Oremex Provides Additional Information Regarding Status of Tejamen Silver Property

Vancouver, Canada (ots/PRNewswire) - Oremex Resources Inc. (TSX-V:
ORM) (the "Company") is providing additional details pursuant to the
Company's February 26, 2007 news release, which reported on the
status of the Company's surface access rights to the Tejamen Silver
Property ("Tejamen").

Under Mexican mining law, ownership of mining concessions confers
certain rights with respect to minerals. With completion of the final
payment to the underlying owner of the mineral concessions, the
Company now owns a 100 percent interest in the mineral concessions,
with no ongoing obligations or residual royalties payable to, or net
profit interests retained by, the former owners.

Ownership of mining concessions does not confer surface access
rights, so that mineral concession holders must either negotiate
access arrangements with the owners of the surface rights, or
undertake a federal legal process for expropriation or temporary
occupation.

The governing Ejido of the village and surrounding lands owns the
surface rights on the Company's mineral concession. For the past
three years, the Company has been granted the right to surface
access by the Ejido in order to conduct exploration on its mineral
concessions. In its activities, the Company has employed local
labour to assist with its exploration work and has made numerous
contributions to community access and infrastructure programs.

Despite apparently successful negotiations with legal
representatives of the Ejido leading up to the formal Ejido meeting,
the Company was unsuccessful in securing a renegotiated agreement
for surface access at Tejamen from the Ejido by a narrow margin of
votes of those present at the meeting. The proposed agreement
covered an expanded scope of activities that included mining as well
as exploration over an extended term.

Mining law in Mexico defines the exploration, exploitation and
processing of minerals as a public benefit which confers preferential
status over any other use of the land. In addition, Agrarian law,
under which Ejidos are governed, provides for expropriation of Ejido
and community lands for the exploitation of minerals. In the absence
of agreements with local surface rights holders, many of the owners
of Mexico's operating mines today have sought and secured access to
surface rights through this legal process.

While the Company is continuing discussions with the Ejido in
order to reach a mutually beneficial agreement, the Company has
initiated proceedings to gain surface access under applicable
federal laws. Based on the experiences of other companies operating
in Mexico, this is a common strategy. While it will cause some
short-term delays, the Company does not anticipate that it will
hinder long-term development of Tejamen.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.

Forward-Looking Statements: The above contains forward-looking
statements that are subject to a number of known and unknown risks,
uncertainties and other factors that may cause actual results to
differ materially from those anticipated in our forward-looking
statements. Factors that could cause such differences include:
changes in world commodity markets, equity markets, costs and supply
of materials relevant to the mining industry, change in government
and changes to regulations affecting the mining industry.
Forward-looking statements in this release include statements
regarding future exploration programs, operation plans, geological
interpretations, mineral tenure issues and mineral recovery
processes. Although we believe the expectations reflected in our
forward-looking statements are reasonable, results may vary, and we
cannot guarantee future results, levels of activity, performance or
achievements.

ots Originaltext: Oremex Resources Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: +1-604-683-5651, E: linda.thorstad@oremex.com


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