Vancouver, B.C. September 8, 2004: Oremex Resources Inc. is pleased to announce that recent drill results continue to confirm the presence of a large high grade silver zone which is expected to be amenable to open pit mining, at the El Manto area on its silver-gold Tejamen project located in the state of Durango, Mexico .

Assay results on 16 additional holes are reported in the chart below and drill hole locations are posted on the property map [see map on Tejamen property home page. www.oremex.com ] A total of 91 holes have been drilled to date, [including these 16 holes], comprised of 30 holes on Cerro Pietro and 61 holes on El Manto.

Hole 118 is located on line 150N; holes 93 through to 102 are located on line 200N; holes 103 through to 105, 119 & 120 are located on line 250N; hole 109 is located on 300N; and 114 is located on line 350N. All holes are spaced 30 meters apart along the lines (which are 50 meters apart).

Of particular note are holes 97, 101 and 104.

Drill Hole 97 -- 453 feet [138 meters] assaying 3.39 oz. per tonne [opt] silver [105.5 g/t] , including 26.2 feet [8 meters] at 12.3 oz/tonne [383 g/t],and three other intervals [each 26.2 feet [8 meters]] assaying 7.78, 5.74 and 8.19 opt, respectively.

Drill Hole 101 - 292 feet [89 meters] assaying 19.95 opt silver [620 g/t ] and includes 13.1 feet [4 meters] at 59.89 opt [1862.5 g/t ], 32.8 feet [10 meters ] at 38.61 opt [1201 g/t ] and 36.1 feet [11 meters ] at 22.02 opt [689 g/t ]

Drill Hole 104 -- 131 feet [40 meters ] assaying 4.59 opt silver [142 g/t ] plus gold, and includes 6.6 feet [2 meters ] at 58.75 opt [1830 g/t ] plus 0.55 opt [or 17.05g/t ] of gold . Hole 104 is showing good gold values throughout its depth.

Assay results for selected holes are reported in this release. All holes are vertical and extend to a depth of approximately 150 meters, [the limit of the reverse circulation drill], with some holes still in mineralization.

In the El Manto area of the Tejamen Silver property, mineralization is located along and adjacent to the andesite/rhyolite contact and within NE trending fault-fracture zones containing high grade quartz veins. These structures (veins) dip steeply (+70 deg. to NW) and acted as feeder systems for hydrothermal mineralizing solutions. The solutions mineralized the fault - vein zones, and also spread laterally along the andesite-rhyolite contact (fractured, brecciated, permeable zones). Lower grade disseminated mineralization is found adjacent to the high grade vein zones. In some areas, there are up to 12 of these parallel vein systems cutting the andesite-rhyolite.

The El Manto drill program is designed to test the lateral extent of the mineralization. Sections 200N and 250N contain the most recent drilling locations completed, and follows the zone with drill hole #91 on the west and drill hole # 102 on the east (about 300M. apart). Previously reported drilling has intersected part of the southern extension of the ore zone, but additional drilling will be required to establish limits of the mineralization. The El Manto mineralization is open in all directions from existing intersections. To date, a total of 91 drill holes have been completed on both the El Manto zone and the Cerro Prieto zone.

The current phase 3 program is expected to be completed this month; to be followed by the phase 4 program, consisting of 6000 meters of drilling (approximately 40 holes) to test the northern and S.E. extensions that are expected to define a large, open pit resource.

Complete results are presented in the chart below:

Drill Hole #	From - To (metres)	Interval (in metres)	Silver grade (gr./tonne)	Interval (in feet)	Silver Grade (oz. per Tonne)
MMT-093	0 - 12	12	66.5	39.4	2.14
MMT-094	4 - 20	16	47.7	52.5	1.53
And	128 - 140	12	52.8	39.4	1.70
MMT-095 And	0 - 22 10 - 12	22 12	22.6 33.4	72.2 39.4	0.73 1.07
Incl.	10 - 22	12	33.4	39.4	1.07
MMT-096	108 - 122	14	67.3	45.9	2.16
And	130 - 138	8	83.3	26.2	2.68
MMT-097	14 - 152	138	105.5	453.0	3.39
Incl. Incl. Incl.	18 - 26 32 - 46 108 - 152	8 14 44	383.0 81.0 173.7	26.2 45.9 144.3	12.30 2.60 5.58
MMT-099	62 - 70	8	79.8	26.2	2.57
* MMT-101 Incl. Incl. Incl. Incl.	80 - 169 94 - 98 130 - 138 146 - 156 158 - 169	89 4 8 10 11	620.5 1862.5 988.8 1201.0 689.0	291.9 13.1 26.2 32.8 36.1	19.95 59.89 31.75 38.56 22.02
MMT-102 And Incl.	86 - 90 120 - 134 122 - 124	4 14 2	134.0 114.9 554.0	13.1 45.9 6.6	4.31 3.69 17.81
MMT-103	30 - 46	16	60.4	52.5	1.94
MMT-104 * Incl. Incl.	106 - 146 118 - 122 120 - 122	40 4 2	142.7 1076.5 1830.0	131.2 13.1 6.6	4.59 34.61 58.75
MMT-105 And	0 - 24 32 - 58	24 26	50.1 68.2	78.7 85.3	1.61 2.19
MMT-109	0 - 20	20	67.0	65.6	2.15
MMT-114 And	50 - 68 116 - 130	18 14	98.2 49.7	59.0 45.9	3.15 1.60
MMT-118	82 - 100	24	46.3	78.7	1.49
MMT-119	4 - 24	20	67.1	65.6	2.15
MMT-120	0 - 16	16	246.3	52.5	7.91

* Hole bottomed in high grade mineralization
**Assays also reported 0.07 gpt Au to 17.05 gpt Au

Randall Reneau, P. Geo, Oremex's Chief Geologist, is the Qualified Person (QP) responsible for the Tejamen exploration and has verified the data in the table above.

For more information, please contact: James Yates, CFO, or Sandra Buschau, Manager, Corporate Communications, sandy@oremex.com T. 604.683.5651 F. 604.684.9365

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