          49.5           1.45
     Incl.         28-32            4 (13.1)            168.6          4.91
                   48-60            12 (39.4)           34.0           1.00
    RC-97          14-152           138 (452.6)         105.5          3.08
    RC-98          0-4              4 (13.1)            57.5           1.68
                   32-54            22 (72.2)           24.3           0.71
    Hole DD-6 was drilled between Holes RC-78 and RC-79:
                                                                      Ag
     Drill        Interval          Metres              Ag (grams    (ounces
     Hole         (metres)          (feet)              per tonne)   per ton)
     DD-6          8-24             16 (52.5)           19.7           0.57
     And           42-60            18 (59.0)           50.7           1.48
     RC-78         62-78            16 (52.5)           549.4          16.09
     And           110-150          40 (131.2)          84.1           2.46
     RC-79         64-82            18 (59)             71.4           2.09
     And           116-154          38 (124.6)          88.1           2.50
Holes DD-7 to DD-10, drilled near the proposed pitwalls for the
open pit in the Los Mantos zone, encountered relatively narrow widths
of silver mineralization. Core samples taken from these holes were
utilized by Call & Nicholas of Tuscon, Arizona for completion of
their geotechnical review of  the Tejamen property. Their report
concluded that overall geotechnical  conditions are favourable at the
property and their findings generally  supported the pit slope angles
utilized in the independent Preliminary  Assessment Study completed
by Snowden Mining Industry Consultants in 2006.
All intercepts are reported as drilled; true widths have not been
calculated. Diamond drill samples were collected, logged and split
following standard industry practice and were analyzed by
Inspectorate America Corporation using 30 element ICP with a fire
assay technique with a gravimetric finish for gold and silver. Linda
Thorstad, P. Geo., is the qualified person who reviewed the data as
received from the assay lab.
The Tejamen deposit remains open at depth and in several
directions for future exploration. The Company is continuing
discussions with the Ejido for long term access to surface rights at
the project.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.
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.

Contact:

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

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