Mr. Greg Hahn reports

CANAMEX GRANTED EXTENSION FOR SUBSURFACE WATER RIGHT FOR BRUNER GOLD PROJECT, NEVADA

Canamex Resources Corp. has provided the following update. The Nevada Division of Water Resources has granted Canamex Resources U.S. Inc. an extension through 2017 for a subsurface water right for the Bruner gold project located in Nye county, Nevada.

The water right application for beneficial use, submitted back in April, 2014, has been approved by the state engineer of Nevada, and Canamex Resources U.S. had been granted a water right for mining purposes for 0.78 cubic foot per second, or 350 gallons per minute, on the west side of the Bruner property in early 2015. This water right was due to expire if not perfected, and the company sought and was granted a one-year extension to perfect the water right. This right, when coupled with the 0.1 cubic foot per second (50 gallons per minute) that comes with the patented ground and the well location on the east side of the property, provides the company a total of 400 gallons per minute of beneficial use for mining purposes. This should be sufficient water for development of up to an 8,000-tonne-per-day initial heap-leach operation.

The company has to complete a well at the permitted location by Dec. 30, 2017, in order to perfect the water right, and then place the well into beneficial use by Dec. 30, 2018. The company plans to develop the water rights to be able to support the continuing exploration drilling effort in advance project development. The company has permitted a new well site with the BLM for the well that covers the existing water right, and will commence permitting of a well site that goes with the recently granted water right announced herein. The reclamation bond requirement for the new well site at the old water right is $1,400, and has to be posted before water well drilling begins. It is assumed the reclamation bond for the well site to perfect the new water right will be similar.

Statement by president Greg Hahn

"The issuance of sufficient water rights for an initial heap-leach operation at Bruner follows the company's plan of anticipating development needs for the project and parallelling resource development and project development to facilitate moving the project forward expeditiously at the appropriate time," stated Mr. Hahn, president and chief operating officer.

Mr. Hahn, a certified professional geologist, is the qualified person under National Instrument 43-101 responsible for preparing and reviewing the data contained in this press release.

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