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Re: News Releases - Wednesday, September 19, 2007
TEMEX and MacDONALD MINES AGRESSIVELY ACQUIRE SIGNIFICANT LAND
POSITION NEAR NORONT NI-CU DISCOVERY
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NEWS RELEASE NR 13-2007
TSX Venture Exchange:TME, Frankfurt Exchange:TQ1
TORONTO, ONTARIO: Temex Resources Corp. (TSX Venture Exchange:TME,
Frankfurt:TQ1) ("Temex" or "the Company") is pleased to announce that
based on the initial report of the drill intersection of a broad copper
bearing mineralized zone on August 28, 2007 by Noront Resources Ltd.
("Noront"), Temex and MacDonald Mines Exploration Ltd. ("MacDonald
Mines") entered into a Joint Venture arrangement as equal partners to
acquire by staking, a significant land position adjacent to and in the
general area of what the partners perceived to be, at that time, a
significant copper ("Cu") and likely nickel ("Ni") discovery. The
announcement of the assay results by Noront on September 10, 2007
confirmed this conclusion and the partners wish to provide a progress
report with respect to the on-going land acquisition program.
By initiating the staking program immediately subsequent to the initial
report by Noront on August 28, 2007 and not waiting for assay results,
the partners have largely avoided competitive staking situations and
have successfully acquired several claim groups adjacent to the south
boundary of the Noront Double Eagle Project, covering what is
interpreted to be the contact of an important geological unit. The
Joint Venture has also acquired a substantial claim group 20 km to the
north of the Noront Ni-Cu discovery covering a series of magnetic high
features. An 80 claim unit group has been completed to the southwest
of the discovery and a very large block of claims that, when completed,
will cover an area of interpreted favourable geology measuring nearly
10 km by 15 km except for small areas staked by other parties.
Commenting on the recent developments in the area, Bruce Durham P.Geo.
stated, "Based on my experience with Canadian Royalties exploring for
similar magmatic Ni-Cu-PGE deposits in the Raglan South area, I expect
that the Noront discovery will be proven to be significant and I would
be surprised if other discoveries of similar mineralization were not
made in the coming months. There has been virtually no exploration
carried out for Ni-Cu-PGE deposits in the area and consequently there
is huge potential for more discoveries by Noront, ourselves and
others."
The helicopter supported staking crew of 10 men continue to acquire
additional mining claims at this time and a further report will be
provided when the land acquisition program is complete. To date more
than 1500 claim units have been acquired covering more than 24,000
hectares.
Ian Campbell, P.Geo., is the designated Qualified Person responsible
for the preparation of this News Release.
For further information on Temex please contact Ian Campbell or Bruce
Durham, Executive Chairman at
416-862-2246 or visit the Company's website at www.temexcorp.com.
Temex is a well-funded Canadian exploration company focused on
advancing its precious metal, diamond, nickel and uranium projects in
Manitoba and Ontario.
On behalf of the Board of Directors,
"Ian Campbell"
Ian Campbell
President and CEO
*The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release*
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Copyright (c) 2007 TEMEX RESOURCES CORP (TME) All rights reserved.
For more information visit our website at http://www.temexcorp.com/ or
send mailto:info@temexcorp.com
Message sent on Wed Sep 19, 2007 at 6:10:15 AM Pacific Time
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