Mr. Michael Leahy reports

REX RESOURCES ANNOUNCES APPOINTMENT OF DIRECTOR AND QP

Rex Resources Corp. has appointed Kristopher J. Raffle, BSc, PGeo, as a director of the company.

With 25 years Canadian and international base metals and precious metals mineral exploration experience, Mr. Raffle is well positioned to advance the company's Rex and Mactush copper-gold-silver projects located on Vancouver Island, near Port Alberni, B.C.

Mr. Raffle is a partner and principal geologist with the leading Edmonton-based geologic consulting firm Apex Geoscience Ltd. In addition, Mr. Raffle is a current director of Monumental Energy Corp., and has held past director roles at Defense Metals Corp. and New Placer Dome Gold Corp. He has over 25 years of experience conducting project evaluations, exploration program design, data analysis and geological modelling, with respect to Archean- and Carlin-type gold, copper-gold-porphyry, gold-silver-epithermal, volcanic-hosted massive sulphide, rare earth element, and kimberlite diamond deposits throughout Canada, the United States and Mexico.

Kristopher Raffle, PGeo, director of Rex Resourcess and a qualified person, stated: "As an exploration geologist born and raised on Vancouver Island, I have always had a keen interest in its considerable base and precious metals potential. Despite significant past production from major mines including BHP's Island Copper and the Myra Falls VMS [volcanogenic massive sulphide] deposit, in addition to significant undeveloped projects, including the Hushamu and Catface porphyry deposits, Vancouver Island remains relatively underexplored. Given the compelling historical assay results returned at Mactush, including 3.8 metres averaging 1.29 ounces per tonne (44 grams per tonne) gold, 5.0 oz/t (173 g/t) silver and 0.95 per cent copper (drill hole 87-32), I look forward to the opportunity to advance both the Rex and Mactush projects."

Qualified person

The scientific and technical information contained in this news release as it relates to the Rex and Mactush projects has been reviewed and approved by Kristopher J. Raffle, PGeo (British Columbia), principal and consultant of Apex Geoscience, who is a director of the company and a qualified person as defined in National Instrument 43-101.

Methodology and quality assurance/quality control

The historical (1988) assays results reported herein were performed by Acme Analytical Laboratories at its Vancouver, B.C., facilities. Analytical techniques and quality assurance/quality control measures employed at the time are not known; however, the qualified person has reviewed extensive original documentation, including copies of original drill logs, assay certificates, assay summary tables and drill sections. Rex Resourcess is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.

About Rex Resourcess Corp.

Rex is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties. Rex owns an undivided 100-per-cent interest in eight contiguous mineral claims located near Port Alberni, B.C., generally known as the Rex property, and has the option to acquire an undivided 100-per-cent interest in an additional eight mineral claims in proximity thereto known as the Mactush property.

We seek Safe Harbor.