JIMINEX INC. UPDATES ON HEMLO PROPERTY DRILLING PROGRAM

PASS LAKE, ON, Jan. 19, 2011 (Canada NewsWire via COMTEX News Network) --

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James R. B. Parres, President & CEO of Jiminex Inc. is pleased to report that phase one of the diamond drilling program has resumed at the Northern Eagle Property, Hemlo Region, Ontario. A second larger and more powerful diamond drill unit has been contracted from Bodnar Drilling Ltd. This unit is being used to test the property's favorable barite-alteration zone at greater depths. Bodnar's smaller drill unit used last year is continuing to test the Titan 24 geophysical targets for narrower "windows" possibly representing nearer-to-surface expressions of a more deeply buried gold deposit. Mr. Parres comments, "The barite-alteration zone on the Northern Eagle property has attracted exploration attention from other companies in the past, because it represents what is believed to be a hydrothermal, potentially-gold mineralizing event similar to what occurred at the nearby Hemlo deposit. As the Hemlo deposit is mostly deeper than 500 metres, we have to test this zone to depths never before done on the property, in the 600 to 900 metre range or deeper. It is this type of deep exploration drilling which could possibly find a Hemlo-style gold deposit."

Jiminex Inc. was listed as a junior resource company on the TSX venture exchange in late August 2009 and is focused on gold exploration in Canada. The Company has acquired three high potential gold properties located in three separate well-known gold and copper-zinc mining camps. The Northern Eagle property is located in the Hemlo gold mining camp, Ontario close to the 21 million ounce Hemlo gold deposit currently being mined by Barrick Gold Corp. This property is considered one of the best target areas in which to locate another Hemlo-style World-Class gold deposit and Jiminex is earning a 50% interest from Beaufield Resources Inc. The 100%-owned Misehkow River property is located in the Pickle Lake gold mining region of Ontario near to the Pickle Crow Project of PC Gold Inc. and in the same general region as the Musselwhite Mine currently being mined by Goldcorp Inc. Misehkow River presents an opportunity to locate significant iron formation hosted gold deposits over a large target area of approximately 30 kilometres. The 100% owned Parres and Parres Two properties are located in the well-known Snow Lake copper-zinc and gold mining camp of Manitoba where the major new Lalor Lake copper-zinc and gold deposit discovery of HudBay Minerals Inc. is actively being explored and developed.

Allan J. Willy, P. Eng., VP Exploration & Director of Jiminex Inc. is the qualified person responsible for the geotechnical content of the Company's public information.

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