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today announced that Ontario regulatory authorities have granted all necessary permits

for surface bulk sampling of 3,000 tons of molybdenum at the Nortoba-Tyson property

and for milling the moly ore at the Company’s Northern Empire mill near Beardmore,

Ontario. The 200 ton-per-day mill complex is now fully permitted to process

molybdenum and gold ores from Roxmark properties and will be selectively available

for custom milling projects.

As previously announced, removal of overburden and waste rock began at Nortoba-

Tyson in mid-August. With a mining permit now in place, Lakeside Manitouwadge Ltd.,

an independent mining contractor, has begun extracting the surface bulk sample. Ore

will be delivered to the upgraded mill within the next few weeks. Concentrate produced,

beginning in early October, will be delivered to port of Montreal, P.Q. for shipment under

contract to an international buyer. Following up on last year’s large-diameter diamond

drilling program, which indicated a significantly larger mineral occurrence than

previously estimated, the 2006 program is designed to further delineate molybdenum

mineralization leading to underground workings, and to generate cash flow.

Construction of a portal leading to underground development by a way of decline is

planned following the completion of the surface bulk sample.

Digitization of recent and historic data on Roxmark’s gold properties, including 3-D

modelling of key areas is continuing under the supervision and direction of SRK

Consulting Engineers and Scientists (Canada) Inc. Interim results from the program,

expected within the next few weeks, will identify and prioritize targets for further drilling

and development in 2007. Scoping studies on these areas will set the stage for early

development on parallel zones and at depth, leading to production. Currently, work is

being carried out on the Leitch-Sand River Gold, Northern Empire and Magnet Gold

mines.

Roxmark’s gold holdings are located in the Geraldton-Beardmore gold camp which

ranked among the top five producing areas in Canada, producing 4.1 million ounces.

Roxmark has consolidated key properties in the camp thus eliminating previous boundary

and other issues and maximizing effective use of infrastructure. Current holdings consist

of six former producers including Leitch-Sand River Gold, Northern Empire and the

Magnet mines which collectively have produced 1,890,000 ounces of gold.

The Leitch Mine was one of Ontario’s highest grade and most profitable gold mines,

producing 860,648 ounces from 906,395 tons of ore at an average recovered grade of

0.91 oz.Au/ton.before it was closed in the 1960s. The Northern Empire property

produced 149,053 ounces of gold from 425,866 tons with a recovery of 0.35 oz. per ton.

The Magnet Mine is located in Geraldton area and had historical production of 152,000

ounces of gold from 360,000 tons milled for an average grade of 0.42 oz. in gold per ton.

“We are encouraged by what we see on both the gold and moly fronts,” said Monir

Younan, President. “Our major focus is on mining gold. However with our mill able to

process both metals and with prices for moly continuing to firm up on world markets as

demand continues to outpace supply, it makes great sense for us to pursue low-cost

production of what we believe to be high-grade molybdenum occurrences.”

Roxmark Mines is a Canadian-based junior resource company involved in exploration and

development of gold and molybdenum in the Geraldton-Beardmore area of Northern Ontario.

Assets include the Nortoba-Tyson molybdenum property, an onsite mill equipped to process both

gold and molybdenum, and six formerly highly productive gold mines which generated nearly

two million ounces of gold from high grade ore. Existing infrastructure above and below ground

at these mines will provide important advantages in developing additional gold-bearing

structures. Further information is available at www.roxmark.com.