OAU Oremex Gold

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES.


Oremex Gold Inc. ("Oremex Gold" or the "Company") (TSX
VENTURE:OAU)(FRANKFURT:OM8) announces that Michael Ivan, Chief Financial Officer
("CFO") of the Company, has resigned as CFO to pursue opportunities outside of
the resource industry. John Carlesso, the Company's Chairman, will assume the
position of interim CFO while the Company seeks a replacement. The Company is
currently interviewing several candidates. The Oremex Gold Board of Directors
and management wish to thank Mr. Ivan for his contribution and commitment to the
Company and wish him well in the future.


About Oremex Gold Inc.

Oremex Gold holds certain gold properties, which include the San Lucas, Santa
Catarina, Maco and Navidad properties located in Mexico, all of which are
considered by Oremex Gold to be promising, early-stage mineral properties. At
this stage, preliminary exploration and development work has been conducted on
these properties, however there can be no assurances that any significant
mineralization will be discovered on any of these properties.


Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking
information, (collectively "forward-looking information") within the meaning of
Canadian securities laws. Forward-looking information may relate to this news
release and other matters identified in Oremex Gold's public filings,
anticipated events or results and can be identified by terminology such as
"may", "will", "would", "could", "should", "expect", "plan", "anticipate",
"believe", "intend", "estimate", "projects", "predict", "potential", "continue"
or other similar expressions concerning matters that are not historical facts
and include, but are not limited in any manner to, those with respect to
entering into definitive and binding agreements with respect to financings,
capital and operating expenditures, economic conditions, availability of
sufficient financing, receipt of approvals, the receipt of exemptive relief from
securities requirements, satisfaction of closing conditions and any and all
other timing, development, operational, financial, economic, legal, regulatory
and/or political factors that may influence future events or conditions. Such
forward-looking statements are based on a number of material factors and
assumptions, including, but not limited in any manner, those disclosed in any
other public filings of Oremex Gold, and include the ultimate availability and
final receipt of required approvals and/or exemptive relief, the decision of
third parties to consummate definitive agreements with Oremex Gold, sufficient
working capital for development and operations, access to adequate services and
supplies, availability of markets for products, commodity prices, foreign
currency exchange rates, interest rates, access to capital markets and other
sources of financing and associated cost of funds, availability of a qualified
work force, availability of manufacturing equipment, no material changes to the
tax and regulatory regime and the ultimate ability to execute its business plan
on economically favourable terms. While we consider these assumptions to be
reasonable based on information currently available to us, they may prove to be
incorrect. Actual results may vary from such forward-looking information for a
variety of reasons, including but not limited to risks and uncertainties
disclosed in other Oremex Gold filings at www.sedar.com and other unforeseen
events or circumstances. Other than as required by law, Oremex Gold does not
intend, and undertakes no obligation, to update any forward-looking information
to reflect, among other things, new information or future events.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Oremex Gold Inc.
Christian Scovenna
+1 416.309.4321
info@oremexgold.com
www.oremexgold.com

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