I recall TEMEX getting in on the bandwagon last year when GCR announced their first exciting news. More of how the interaction and speculative nature of this business comes across.

What is good for one company may at times be good for many others.

NEWS RELEASE 09-2007

TSX Venture Exchange:TME, Frankfurt Exchange:TQ1

TORONTO, ONTARIO: Temex Resources Corp. (TSX Venture Exchange:TME, Frankfurt:TQ1) ("Temex" or "the Company") announces the acquisition of a nickel exploration property adjacent to the Golden Chalice nickel discovery property near Timmins, Ontario.

Based on the grade and width of the nickel mineralization announced by Golden Chalice Resources Inc. ("Chalice") in late May, Temex initiated a property acquisition program commencing on the day of the announcement. On May 16, 2007, Chalice reported that drill hole GCL07-06 intersected 1.14% nickel over 72.50 metres, including two separate mineralized intervals of 2.23% nickel over 17.50 metres of drill core, and 1.74% nickel over 13.10 metres of drill core with higher values of up to 5.7% nickel occurring with sulphide concentrations.

Since the announcement, Temex has staked 161 units covering 6,440 acres in two claim groups adjacent to, or in proximity to the Chalice nickel discovery. One of the claim groups of 29 units covering 1,160 acres is adjacent to the southwest of the Chalice discovery and the other is located further to the southwest and east-northeast of the historic Texmont nickel mine. Both property positions were designed to cover the known or interpreted location of under-explored ultramafic rocks similar to those that host the new Chalice discovery and also the nickel mineralization at Redstone Mine, the McWatters Deposit, the Langmuir mine and the Texmont Mine.