Juby Gold Project, Ontario

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TORONTO, April 30, 2012 /CNW/ - Temex Resources Corp. (TSX-V: TME) (FWB:
TQ1) ("Temex" or "the Company") is pleased to announce that an initial
diamond drill program has started on the recently acquired Golden Lake
Property located on strike and contiguous to the west of the Company's
Juby Main Zone.


The Juby Main Zone (news releases January 16 and February 28, 2012)
contains a National Instrument 43-101 ("NI 43-101") compliant resource
of 22.3 million tonnes at a grade of 1.30 g/t gold for 934,645 ounces
of gold in the Indicated category and 28.2 million tonnes at a grade of
1.00 g/t gold for 905,621 ounces of gold in the Inferred category, both
at a cut-off grade of 0.40 g/t gold. This resource was defined along a
strike length of 2,800 metres. With the recent acquisition of the
Golden Lake Property, Temex now controls 4,500 metres of strike length
along the prolific Tyrrell Structural Zone.


"We are very excited to begin drill testing this new strategic land
package which has the potential to greatly expand the gold resource in
the Juby area," said Ian Campbell, President and CEO. "The Juby Main
Zone gold deposit trends directly onto the Golden Lake Property and
affords us the immediate opportunity to begin adding significant near
surface gold ounces to the Juby deposit."


The Juby Gold Project is located in Tyrrell Township in northeastern
Ontario, 100 km south of Timmins, Canada's largest gold camp, and is
situated along the southwestern extension of the Larder Lake - Cadillac
Fault Zone between the AuRico Gold Inc. Young-Davidson gold mine and
the Trelawney Mining and Exploration Inc. Cote Lake gold deposit. A
large gold mining company announced recently that it would acquire
Trelawney for about $600 million, implying an acquisition price of $74
per in-situ ounce of gold.


Temex has the option to earn a 100% interest in the Golden Lake Property
(news release January 18, 2012). Limited drilling in 1997 by the
previous operator intersected widespread gold mineralization with
multiple broad zones of alteration, veining and brecciation typical of
the Juby Main Zone. These zones are open in all directions.


The historic drill logs record anomalous to high grade gold
mineralization in nearly all of the rock types sampled. Highlights
from the historic data include:



0.98 g/t gold over 67.50 metres including 1.82 g/t gold over 12.00
metres


2.41 g/t gold over 24.51 metres including 5.84 g/t gold over 4.00 metres


1.95 g/t gold over 19.37 metres including 2.84 g/t gold over 10.50
metres


1.91 g/t gold over 18.30 metres including 3.00 g/t gold over 9.88 metres


1.01 g/t gold over 31.60 metres



Drilling by Temex between 2004 and 2011 up to the boundary of the Golden
Lake Property demonstrated that this large gold system on the Tyrrell
Structural Zone remains open for expansion to the northwest of the Juby
Lease Property. Temex drill hole results within 100 metres of the
Golden Lake Property boundary include:



1.16 g/t gold over 21.20 metres including 3.31 g/t gold over 6.76 metres


1.26 g/t gold over 61.60 metres including 2.47 g/t gold over 22.30
metres and 5.43 g/t gold over 3.65 metres


1.19 g/t gold over 29.53 metres including 4.77 g/t gold over 4.91 metres


0.80 g/t gold over 101.00 metres including 1.02 g/t gold over 35 metres
and 1.00 g/t gold over 22.82 metres



Work Program


The first phase drill program, planned to be 3,000 metres in
approximately 8 holes, will test the mineralized horizons on and
proximal to the Tyrrell Structural Zone along a strike length of 600
metres. The objective of this and subsequent programs will be to
provide sufficient density of drill data to estimate additional
inferred resources which will ultimately lead to an increase in the NI
43-101 gold resource on the Juby Main Zone.




Karen Rees, P.Geo., Vice President, Exploration of Temex Resources
Corp., is the designated qualified person responsible for the
preparation of this news release.


About Temex Resources Corp.


Temex is a Canadian based exploration company focusing on its portfolio
of precious metals properties in northeastern Ontario, a world class
mining district. Temex is exploring its Timmins Whitney Property, in
partnership with Goldcorp, and its Juby Gold Project. The Juby Main
Zone has NI 43-101 compliant resources of 22.3 million tonnes at a
grade of 1.30 g/t gold for 934,645 ounces of gold in the Indicated
category and 28.2 million tonnes at a grade of 1.00 g/t gold for
905,621 ounces of gold in the Inferred category, both at a cut-off
grade of 0.40 g/t gold (Note 1). Temex also has a NI 43-101 compliant
resource for tailings material on its Gowganda Silver Project (Note
2). The tailings piles contain a NI 43-101 compliant resource of 1.94
million tonnes grading 47.5 g/t silver for a contained resource of 2.96
million ounces of silver in the Indicated category.


Notes:



Information regarding the mineral resource estimate on the Juby Main
Zone is in the Company's news release dated January 16, 2012 and the
technical report filed on SEDAR February 28, 2012. The Mineral
Resource Statement was prepared for Temex by GeoVector Management Inc.,
Ottawa, Ontario according to the "CIM Standards on Mineral Resources
and Reserves: Definition and Guidelines" (December, 2005), by Joe
Campbell, BSc, P.Geo., Alan Sexton, MSc, P.Geol., and Allan Armitage,
PhD, P.Geol., "independent qualified persons" as defined by NI 43-101.


Information regarding the mineral resource estimate in the tailings
piles located on the Gowganda Silver Project is in the Company's news
release dated June 8, 2011 and the technical report filed on SEDAR July
21, 2011. The Mineral Resource Statement was prepared for Temex by
GeoVector Management Inc., Ottawa, Ontario according to the "CIM
Standards on Mineral Resources and Reserves: Definition and Guidelines"
(December, 2005), by Allan Armitage, PhD, P.Geol., Alan Sexton, MSc,
P.Geo. and Joe Campbell, BSc, P.Geo., "independent qualified persons"
as defined by NI 43-101.



Forward Looking Statements:


This news release includes certain "forward-looking statements". Such
forward-looking statements involve risks and uncertainties. The
results or events predicted in these forward-looking statements may
differ materially from actual results or events. The Company disclaims
any intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or
otherwise.


Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.






For further information:

please visit http://www.temexcorp.com/">www.temexcorp.com or email: info@temexcorp.com or phone: 416-862-2246 toll free: 866-373-6287