A 35-year veteran of the minerals industry and a prominent mining author and minerals consultant, Mr. Duval has extensive experience in mine planning and production at underground and open pit mines in Ontario and Quebec. He has also served as president and director of several public companies and as a Technical Advisor to the United Nations in Thailand. He is a 1969 graduate of the Haileybury School of Mines.

Mr. Duval held the position of Western Editor for The Northern Miner from 1979-89 at which time he visited and reported on hundreds of exploration projects and operating mines including dozens of heap leach operations in the Western United States and Mexico.

He will be playing an active role in the exploration and development of the Company's Tejamen silver-gold project in Mexico and in designing and implementing a comprehensive investor relations program to raise the profile of Oremex in the marketplace.

"David brings a unique set of skills and experience to the Company and he will be working closely with the Board of Directors to fast-track exploration and development of the Tejamen project which exhibits strong potential to become a low cost, open pit, heap leach operation," said the Company's Chairman, Andrew Milligan.

Mr. Duval has been granted 225,000 stock options under the Company's Incentive Stock Option Plan, which are exercisable at C$0.57 per share for a period of five years.