Building Silver Resources in Mexico

200 million plus oz of Silver and 1 million plus oz Gold Resource

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SilverMex Resources Profile

Silvermex Resources Ltd., Vancouver, BC, TSX.V : SMR, OTCBB : SLVXF, is a silver exploration and development company focused strictly in the foremost mining regions of Mexico. Silvermex is developing silver resources at multiple projects. Silvermex recently published silver resource increases on each of its three priority projects: San Marcial, La Frazada, and Penasco Quemado.

National Instrument 43-101 resource estimates on its three primary, advanced-stage properties.

Measured and indicated resources now total 32.8 million ounces silver, 40.8 million pounds lead and 86.9 million pounds zinc.

Inferred resources now total 9.8 million ounces silver, 30.0 million pounds lead and 65.5 million pounds zinc.

This represents a 343-per-cent growth in silver resources over the last 24-month period.

Highlights

  • 3 advanced stage projects with expansion potential
  • Near-surface, open-pit or bulk-mineable projects
  • 42.7 million Oz silver resource (NI 43-101)
  • 71.4 million lbs lead, 152 million lbs zinc
  • 1.42 Oz silver per share
  • 443% resource growth in last 24 months
  • Greatest leverage to increased resources and silver prices
  • Low cost resource delineation - $0.21 per Oz
  • Offers the most value within its peer group
  • Lowest MCAP Value per resource Oz ($0.10 per Oz)
  • Greatest % Management/Insider ownership within peer group
  • Three Silver primary deposits in northwest Mexico
  • Recent resource updates on all three silver deposits
  • Proven management in Mexico and Canada

Silvermex continues to maintain a record of building assets and delivering results, on time and under budget. Over the last 24 months, Silvermex has increased resources by over 443%.

Silvermex is consistently building value for shareholders and the Company is confident that ongoing success will generate appreciation of investor sentiment.

Silvermex has a disciplined approach to enhancing and increasing value of its assets and is continuing along the path toward production.

In 2009, Silvermex will concentrate on advancing its silver deposits and focus on completing pre-economic assessments, particularly on its flagship project, San Marcial.

Our mandate is to build economic resources on bulk mineable deposits and drive toward production at a rapid pace."

Shares (FULLY Diluted): 62,748,500 (8/2009)

Last changed at 24-Jul-2012 04:35PM by luker