Temex Reports 31.64 g/t Gold over 8.30 Metres and 23.41 g/t Gold over 8.90 Metres, Whitney Project, Timmins, Ontario

Temex Reports 31.64 g/t Gold over 8.30 Metres and 23.41 g/t Gold over 8.90 
Metres, Whitney Project, Timmins, Ontario 
TORONTO, July 11, 2013 /CNW/ - Temex Resources Corp. (TSX-V: TME, FWB: TQ1) 
("Temex" or "the Company") is pleased to announce additional high grade gold 
intersections at vertical depths of less than 70 metres from surface on the 
Upper Hallnor area of the Whitney Project located in Timmins, Ontario. These 
results continue to expand the mineralization with very high grades over 
impressive widths clearly demonstrating the outstanding potential of the 
several near-surface targets being tested for early start-up production 
opportunities. 
The Upper Hallnor Mine area represents a highly prospective high grade gold 
deposit, which the Company is evaluating for accelerated, near surface gold 
production. The Hallnor Gold Mine was the highest grade past producing mine 
in the Timmins gold camp yielding 1.7 million ounces of gold at an average 
grade of 13.7 g/t gold. 
Highlights (see Table 1 for downhole depths of significant intersections and 
Table 2 for details on drill hole locations) 


    --  TW13-285: 31.64 g/t gold over 8.30 metres including 49.38 g/t
        gold over 5.00 metres
    --  TW13-288: 23.41 g/t gold over 8.90 metres including 43.67 g/t
        gold over 4.40 metres
    --  TW13-265: 6.57 g/t gold over 7.30 metres including 27.13 g/t
        gold over 1.00 metre
    --  TW13-287: 10.01 g/t gold over 5.20 metres including 21.57 g/t
        gold over 2.00 metres

The results reported today are from a series of holes drilled as part of an 
ongoing diamond drilling program which commenced in November 2012. The 
program's objectives include targeted expansion of several near-surface, high 
grade gold targets that will allow for an accelerated production profile.

"We are extremely pleased with the results from this drilling campaign," 
commented Ian Campbell, President and CEO. "The results continue to bolster 
our confidence in the project. With a strong balance sheet and a focused 
management team, we are well positioned to expeditiously advance this high 
grade gold project."

The drill results released today have successfully established excellent 
lateral and vertical continuity of four closely spaced, parallel gold-bearing 
structures including the VM, 155, 155 North, and 155 South veins that are 
approximately 10 to 50 metres north and south of the Hallnor Main Vein and 
have been identified over a combined strike length of 600 metres.

The high grade Hallnor Main Vein was historically mined over a 230 metre 
strike length to a depth of 240 metres across widths ranging between 2 to 16 
metres, with an average grade of 13.7 g/t gold. Hole TW13-285 extended the 
continuity of the Main Vein an additional 50 metres east of the high grade 
workings with an intersection of 19.77 g/t gold over 13.80 metres, including 
31.64 g/t gold over 8.30 metres. This intersection occurs at the 
bedrock/overburden interface approximately 17 metres below surface and is open 
to the east. No mining has occurred to the east between surface and 90 metres 
below this intersection. Other significant intersections on the Main Vein 
include hole TW13-269 which intersected 6.38 g/t gold over 4.10 metres and 
hole TW13-270, which intersected 53.91 g/t gold over 0.30 metres.

The 155 South Vein yielded several important results including hole TW13-271 
which intersected 11.21 g/t gold over 1.50 metres within a broader interval 
grading 1.66 g/t gold over 14.50 metres and hole TW13-272 which intersected 
19.97 g/t gold over 1.00 metre within a broader interval averaging 8.26 g/t 
over 2.60 metres. The 155 South Vein dips near vertical across widths 
between 0.5 to 4.0 metres wide and, although drilling gaps remain in places at 
the zone perimeter, extends over a minimum 350 metre strike length to a depth 
of 60 metres from surface, and has never been mined.

Significant intersections from the 155 Vein include TW13-275 which returned 
35.00 g/t gold over 0.90 metres within a broader interval averaging 8.43 g/t 
gold over 6.00 metres and hole TW13-278 which intersected 7.13 g/t gold over 
9.50 metres including 25.30 g/t gold over 0.80 metres. The 155 Vein extends 
over a 270 metre strike length, dips near-vertical to an average 90 metre 
depth and has never been mined.

Outlook
The Company's immediate objective is to delineate high economic return, low 
capital, and low operating cost gold zones that generate quick cash flow as a 
first phase to life of mine plan. Additionally, the program is set to begin 
to establish near surface NI 43-101 gold resources outside the current 
resource limits, extending a further 2 kilometres to the west along the mine 
trend encompassing the past producing Bonetal and Broulan Reef Mines. All 
drilling will be incorporated into future resource estimate updates expected 
later this year.

Table 1. Significant results from drill holes reported in this release

 ____________________________________________________
|   Hole  |From (m)| To (m) |Core Length (m)|Au (g/t)|
|_________|________|________|_______________|________|
|TW13-264 |  42.00 |  47.10 |        5.10   |   3.89 |
|_________|________|________|_______________|________|
|TW13-265 |  18.00 |  25.30 |        7.30   |   6.57 |
|_________|________|________|_______________|________|
|Including|  22.20 |  25.30 |        3.10   |  12.70 |
|_________|________|________|_______________|________|
|Including|  22.20 |  23.70 |        1.50   |  21.51 |
|_________|________|________|_______________|________|
|Including|  22.70 |  23.70 |        1.00   |  27.13 |
|_________|________|________|_______________|________|
|TW13-266 |  26.40 |  30.00 |        3.60   |   2.18 |
|_________|________|________|_______________|________|
|including|  28.35 |  28.70 |        0.35   |  17.32 |
|_________|________|________|_______________|________|
|TW13-267 |  55.50 |  63.00 |        7.50   |   5.21 |
|_________|________|________|_______________|________|
|including|  57.00 |  57.70 |        0.70   |  13.49 |
|_________|________|________|_______________|________|
|TW13-269 |  70.50 |  74.60 |        4.10   |   6.38 |
|_________|________|________|_______________|________|
|including|  73.00 |  73.60 |        0.60   |  30.81 |
|_________|________|________|_______________|________|
|         |  102.80|  110.60|        7.80   |   2.69 |
|_________|________|________|_______________|________|
|TW13-270 |  78.00 |  78.30 |        0.30   |  53.91 |
|_________|________|________|_______________|________|
|TW13-271 |  19.50 |  34.00 |        14.50  |   1.66 |
|_________|________|________|_______________|________|
|including|  29.50 |  31.00 |        1.50   |  11.21 |
|_________|________|________|_______________|________|
|including|  29.50 |  30.00 |        0.50   |  15.10 |
|_________|________|________|_______________|________|
|TW13-272 |  33.00 |  35.60 |        2.60   |   8.26 |
|_________|________|________|_______________|________|
|including|  33.00 |  34.00 |        1.00   |  19.97 |
|_________|________|________|_______________|________|
|TW13-274 |  111.00|  119.00|        8.00   |   5.74 |
|_________|________|________|_______________|________|
|including|  111.00|  112.00|        1.00   |  33.96 |
|_________|________|________|_______________|________|
|         |  138.00|  139.50|        1.50   |  10.27 |
|_________|________|________|_______________|________|
|TW13-275 |  22.00 |  28.00 |        6.00   |   8.43 |
|_________|________|________|_______________|________|
|         |  22.00 |  22.90 |        0.90   |  35.00 |
|_________|________|________|_______________|________|
|TW13-276 |  16.00 |  21.00 |        5.00   |   1.11 |
|_________|________|________|_______________|________|
|         |  30.60 |  33.00 |        2.40   |   4.26 |
|_________|________|________|_______________|________|
|including|  31.50 |  32.00 |        0.50   |  16.16 |
|_________|________|________|_______________|________|
|         |  60.50 |  65.50 |        5.00   |   3.05 |
|_________|________|________|_______________|________|
|including|  65.20 |  65.50 |        0.30   |  18.80 |
|_________|________|________|_______________|________|
|         |  83.00 |  84.00 |        1.00   |  13.51 |
|_________|________|________|_______________|________|
|TW13-278 |  26.50 |  36.00 |        9.50   |   7.13 |
|_________|________|________|_______________|________|
|including|  27.80 |  28.60 |        0.80   |  25.30 |
|_________|________|________|_______________|________|
|including|  34.00 |  35.00 |        1.00   |  14.39 |
|_________|________|________|_______________|________|
|TW13-279 |  15.00 |  23.00 |        8.00   |   1.98 |
|_________|________|________|_______________|________|
|TW13-285 |  27.20 |  41.00 |        13.80  |  19.77 |
|_________|________|________|_______________|________|
|including|  27.20 |  35.50 |        8.30   |  31.64 |
|_________|________|________|_______________|________|
|         |  29.80 |  34.80 |        5.00   |  49.38 |
|_________|________|________|_______________|________|
|including|  29.80 |  30.20 |        0.40   |  36.70 |
|_________|________|________|_______________|________|
|    and  |  30.20 |  30.70 |        0.50   |  57.40 |
|_________|________|________|_______________|________|
|    and  |  30.70 |  31.50 |        0.80   |  12.60 |
|_________|________|________|_______________|________|
|    and  |  31.50 |  32.00 |        0.50   |  28.80 |
|_________|________|________|_______________|________|
|    and  |  32.00 |  33.00 |        1.00   |  10.20 |
|_________|________|________|_______________|________|
|    and  |  33.00 |  33.40 |        0.40   |  370.00|
|_________|________|________|_______________|________|
|    and  |  33.40 |  33.80 |        0.40   |  30.10 |
|_________|________|________|_______________|________|
|    and  |  33.80 |  34.80 |        1.00   |   8.80 |
|_________|________|________|_______________|________|
|TW13-287 |  59.80 |  62.20 |        2.40   |   5.94 |
|_________|________|________|_______________|________|
|including|  61.00 |  61.30 |        0.30   |  34.55 |
|_________|________|________|_______________|________|
|         |  100.00|  105.20|        5.20   |  10.01 |
|_________|________|________|_______________|________|
|including|  100.00|  104.00|        4.00   |  13.02 |
|_________|________|________|_______________|________|
|including|  101.00|  103.00|        2.00   |  21.57 |
|_________|________|________|_______________|________|
|TW13-288 |  47.40 |  56.30 |        8.90   |  23.41 |
|_________|________|________|_______________|________|
|including|  47.40 |  51.80 |        4.40   |  43.67 |
|_________|________|________|_______________|________|
|including|  47.40 |  48.50 |        1.10   |  86.90 |
|_________|________|________|_______________|________|
|    and  |  48.50 |  49.50 |        1.00   |  67.10 |
|_________|________|________|_______________|________|

Notes: Temex has implemented a quality control (QA/QC) program that includes 
insertion of blanks, commercial standards and duplicate core samples in order 
to ensure best practice in sampling and analysis. Drill core samples are cut 
at Temex facilities using a diamond saw with the samples transported by Temex 
personnel in securely sealed bags to a bonded freighting company and from 
there directly to facilities operated by SGS Canada in Sudbury and 
Mississauga, Ontario for preparation and analysis. Core samples are analyzed 
for gold using fire assay on a 30 gram split with an ICP finish. Where 
initial results exceed 3 g/t gold, a second assay is completed on another 30 
gram split using fire assay with a gravimetric finish. As part of in-house 
QA/QC SGS Canada inserted certified gold standards, blanks and pulp duplicate 
samples. Random additional repeats are also analyzed as required. Results from 
all internal QC samples and repeats are reported. Intervals reported are 
core lengths. True widths are unknown at this time.

Table 2. Location details for drill holes reported in this release

 ____________________________________________________
|   Hole |UTM Easting|UTM Northing|Length|Azimuth|Dip|
|        | NAD27 Z17 | NAD27 Z17  | (m)  |       |   |
|________|___________|____________|______|_______|___|
|TW13-264|   489390  |   5373580  |   60 |   155 |-55|
|________|___________|____________|______|_______|___|
|TW13-265|   489368  |   5373564  |   42 |   155 |-60|
|________|___________|____________|______|_______|___|
|TW13-266|   488805  |   5373515  |  120 |   155 |-45|
|________|___________|____________|______|_______|___|
|TW13-267|   488824  |   5373478  |   90 |   155 |-50|
|________|___________|____________|______|_______|___|
|TW13-269|   488941  |   5373485  |  120 |   335 |-45|
|________|___________|____________|______|_______|___|
|TW13-270|   488924  |   5373474  |   81 |   335 |-45|
|________|___________|____________|______|_______|___|
|TW13-271|   488934  |   5373451  |   51 |   155 |-65|
|________|___________|____________|______|_______|___|
|TW13-272|   488934  |   5373451  |   51 |   155 |-90|
|________|___________|____________|______|_______|___|
|TW13-274|   488753  |   5373504  |  141 |   155 |-48|
|________|___________|____________|______|_______|___|
|TW13-275|   489236  |   5373632  |  150 |   335 |-52|
|________|___________|____________|______|_______|___|
|TW13-276|   489208  |   5373624  |  150 |   335 |-55|
|________|___________|____________|______|_______|___|
|TW13-278|   489160  |   5373602  |  150 |   335 |-58|
|________|___________|____________|______|_______|___|
|TW13-279|   489197  |   5373651  |  102 |   335 |-45|
|________|___________|____________|______|_______|___|
|TW13-285|   489139  |   5373699  |  201 |   155 |-45|
|________|___________|____________|______|_______|___|
|TW13-287|   489191  |   5373589  |  150 |   335 |-52|
|________|___________|____________|______|_______|___|
|TW13-288|   489201  |   5373561  |   81 |    0  |-90|
|________|___________|____________|______|_______|___|

Kim Tyler, P.Geo., Project Manager and Karen Rees, P.Geo., Vice President, 
Exploration of Temex Resources Corp., are the designated qualified persons 
responsible for the preparation of this news release.

About Whitney

Upper Hallnor Summary NI 43-101 Resource Estimate (using a cut-off grade of 
0.30 g/t gold; shown on a 100% basis)
    --  3.0 million tonnes at a grade of 2.44 g/t gold for 234,300
        ounces of gold, Measured
    --  8.8 million tonnes at a grade of 1.97 g/t gold for 555,900
        ounces of gold, Indicated
    --  4.1 million tonnes at a grade of 1.82 g/t gold for 241,000
        ounces of gold, Inferred

The Whitney Property is held under a joint venture in which Temex owns 60% and 
is operator, and Goldcorp Canada Ltd. owns 40% (as manager and on behalf of 
the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and 
Goldcorp Canada Ltd.).

About Temex Resources Corp.
Temex is a Canadian based exploration company focusing on its portfolio of 
precious metals properties in the world class mining district of northeastern 
Ontario. Temex (60% interest) is advancing the Timmins Whitney Gold Project, 
in partnership with Goldcorp Canada Ltd. (40% joint venture interest; no 
back-in rights), and exploring the Juby Gold Project (100% Temex).

The Whitney Property has open pit and underground NI 43-101 compliant 
resources on the Upper Hallnor of 3.0 million tonnes at a grade of 2.44 g/t 
gold for 234,300 ounces of gold in the Measured category plus 8.8 million 
tonnes at a grade of 1.97 g/t gold for 555,900 ounces of gold in the Indicated 
category and 4.1 million tonnes at a grade of 1.82 g/t gold for 241,000 ounces 
of gold in the Inferred category at a cut-off grade of 0.30 g/t gold for open 
pit and 2.0 g/t for underground (Note 1).

The Juby Main Zone has NI 43-101 compliant resources of 25.3 million tonnes at 
a grade of 1.28 g/t gold for 1,041,343 ounces of gold in the Indicated 
category and 74.2 million tonnes at a grade of 0.91 g/t gold for 2,174,193 
ounces of gold in the Inferred category, both at a cut-off grade of 0.40 g/t 
gold (Note 2).

Temex also has a NI 43-101 compliant resource for tailings material on its 
Gowganda Silver Project. The tailings piles contain a NI 43-101 compliant 
resource of 1.94 million tonnes grading 47.5 g/t silver for a contained 
resource of 2.96 million ounces of silver in the Indicated category (Note 3).

Notes:

  1. Information regarding the mineral resource estimate on the Upper
     Hallnor is in the Company's news release dated September 5, 2012
     and the technical report filed on SEDAR October 19, 2012.  The
     Mineral Resource Statement was prepared for Temex by P&E Mining
     Consultants Inc. of Brampton, Ontario in accordance with NI 43-101
     by Richard Sutcliffe, PhD, P.Geo., Eugene Puritch, P.Eng., David
     Burga, P.Geo., Yungang Wu, P.Geo., Tracy Armstrong, P.Geo., and
     Antoine Yassa, P.Geo., "independent qualified persons" as defined


 by NI 43-101.
  2. Information regarding the mineral resource estimate on the Juby 


     Main Zone is in the Company's news release dated April 29, 2013
     and the technical report filed on SEDAR June 12, 2013.  The
     Mineral Resource Statement was prepared for Temex by GeoVector
     Management Inc., Ottawa, Ontario in accordance with NI 43-101 by
     Joe Campbell, BSc, P.Geo., Alan Sexton, MSc, P.Geo., and Duncan
     Studd, MSc, "independent qualified persons" as defined by NI


 43-101.
  3. Information regarding the mineral resource estimate in the 


     tailings piles located on the Gowganda Silver Project is in the
     Company's news release dated June 8, 2011 and the technical report
     filed on SEDAR July 21, 2011.  The Mineral Resource Statement was
     prepared for Temex by GeoVector Management Inc., Ottawa, Ontario
     in accordance with NI 43-101 by Allan Armitage, PhD, P.Geol., Alan
     Sexton, MSc, P.Geo., and Joe Campbell, BSc, P.Geo., "independent
     qualified persons" as defined by NI 43-101.

Forward-Looking Information:
This news release contains forward-looking information which is not comprised 
of historical facts. Forward-looking information involves risks, uncertainties 
and other factors that could cause actual events, results, performance, 
prospects and opportunities to differ materially from those expressed or 
implied by such forward-looking information. Forward-looking information in 
this news release includes, but is not limited to, mineral resource estimates, 
and the development of its projects as well as the timing related thereto. 
Factors that could cause actual results to differ materially from such 
forward-looking information include, but are not limited to, general business 
and economic uncertainties, future mineral prices, uncertainties in mineral 
resource estimates and adverse market conditions, as well as those risks set 
out in the Company's public documents filed on SEDAR. Although the Company 
believes that the assumptions and factors used in preparing the 
forward-looking information in this news release are reasonable, undue 
reliance should not be placed on such information, which only applies as of 
the date of this news release, and no assurance can be given that such events 
will occur in the disclosed time frames or at all. The Company disclaims any 
intention or obligation to update or revise any forward-looking information, 
whether as a result of new information, future events or otherwise, other than 
as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that 
term is defined in the policies of the TSX Venture Exchange) accepts 
responsibility for the adequacy or accuracy of this release.

Please visitwww.temexcorp.com or email:info@temexcorp.com or phone: 
416-862-2246 toll free: 866-373-6287

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SOURCE: Temex Resources Corp.

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CO: Temex Resources Corp.
ST: Ontario
NI: MNG PCS FIELD 

-0- Jul/11/2013 12:00 GMT


 
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