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News Archives 2006

Oremex Announces Excellent Silver Recoveries

VANCOUVER, B.C. (May 25, 2006) - Oremex Resources Inc. (TSXV symbol - ORM) (the "Company"). The small column leaching tests conducted by McClelland Labs in Sparks, Nevada, have been completed, with excellent silver extraction results. The average silver extraction for the two columns was 78.0%. These results were obtained after 106 days of leaching for one of the columns and 162 days of leaching for the other column.

When the columns were shut down, silver was still being extracted. Consequently, it is expected that silver will still be extracted by leaching the material longer during a large scale, commercial cyanidation operation.

The next phase of our metallurgical program will involve collecting samples of the drill core from the upcoming diamond drilling program for additional column testing. These tests will more closely represent the actual processing of mined ore by using rock considered "fresh". We will be able to determine the extraction from coarser material - approximately 2 cm ( ¾ of an inch), compared with the first two columns which utilized samples collected from our percussion drilling and were relatively fine (minus 0.6 cm, or about ¼ inch). The material for testing will be collected from drill holes in the identified ore zones and composited to reflect what might occur during the actual mining process.

The silver extraction percentages were significantly higher than those from the small scale bottle roll tests, and this is attributed to the longer leach times in the small column tests. While there were no indications of metallurgical problems in the bottle roll testing, due to the small column and the 'forced' leaching environment from the small columns, the final reagent consumption was higher than anticipated. We fully expect the reagent consumption data generated in the bottle roll testing to be more representative of what to expect in actual plant practice, but this is an area we will be examining closely in the next series of testing.

For more information, please contact:

Linda Thorstad, M.Sc., P.Geo.
Chief Executive Officer
T: (604) 683-5651
Email: linda.thorstad@oremex.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

National Instrument 43-101 requires the following statement: that the preliminary assessment is preliminary in nature, that it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary assessment will be realized.

Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

 
 
 
 
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