Silvermex Appoints New Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2011) -Silvermex Resources Inc. ("Silvermex") (TSX:SLX) is pleased to announce the appointment of Lisa Dea, CA as its Vice President, Finance and Chief Financial Officer.

Ms. Dea comes to the Company with over 16 years of experience in the finance, securities and accounting fields. Prior to joining the Company, Ms. Dea was the Vice President, Finance and Chief Financial Officer of Polaris Minerals Corporation ("Polaris"), a TSX listed Company, from 2006 and was responsible for the overall financial management of the company, including overseeing Polaris' debt and capital market activities, managing banking relationships with US, Canadian and International banks and internal and external public reporting. During her career at Polaris, she completed numerous debt and equity financings, and oversaw the implementation of the financial controls, processes and corporate financing strategies required to bring Polaris from development stage to large-scale commercial production.

Before joining Polaris, Ms. Dea spent eleven years at Deloitte & Touche LLP, achieving the position of Senior Manager, where she focused on mining and junior resource mining companies. Lisa obtained her Chartered Accountants designation in 1997 and holds a BComm from the University of British Columbia.

Hallein Darby has stepped down as CFO to pursue other ventures. Ms. Darby joined the Company in November 2008, as Senior VP Finance and was appointed CFO in March 2010. Silvermex would like to thank Ms. Darby for her extensive services and commitment to the company.

Company Profile

Silvermex Resources Inc. is a publicly traded mining company focused in Mexico and led by a highly qualified team of professionals from some of the most notable companies in the silver mining sector. The Company's portfolio of projects ranges from early stage exploration to production. Its core asset is the producing La Guitarra silver-gold mine located in the Temascaltepec Mining District of Mexico. Silvermex is currently working to increase production at the mine to full capacity and is conducting extensive exploration to further develop the district. Silvermex is well financed to further develop resources organically from its multiple projects as well as from the acquisition of additional assets that will drive production growth.

ON BEHALF OF THE BOARD

Duane Nelson, CEO & Director