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Message: Files Fiscal 2009 First Quarter Financial Statements
| April 28, 2009 |
| Oremex Resources Inc. Files Fiscal 2009 First Quarter Financial Statements |
| TORONTO, ONTARIO--(Marketwire - April 28, 2009) - Oremex Resources Inc. ("Oremex" or the "Company")(TSX VENTURE:ORM) reports that it has released its unaudited financial statements for the quarter ended February 28, 2009 and the related management's discussion and analysis of financial position and results of operations ("MD&A"). The first quarter of fiscal 2009 saw the Company put in place new Board, Management and Advisory team members and for the first time in nearly two years held direct discussions with the people of Tejamen in an effort to foster open dialogue and re-establish trust within the community. The Company continues to work with the local community to re-establish access rights to its flagship property. The Company incurred a net loss for the quarter of $416,000 or $0.01 per share. Copies of the unaudited financial statements, and related MD&A can be found on SEDAR at www.SEDAR.com. About Oremex Oremex is a Canadian-based exploration company with a focus on the acquisition and development of mineral properties in Mexico. The Company's principal properties are the Tejamen and San Lucas properties located in the State of Durango and the Cuyoaco Property in the State of Puebla. The Company's most advanced project Tejamen has an inferred mineral resource of 50.8 million ounces of silver in a total of 22.6 million tonnes grading a silver-equivalent of 69.8 grams per tonne (Wardrop Engineering Report NI 43-101 compliant April 2006). Snowden Mining Industry Consultants completed a Preliminary Assessment Study (NI 43-101 compliant October 2006) demonstrating that the project can support a 10,000 tonne per day open pit, heap leach mining operation. |
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