2013-06-05 09:10 ET - News Release

Mr. Ian Campbell reports

TEMEX INTERSECTS BONANZA GOLD GRADES OF 36.20 G/T GOLD OVER 4.85 METRES WITHIN 23.82 G/T GOLD OVER 7.70 METRES NEAR SURFACE ON WHITNEY PROJECT, TIMMINS, ONTARIO

Temex Resources Corp. has provided assay results from the surface diamond drilling campaign on the Whitney project located in Timmins, Ont. The drill program, which resumed in March, is being conducted in the past-producing Upper Hallnor mine area and is targeting additional high-grade gold resources in the Upper Hallnor and Bonetal areas, the expansion of current in-pit gold resources, as well as follow-up drilling of a significant new gold discovery reported earlier this year.

Highlights (see attached table for details of significant intersections including down hole depths)

SIGNIFICANT RESULTS FROM DRILL HOLES REPORTED IN THIS RELEASE

                             Core
           From    To       length       Au
Hole        (m)    (m)        (m)       (g/t)
 
TW13-244   20.50  23.20      2.70        1.81
TW13-245   24.80  26.80      2.00        4.02
Including  25.30  26.30      1.00        7.46
TW13-249   20.70  24.00      3.30        1.86
Including  21.50  22.00      0.50        9.72
TW13-250   23.00  29.20      6.20        8.84
Including  25.00  27.70      2.70       19.83
Including  25.80  27.00      1.20       37.43
And        27.00  27.70      0.70        9.75
TW13-252   31.70  43.00      11.30       1.80
Including  31.70  37.80      6.10        2.86
TW13-253   27.90  28.80      0.90        1.90
TW13-254   40.60  41.50      0.90        1.85
TW13-255   27.80  35.20      7.40        1.00
Including  34.50  35.20      0.70        3.54
TW13-256   37.50  39.00      1.50        2.09
Including  38.60  39.00      0.40        5.33
TW13-257   13.00  34.50      21.50       9.78
Including  16.70  17.30      0.60       18.97
And        26.80  34.50      7.70       23.82
And        27.25  32.10      4.85       36.20
Including  27.25  27.90      0.65       10.28
And        29.20  32.10      2.90       57.53
And        29.20  29.85      0.65       83.30
And        30.90  32.10      1.20       87.90
TW13-258   13.00  41.80      28.80       1.91
Including  14.00  20.00      6.00        5.49
Including  19.00  20.00      1.00       16.22
And        37.30  41.80      4.50        3.12
Including  39.00  39.80      0.80       11.17
TW13-259   36.00  38.30      2.30        3.15

Notes

Temex has implemented a quality control (QA/QC) 
program that includes insertion of blanks, 
commercial standards and duplicate core samples 
in order to ensure best practice in sampling and 
analysis. Drill core samples are cut at Temex 
facilities using a diamond saw with the samples 
transported by Temex personnel in securely sealed 
bags to a bonded freighting company and from there 
directly to facilities operated by SGS Canada in 
Sudbury and Mississauga, Ont., for preparation and 
analysis. Core samples are analyzed for gold using
fire assay on a 30-gram split with an ICP finish.  
Where initial results exceed three g/t gold, a 
second assay is completed on another 30-gram split 
using fire assay with a gravimetric finish. As 
part of in-house QA/QC SGS Canada inserted 
certified gold standards, blanks and pulp duplicate 
samples. Random additional repeats are also 
analyzed as required. Results from all internal QC 
samples and repeats are reported. Intervals 
reported are core lengths. True widths are unknown 
at this time.

SIGNIFICANT HISTORIC HALLNOR 110 ZONE DRILL 
   RESULTS (TEMEX AND PREVIOUS OPERATORS)

                            Core
           From     To     length       Au
Hole        (m)    (m)       (m)       (g/t)

TW10-118*  35.80   38.80     3.00        3.40
TW10-122*  20.70   23.10     2.40       33.60
X869       13.41   15.54     2.13       14.67
And        17.53   18.14     0.61       17.49
15027      46.94   52.73     5.79        3.36
W255       29.26   31.70     2.44       21.07
TW10-111*  21.50   25.60     4.10       21.20
TW10-114*  26.90   35.80     8.90        3.20
W254       25.91   28.04     2.13        7.19
W253       27.43   30.48     3.05        5.07
W250       24.99   28.65     3.66        6.15
HALS5      57.61   59.13     1.52        9.26
TW12-205*  34.00   47.50    13.50        3.45
X162       23.16   30.33     7.17        6.48
X158       26.82   36.88    10.06        3.43
X194       14.33   24.54    10.21        5.80
X5          4.27    7.32     3.05        7.72
HALS3      25.91   30.42     4.51        9.53
HALS22     69.34   70.26     0.92       12.34

* Note: TW10 and TW12 series holes were drilled 
  by Temex in 2010 and 2012 respectively.

About Whitney

Upper Hallnor summary NI 43-101 resource estimate (using a cut-off grade of 0.30 g/t gold; shown on a 100-per-cent basis)

Karen Rees, PGeo, vice-president, exploration, of Temex Resources Corp., is the designated qualified person responsible for the preparation of this news release.