Mr. John Carlesso reports

OREMEX RESOURCES PROVIDES UPDATE ON ITS SILVER EXPLORATION ACTIVITIES

Oremex Resources Inc. is highlighting the recent progress at a number of its silver properties in Mexico. The last few months have seen progress on a number of properties, and early results have been very encouraging. The company continues to be very active on moving its portfolio of silver projects though the exploration phase and into production.

"We are very pleased with the success we have had over the past year developing a legitimate portfolio of unique and highly prospective Mexican silver projects," stated Michael R. Smith, president and chief executive officer. "We plan a very active year to advance and further define the resource potential within our silver portfolio."

San Lucas

The company has initiated a re-evaluation of the 10,000 metres of drilling previously completed at the silver portion of the San Lucas property in 2007. The drilling completed by the previous management of the company was generally shallow in nature, and the company believes that there is considerable mineral potential at moderate depths. This re-evaluation will take approximately three months, after which Oremex will determine the potential for additional drilling to contribute toward its objective of developing a silver resource at San Lucas.

The San Lucas property is situated 86 kilometres north of the city of Durango and is easily accessible year-round. The property consists of 18 mineral concessions covering 925.32 hectares. San Lucas has two prominent major structures -- the Main shear zone and the Rosita structure, which converge near the north end of the property. Numerous other mineralized structures occur between these two main structures and possibly beyond. Compilation of some earlier drilling data suggest that there is the potential for a large, low-grade zinc-lead body of mineralization below higher-grade silver intercepts intersected in near-surface drill holes and workings.

Chalchihuites

Work continues at the wholly owned Chalchihuites property in Durango, Mexico, where initial sampling has yielded results of up to 3,540 grams per tonne (g/t) silver, 3.40 g/t gold, 13.2 per cent lead and 5.4 per cent zinc. Significant zones of sulphide mineralization have been found during the recent sampling and mapping program, and work continues at the property to identify drill-ready targets. Additional sampling and mapping work is scheduled, and the company is planning a drilling program at the property to commence later in 2011.

The Chalchihuites silver-lead-zinc property is situated in the municipality of Chalchihuites, about 100 kilometres southeast of the city of Durango. Power is available at the site and the property is accessible year-round. The property consists of four mineral concessions -- Santa Teresa, Purisima, Santo Domingo and Santo Domingo Dos -- and covers about 48 hectares. The property, located on the northern end of the Chalchihuites silver-producing district, is a veined manto system that in the past produced high-grade silver, lead and zinc. The mineralization identified to date is associated with shear zones hosted in a granodiorite stock and rhyolite dikes, and in limestone adjacent to the granodiorite stock. There are two parallel silver-gold-base-metal-mineralized shear zones separated by approximately 100 metres; the shear zones have strike lengths of 300 metres and 75 metres. The property is at an early stage of exploration and has no indicated mineral resources.

El Sol

An approximate 16-line-kilometre IP (induced polarization)/magnetic geophysical program has recently been completed at the wholly owned El Sol project in Durango state, Mexico. Initial results have shown that there were two anomalies identified: a moderate anomaly and a significant anomaly. Further sampling and mapping work is being conducted, from which the company expects to identify potential drill targets. Expectations are that these results will give the company the information needed to move forward with a drill program that is scheduled to start later in 2011. The company has surface access rights to the property.

The El Sol property consists of one mineral concession covering about 63 hectares and is situated in the municipality of Guadalupe Victoria, 73 kilometres northeast of the city of Durango. El Sol is located approximately one kilometre northwest (and along trend) of the Cerro Las Minitas silver-and-base-metal deposit. The property is at approximately 2,200 metres in elevation at the eastern limit of the Sierra Madre Occidental and has access year-round. The high-grade silver-lead-zinc system on the property has seen past production, but the property is at an early grassroots stage of exploration and development, and has no indicated resources.

We seek Safe Harbor.