Oremex Provides Update on Tejamen Silver Property


VANCOUVER, Canada, June 25 /PRNewswire/ --     Oremex Resources Inc. (TSX-V: ORM) (the "Company") today announced an 
update on progress at its Tejamen Silver Property in the State of Durango, 
Mexico. The Company's representatives are continuing discussions with the 
Ejido of Tejamen, which holds the surface rights to the Tejamen Silver 
Property. Discussions are progressing well and the Company is confident 
that a settlement that will benefit both parties can be achieved.

A NI 43-101 compliant preliminary assessment study completed in 
October 2006 by Snowden Industry Mining Consultants ("Snowden") scoped the 
project as a 10,000 tonne per day heap leach operation with open pit mining 
from the two mineralized zones, Cerro Prieto and Los Mantos. As a portion 
of the village of Tejamen lies between the two zones, Snowden considered an 
early move of the village to be an important component in advancing the 
project to production. Management has now completed an internal 
analysis based on data and cost estimates from the Snowden report that 
supports initial production from Los Mantos, the southern zone of 
mineralization, which would preclude the need to move the village of 
Tejamen in the near term. Disturbance to the village would be minimal under 
this plan of operations and production could proceed for a minimum of four 
years. The Los Mantos Zone contains approximately 70 percent of the silver 
content defined to date on the property. It also offers significant 
exploration potential for the addition of silver resources on the property. 
Under the guidance of the Company's new project development manager, 
options for commencement at Los Mantos with follow-up mining at the Cerro 
Prieto Zone are under consideration.

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.

© PR Newswire Association LLC.

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