VANCOUVER, B.C., (September 5, 2006) - Oremex Resources Inc. (TSX-V: ORM) (the "Company") is pleased to announce that it has retained Snowden Mining Industry Consultants Inc. ("Snowden") to conduct an independent Preliminary Assessment Study on its Tejamen silver property in Mexico.

The Preliminary Assessment Study will utilize the Wardrop Engineering resource model, develop a range of capital and operating costs and review metallurgical results. The scope of the study will result in a new Technical Report for the project, including a financial analysis using a range of costs, silver metal prices and annual production rates.

"This represents an important step in the strategic development of the Tejamen silver property," said Linda Thorstad, CEO. "A wealth of international study experience in many commodities will enable Snowden to provide the highest standard of reports to the Company. The project team has an impressive background and offers a broad cross-section of the necessary expertise to deliver a realistic preliminary assessment for the project."

The Company's most advanced projects are its Tejamen silver property and its San Lucas polymetallic property, both located in Mexico. An independent resource study (NI 43-101 compliant) concluded that the Tejamen property contains a silver-equivalent resource of 50.8 million ounces in a total of 22.6 million tonnes, grading a silver-equivalent of 2.25 ounces per tonne (69.8 grams per tonne). The independent Preliminary Assessment Study is expected to be completed by the end of September, 2006.

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.