Vancouver, B.C. - June 10, 2005: Oremex Resources Inc. (the "Company") announced the appointment of Donald Smith, CA, MBA, to serve as the CFO of the Company, effective June 1, 2005. Mr. Smith has extensive experience as a CFO, most recently with Windsor Building Supplies Ltd. and previously with Raisio Chemicals, Americas. James E. Yates, who formerly held the CFO position, has agreed to assume the position of VP Corporate Development.

In light of positive findings contained in the independent resource evalutation report (refert to news release dated March 8, 2005) and new corporate governance policies due to come into effect on June 30, 2005, the directors undertook a thorough review of the Company's internal practices and procedures, and recently adopted serveral new policies designed to improve the Company's corporate governance procedures. The appointment of an experienced CFO is also a result of this initiative.

In conjunction with the appointment of Mr. Smith as the Company's Chief Financial Officer, the management requirements of the Company have been reviewed. As the result of this review, certain members of management have agreed to reduce the compensation payable under their respective agreements until the next fiscal year end on November 30, 2005. This will enable the Company to focus more of its financial resources on exploration of the Company's Mexican mineral properties.

The Company also announced the granting to an officer of 150,000 incentive stock options and to an employee of 40,000 incentive stock options. Both grants are exercisable at $0.80 per share for five years.

Please visit our website at www.oremex.com

For more information, please contact:

Telephone: (604) 683 - 5651
Fax: (604) 684 - 9365

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