Temex reports gold results Hallnor Property, Timmins Gold Camp



    TSX Venture Exchange:TME, Frankfurt Exchange:TQ1

    TORONTO, Feb. 17 /CNW/ - Temex Resources Corp. (TSX Venture:TME,
Frankfurt:TQ1) ("Temex") announces that drilling on the Hallnor Mine block of
the Whitney Township Property (the "Property") in Timmins continues to
intersect significant gold grades at depth. The results reported today are
from the fourth wedge hole which targeted the down plunge extension of the 19
Vein that occurs immediately to the west of the former Hallnor Mine boundary.
    Hole TW08-77W4 successfully intersected the targeted 19 Vein structure
approximately 50 metres west and further up dip of the initial intersection in
the pilot hole TW08-77 which intersected 21.10 g/t gold over 6.55 metres
including 270.62 g/t gold over 0.50 metres. A broad quartz veined zone
containing some fine visible gold yielded 0.99 g/t gold over a core length of
4.70 metres. Two other quartz veined zones intersected below the 19 Vein
structure also yielded intersections grading 4.47 g/t gold over 1.50 metres,
including 8.66 g/t gold over 0.70 metres, and 5.47 g/t gold over 0.60 metres.
    The hole also intersected a broad zone of quartz veinlets and stringers
within the projected 13 Vein area and yielded 19.00 g/t gold over 0.80 metres
and 2.14 g/t gold over 1.00 metres. Earlier results reported by the Company on
the 13 Vein include 86.18 g/t gold over 0.80 metres and 5.90 g/t gold over
9.10 metres approximately 250 metres west and down plunge of an historical
drill hole which yielded two closely spaced drill intersections of 22.29 g/t
gold over 4.57 metres (0.65 opt gold over 15 feet) and 207.77 g/t gold over
0.61 metres (6.06 opt gold over 2 feet).
    The deep drill program continues to intersect strong quartz veining and
mineralization along the projected strike extent of the former mine horizons
and visible gold has been noted in every hole drilled to date. The presence of
visible gold and a strong nugget effect within the vein systems being drill
tested was typical of the Lower Hallnor Mine veins where high grade mined
stopes commonly had a low percentage of "ore grade" drill hole intersections.
    The Property is located in the heart of the Timmins Gold Camp, in the
centre of a 4 kilometre, 10+ million ounce gold mine trend and includes the
former Hallnor Mine, one of the highest grade gold mines in the Camp with
historic production totalling 1.65 million ounces of gold at an average grade
of 13.71 g/t (0.40 opt). The Property is owned by Porcupine Gold Mines ("PGM",
a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) and Temex has
the option to earn a 60% interest.
    Henry Hutteri, P. Geo., is the designated qualified person responsible
for the preparation of this news release. Temex is a Canadian exploration
company advancing its precious metal, nickel, diamond, 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(*)

    Note: Temex has implemented a quality control (QA/QC) program which
    includes the use of standards and blanks. Samples of split NQ core were
    transported by Company personnel to Swastika Laboratories in Swastika,
    Ontario in sealed bags. The remaining half of the core was kept as a
    permanent record and stored at a secure facility in Timmins. The core was
    analyzed using a 30 gram standard fire assay method. Pulp metallic gold
    assaying was performed on the larger veins. Intervals reported are core
    lengths.
    

    %SEDAR: 00005513E




For further information:

For further information: Ian Campbell, President and CEO or Bruce
Durham, Executive Chairman at (416) 862-2246 or visit www.temexcorp.com

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