Temex announces diamond drill program on Juby North Gold Property



    TSX Venture Exchange:TME, Frankfurt Exchange:TQ1

    TORONTO, Feb. 26 /CNW/ - Temex Resources Corp. (TSX Venture Exchange:TME,
Frankfurt:TQ1) ("Temex" or "the Company") announces that a 2,000 metre diamond
drill program has commenced on its Juby North Gold Property located 20 km west
of Gowganda, Ontario. The drill program is a second phase of drilling, part of
a $250,000 approved exploration program recently expanded to $400,000 based on
positive results of the previous drill programs.

    
    Highlights:
    -   Exploration program expanded
    -   January 2008 Induced Polarization ("IP") geophysics detects several
        new drill targets
    -   2,000 metre drill program in progress to test several target areas
    

    The current drill campaign, which commenced Feb 20, is testing the strike
and depth extensions of several new gold zones discovered in the previous two
drill programs, as well as several new, untested IP and soil geochemical
anomalies. The drill campaign completed in Oct 2007 yielded the highest grade
gold intersection discovered to date on the Property. Drill hole JU 07-89
(News Release Nov 07, 2007), which intersected 15.0 g/t gold over 2.15 metres
including 33.74 g/t gold over 0.94 metres, was the first hole to test a
650 metre long IP anomaly. Three other gold mineralized zones were also
intersected above and below the high grade zone. Gold mineralization occurs
with up to 10% pyrite and minor chalcopyrite indicating a direct correlation
to the IP anomaly. The gold zones, wide open at depth and along strike will be
tested by the current drill campaign. Several new IP anomalies detailed in
January 2008, some of which have coincident gold in soil geochemical
anomalies, will also be tested during the current drill campaign.
    The drill program will also test for the depth extension of gold
mineralization intersected by the partners in several holes on a gold zone
located on the main gold bearing structure in the area known as the Tyrrell
Structural Zone ("TSZ"). To date, this zone has been tested over a 50 metre
strike length and to a vertical depth of 120 metres where it remains open at
depth. Previous results include: hole JU 07-92 intersected 3.23 g/t gold over
9.37 metres; hole JU 07-93 intersected 3.31 g/t gold over 6.76 metres
including 7.46 g/t gold over 2.52 metres; hole JU 04-57 intersected
4.77 g/t gold over 4.91 metres within a broader gold bearing zone that
averaged 1.19 g/t gold over a core length of 29.53 metres.
    Commented Ian Campbell, President and CEO, "We are excited about this
drill program as we have several quality targets to test in an area in which
we discovered new near-surface gold zones each time we drilled, with the
overall objective being to increase our gold resources in the immediate area
of the Juby Main Zone."
    The Juby North Property covers 5,520 acres and is subject to the terms of
a 60:40 Joint Venture agreement between Temex and Goldeye Explorations Limited
("Goldeye"); Temex is the operator of the Joint Venture. The areas to be
drilled are located within 2 km to the northwest of the Juby Main Zone,
located on the 100% Temex-owned Juby Lease Property, which contains a
significant NI43-101 compliant gold resource (news release Feb 16, 2005;
www.sedar.com). The gold resource on the Juby Lease includes an indicated
resource of 479,000 ounces of gold grading 1.73 g/t gold at a cut-off grade of
1.0 g/t gold, including a core of 315,000 ounces of gold at 2.20 g/t gold at a
cut-off grade of 1.5 g/t, and an inferred resource of 120,000 ounces of gold
grading 2.03 g/t gold at a cut-off grade of 1.5 g/t gold. This resource is
contained from surface to a vertical depth of 400 metres and the area is
unexplored at depth.
    Ian Campbell, P.Geo., is the designated Qualified Person responsible for
the preparation of this news release. For further information, please contact
Ian Campbell or Bruce Durham at 416-862-2246 or visit the Company's website at
www.temexcorp.com where a copy of the Company's latest presentation has been
posted. Please visit Temex at Booth 2412 in the Investors Exchange, March 2-3
at PDAC 2008, Metro Toronto Convention Centre - South Building. Temex is a
well-funded Canadian exploration company advancing its precious metal,
diamond, nickel, and uranium projects in 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(*)

    %SEDAR: 00005513E




For further information:

For further information: please contact Ian Campbell or Bruce Durham at
(416) 862-2246, or visit the Company's website at www.temexcorp.com where a
copy of the Company's latest presentation has been posted

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