http://ca.geocities.com/qtrader@rogers.com/

Share Listing: TSX-V:SMR

Company Profile:

Silvermex is advancing the San Marcial silver project to production. The San Marcial silver project has 22.4 million ounces of silver in M&I and Inferred categories. The deposit is open in all directions and it is generally agreed between consulting engineers, Silver Standard geologists, and Silvermex staff that the project has the potential to achieve resources in excess of 72 million ounces silver. The company is currently trading at approximately 45% of its NAV, which represents value now and promises increased value as development progresses at San Marcial.

Within the deposit is an on surface, high grade pod of 1.1 M tonnes grading 312 g/t Ag. Our internal studies suggest that this pod will support an operation producing 2.3 million ounces annually for an initial mine life of 5 years. Production can commence within 24 months, with construction beginning in the next 12 months. Capex estimates are $15 million which represents an IRR of approximately 97% or one year payback. Future cash flows will fund the continued exploration and expansion of the San Marcial and Rosario deposits.

Some of the Silvermex highlights:

1. Global silver resources of 42.4 million ounces on three projects

2. Focus on San Marcial production

3. Infrastructure in place (mining camp, tailings dam, power, water, surface rights, etc)

4. NAV of $0.45 per share now

5. Low share price on per ounce valuation in comparison with peers

6. 24 month production horizon

Silvermex has been fairly active in marketing the company from Q2 onward. From the end of May, when the units from a financing early this year became free trading, we have traded 17.5 million shares + primarily within a trading range between $0.17 and $0.25. This volume roughly represents the fully diluted shares of the financing, although few warrants at $0.15 have thus far been exercised.

Since early June, Silvermex presented to: well over 150 fund and portfolio managers in continental Europe, brokers, fund managers, sophisticated retail investors and analysts in the New York/Connecticut area three times.

They conducted two property tours and are planning another in late September/early October with independent analysts and newsletter writers. Part of their plans for the fall include participation at the Silver Summit in Spokane, Washington. The Silver Summit is the leading conference for silver investing, attracting analysts and investors from all regions globally. We also plan on investor presentations in San Francisco, Toronto, and Europe in Q4 2009.

They are very active in their marketing initiatives.