Vancouver, B.C. July 4, 2005: The Company has acquired via staking a 1,500 hectare claim (Maco) in the municipality of El Fuerte, Sinaloa, Mexico. Management believes this area is prospective for a copper/gold porphyry deposit, since copper staining is visible in outcrop over an extensive area. This new claim has seen limited exploration but a first stage program will begin in the near future.

The second exploration property was acquired via a lottery in the municipality of Santa Ana, Sonora, Mexico. The claim (Navidad) consists of 85 hectares. Management believes the area is prospective for gold, since the area adjacent claim has received extensive drilling outlining a potential gold deposit. A work program for Navidad will commence, once all surrounding area data has been analyzed.

Oremex continues to expand its presence in Mexico, and now has eight properties including the 40 million oz Tejamen Silver Resource and the San Lucas project results of which were announced in our news release dated June 21, 2005.

Please visit our website at www.oremex.com or Pacific Imperial website at www.pacificimperial.com.

For more information, please contact: James Yates, Telephone: (604) 683-5651 Fax: (604) 684- 9365

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