TORONTO, June 28, 2011 /CNW/ - Further to its June 29, 2010 news release, Temex Resources Corp. (TSXV: TME) (FWB: TQ1) ("Temex" or "the Company") announces that it has issued an additional 2,000,000 common shares in satisfaction of the second and final instalment of the purchase price for Temex's acquisition of an undivided 60% interest in the upper portion of the Hallnor Mine Property (the "Upper Hallnor Mine Property") in Whitney Township, in accordance with its joint venture agreement with Goldcorp Canada Ltd. ("Goldcorp") (as manager, and on behalf, of the Porcupine Joint Venture (a joint venture between Goldcorp Inc. and Goldcorp, operating as "Porcupine Gold Mines")).  1,020,000 common shares were issued to Goldcorp and 980,000 common shares were issued to Goldcorp Inc.  The common shares are subject to a hold period expiring on October 28, 2011.

Croxall Property
The Company also announces that it has issued an aggregate of 30,000 common shares due under an option agreement (the "Option Agreement"), pursuant to which the Company has an option to acquire a 100% interest in mining claims, known as the Croxall Property, located in Ogden, Price and Thorneloe Townships, in the Porcupine Mining Division.  The securities issued are subject to a hold period expiring on October 15, 2011.  The Option Agreement was previously announced by the Company on June 25, 2009.  An aggregate cash payment of $30,000 due under the Option Agreement was paid directly to the optionors by Mill City Gold Corp. ("Mill City") pursuant to an agreement announced September 22, 2010 under which Mill City has an option to acquire a 75% interest in the Croxall Property from Temex.

Warrant Exercises
A total of 2,359,807 warrants issued pursuant to a private placement completed by the Company in May 2009 were exercised between March 1 and May 26, 2011 for aggregate proceeds to the Company of $747,342.

About Temex Resources Corp.
Temex is a Canadian based exploration company focusing on its portfolio of precious metals properties in northeastern Ontario, a world class mining district.  Temex is exploring its Timmins Whitney Property, in partnership with Goldcorp, and expanding its NI 43-101 gold resource at the Juby Gold Project (news release June 15, 2010; SEDAR July 30, 2010) with an updated resource estimate planned for fall 2011.  Temex also has a NI 43-101 compliant resource for tailings piles on its Gowganda Silver Project (news release June 8, 2011).

Forward Looking Statements:
This news release includes certain "forward-looking statements".  Such forward-looking statements involve risks and uncertainties.  The results or events predicted in these forward-looking statements may differ materially from actual results or events.  The Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

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.

SOURCE Temex Resources Corp.

For further information:

For more information please visit www.temexcorp.com or email: info@temexcorp.com or
phone: 416-862-2246   toll free: 866-373-6287

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Temex Resources Corp.

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