Vancouver, B.C. -- October 5, 2005: Oremex's drill program at its Tejamen Silver Property, near Durango, Mexico, continues to expand the Cerro Prieto and Los Mantos zones. Recent results from twenty-one holes drilled in the Los Mantos zone extended the mineralized area approximately 200 meters to the north. Eighteen of the holes were mineralized, with four of the eighteen holes intercepting high grade mineralization, as set out in the following table:

To date forty-one holes have been completed in the Cerro Prieto zone and one hundred and seventy-six holes have been completed in the Los Mantos zone, with the most recent holes being a combination of in-fill and expansion drilling. The primary purpose of the current drill program was to test the extent of the silver mineralization, which still remains open in several directions. Also, drilling in the Los Mantos zone was generally to a depth of approximately 200 meters, with many of the holes terminating in mineralization, thus indicating the potential for additional resources at depth.

Results from all 217 holes will be incorporated in an updated NI 43-101 report that previously reported a 40-million ounce silver-equivalent resource based on 166 holes. This report is expected to be available in 60 days. In addition, metallurgical work is ongoing, and the results will be incorporated in a subsequent Preliminary Economic Assessment (Scoping Study).

A new drill hole location plan incorporating the recent drill holes will be posted shortly on Oremex's web site at www.oremex.com.

Mr. Norman Tribe, P.Eng. is the qualified person responsible for and has verified the above data

For further information, please contact: James Yates,
Telephone: (604) 683 -- 5651 Fax: (604) 684 -- 9365
Or, send questions and comments to: info@oremex.com

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