Solex Reports Complete Drill Results at the Puncopata Prospect, Including 8 Metres of 0.216% U3O8 in Hole PUN08-22, Macusani East Uranium Project, Peru

VANCOUVER, Dec. 12 - Solex Resources Corp. (TSX-V: SOX) ("Solex" or the "Company") today reported the final results of the 2008 drilling program completed on the Puncopata Prospect at the Macusani East uranium project where previous drilling intersected encouraging results. The Macusani East project is a 50/50 joint venture property with Eldorado Gold Corporation and covers approximately 47,820 hectares in Southern Peru.

Highlights from drill hole PUN08-22

    -   8.00 metres of 0.216% U3O8

    -   Including 1.00 metre of 0.918% U3O8

    -   Including 1.00 metre of 0.515% U3O8

"We have completed a significant drill program at the Macusani East project and continue to receive encouraging results," said Jonathan Challis, President and CEO of Solex Resources. "The final drill hole of the program, PUN08-22, returned additional high grade mineralization, and we believe the mineralization at Puncopata may extend deeper than initially interpreted."

The 2008 program consisted of ten holes totalling 999.7 metres which formed part of the 27,600-metre program conducted from 2006 to 2008 to test the seven initial uranium targets identified by the Peruvian Institute of Nuclear Energy (IPEN) in the 1970s.

The assays from drill hole PUN08-22 confirm the high grade nature of the mineralization discovered at Puncopata (refer to additional information in press release dated January 16th, 2008) and demonstrate that the uranium mineralization is not necessarily restricted to congealing and sealed subsurface cooling fractures and could possibly extend beyond these. The mineralization at the Puncopata target may have roots deeper than previously interpreted. Several encouraging uranium values have been intersected both at surface within a strata-bound westerly-terminating wedge of the T2 ignimbrite volcanic flow and up to a vertical depth of 55 metres in fracture-controlled faults with adjacent dissemination.

The next phase of exploration is to complete detailed mapping and together with some surface pit and trench sampling in order to better understand the control of the mineralization, in particular where high grade shoots have been intersected. To date, these intersections remain open both at depth and along strike. The uranium mineralization identified through drilling at Puncopata occurs as several mineralogical types, disseminated between tuffaceous fragments and within congealing fracture fillings related to cooling of near-surface flows.

Solex was provided access to the Operators full database by Eldorado Gold Corp. on September 11, 2008 (see related news release). The Company retained an independent Qualified Person, Mr. Alain Vachon, P.Eng., Geologist, to review, evaluate and where necessary reconstruct the data base. He has visited the field and conducted testing and enquiry to his level of satisfaction to confirm and where necessary test the appropriateness and sufficiency of the QA/QC procedures performed by the Operator. Mr. Vachon has been actively involved in mineral exploration, mine development and mining operations in Peru and Canada throughout his career. Both Mr.Vachon and Jonathan Challis, FIMMM, are Qualified Persons under Canadian Securities Administrators National Instrument 43-101 policies and are responsible for the contents of this news release.

About the Macusani East Project

The Macusani East project is joint-ventured with Eldorado Gold Corporation. The Project contains 53 known uranium anomalies discovered in the 1970s by the Peruvian Institute of Nuclear Energy (IPEN) and consists of 72 concessions covering 47,820 hectares. On April 21, 2005, Solex entered into a joint venture agreement with Frontier in which Frontier had the right to earn a 50% interest in the project by spending US$4-million over five years as the operator. Frontier fulfilled its obligations in just over two years and subsequent to the acquisition of Frontier by Eldorado in 2008, Eldorado is now a 50/50 partner on the project.

About Solex Resources Corp.

Solex Resources Corp. is the dominant landholder in southern Peru's Macusani Uranium District with concessions covering over 904 km(2). The Company is also aggressively exploring its three 100% owned Macusani uranium projects. NI 43-101 reports have recently been filed on both the Princesa silver, lead and zinc property and the Pilunani lead and zinc project.

The TSX Venture Exchange (the "Exchange") has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may contain forward-looking statements that are based on Solex's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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                        2008 PROGRAM DRILL INTERCEPTS

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Hole No.  From (m)  To (m)  L (m)  U3O8 (ppm)  U3O8 (%) U3O8 lbs/s.ton)

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PUN08-13    37,00   42,00   5,00      334       0,033         0,668

incl        37,00   38,00   1,00      382       0,038         0,764

            40,00   42,00   2,00      621       0,062         1,242

            48,00   49,00   1,00      449       0,045         0,898

PUN08-14    38,00   40,00   2,00      521       0,052         1,042

            43,00   45,00   2,00      102       0,010         0,204

PUN08-15    40,00   41,00   1,00      147       0,015         0,294

            44,00   45,00   1,00      144       0,014         0,288

PUN08-16    23,00   24,00   1,00      124       0,012         0,248

            32,00   43,00  11,00      105       0,011         0,210

            52,00   53,00   1,00      108       0,011         0,216

PUN08-17    23,00   25,00   2,00      154       0,015         0,308

            31,00   32,00   1,00      241       0,024         0,482

            37,00   38,00   1,00      234       0,023         0,468

PUN08-18    26,00   29,00   3,00      152       0,015         0,304

            32,00   33,00   1,00      133       0,013         0,266

PUN08-19                     NSI

PUN08-20    28,00   34,00   6,00      148       0,015         0,296

    Incl    32,00   34,00   2,00      218       0,022         0,436

PUN08-21    74,00   75,00   1,00      146       0,015         0,292

PUN08-22    33,00   34,00   1,00      209       0,021         0,418

            42,00   44,00   2,00      110       0,011         0,220

            65,00   70,00   5,00      179       0,018         0,358

            77,00   85,00   8,00     2159       0,216         4,318

    Incl    78,00   79,00   1,00     5153       0,515        10,306

            80,00   81,00   1,00      604       0,060         1,208

            81,00   82,00   1,00     9175       0,918        18,350

            82,00   83,00   1,00      569       0,057         1,138

            83,00   84,00   1,00     1414       0,141         2,828

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     Note: Lower cut off grade set at 0.01% (100 ppm) U3O8 equivalent

    to 0.20 lb per short ton. No top cut was used

     Table 2: Previously reported drill results from Puncopata Prospect

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Hole ID     From     To    Interval    U3O8    U3O8   U3O8 lbs/ton

              (m)    (m)      (m)       ppm      %      (short)

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PUN06-01    23.2    39.2     16.0       394    0.039      0.79

PUN06-01    46.2    47.2      1.0       217    0.022      0.43

PUN06-03    17.5    22.5      5.0       129    0.013      0.26

PUN06-03    28.5    30.5      2.0       159    0.016      0.32

PUN06-03    33.5    43.5     10.0       196    0.020      0.39

PUN06-04    31.5    40.5      9.0       199    0.020      0.40

PUN06-05    31.5    32.5      1.0      1008    0.101      2.02

PUN06-05    37.5    38.5      1.0      1392    0.139      2.78

PUN06-05    42.5    43.5      1.0       334    0.033      0.67

PUN06-05    48.5    49.5      1.0       101    0.010      0.20

PUN06-06    20.5    22.5      2.0       126    0.013      0.25

PUN06-06    27.5    28.5      1.0      3641    0.364      7.28

PUN06-06    33.5    39.5      6.0       242    0.024      0.48

PUN06-07     9.5    10.5      1.0       242    0.024      0.48

PUN06-08    25.5    26.5      1.0      1904    0.190      3.81

PUN06-09    14.5    20.5      6.0       775    0.077      1.55

PUN06-09    26.5    35.5      9.0       138    0.014      0.28

PUN06-10    12.5    13.5      1.0       263    0.026      0.53

PUN06-10    21.5    22.5      1.0       478    0.048      0.96

PUN06-10    30.5    31.5      1.0       227    0.023      0.45

PUN06-11                      NSI

PUN06-12                      NSI

PUN07-01    37.0    38.0      1.0       324    0.032      0.65

PUN07-01    58.0    66.0      8.0      3730    0.373      7.46

PUN07-01    71.0    73.0      2.0       153    0.015      0.31

PUN07-01    77.0    78.0      1.0       363    0.036      0.73

PUN07-02    15.0    19.0      4.0        91    0.009      0.18

PUN07-02    24.0    28.0      4.0       346    0.035      0.69

PUN07-02    37.0    39.0      2.0      1248    0.125      2.50

PUN07-02    50.0    51.0      1.0       165    0.017      0.33

PUN07-02    67.0    68.0      1.0       169    0.017      0.34

PUN07-02    74.0    78.0      4.0       177    0.018      0.35

PUN07-03    71.0    72.0      1.0       329    0.033      0.66

PUN07-04    73.0    74.0      1.0       112    0.011      0.22

PUN07-05    15.0    19.0      4.0       104    0.010      0.21

PUN07-05    22.0    23.0      1.0       394    0.039      0.79

PUN07-05    26.0    34.0      8.0       214    0.021      0.43

PUN07-06    29.0    32.0      3.0       297    0.030      0.59

PUN07-07    31.0    33.0      2.0       112    0.011      0.22

PUN07-08    24.0    31.0      7.0       195    0.020      0.39

PUN07-09    21.0    28.0      7.0      1893    0.189      3.79

PUN07-10    19.0    22.0      3.0       200    0.020      0.40

PUN07-10    26.0    30.0      4.0        81    0.008      0.16

PUN07-11    22.0    32.0     10.0       282    0.028      0.56

PUN07-12    23.0    32.0      9.0       405    0.041      0.82

For further information: Deborah Thiel, V.P., Corporate Development, Cell: (604) 512-9691, Toll Free: (877) 646-4488, Email: dthiel@solexresources.com, Website: www.solexresources.com