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Monarca Minerals Inc.
Oremex continues to expand its 40 million ounce Tejamen Silver resource
Published Sep 13 2005
3 min read

Oremex continues to expand its 40 million ounce Tejamen Silver resource

VANCOUVER, Sept. 13 /CNW/ - Oremex Resources is pleased to announce
partial results from the ongoing drilling program at its Tejamen Silver
project, located in the State of Durango, Mexico. The current drilling program
is designed to expand and delineate the NI 43-101 (40 million ounces,
excluding the results of any holes drilled over the past six months)
calculated by N. Tribe & Associates. To date, over 215 holes have been drilled
in two zones - the Cerro Prieto and Los Manto zones.
Results of the six holes drilled in the Cerro Prieto zone indicate a
continuation of the mineralization to the southeast towards the presently much
larger Los Mantos zone. The Cerro Prieto zone is open to depth and laterally
in several directions.

<<
Highlights of the six holes include:
------------------------------------

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                                             Ag            Ag
Drill Hole      Interval      (m) (ft)       (grams/tonne) (ounces/tonne)
-------------------------------------------------------------------------
 No. 204        44 - 48       4m (13.1ft)              309          9.93
-------------------------------------------------------------------------
                92 - 116      24m (78.7ft)             134          4.31
-------------------------------------------------------------------------

-------------------------------------------------------------------------
 No. 205        70 - 74       4m (13.1ft)              160          5.14
-------------------------------------------------------------------------
                82 - 98       16m (52.5ft)              67          2.15
-------------------------------------------------------------------------

-------------------------------------------------------------------------
 No. 206        12 - 18       6m (19.7ft)               70          2.25
-------------------------------------------------------------------------

-------------------------------------------------------------------------
 No. 207        22 - 32       10m (32.8ft)             102          3.28
-------------------------------------------------------------------------

-------------------------------------------------------------------------
 No. 208        0 - 40        40m (131.2ft)             98          3.15
-------------------------------------------------------------------------

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 No. 209        12 - 14       2m (6.6ft)                57          1.83
-------------------------------------------------------------------------

Additional drill results from approximately 40 holes in the Los Mantos
zone are being compiled, and should be available near the end of September.
Drilling continues on the Los Manto zone, which is also open to depth and
laterally in several directions. Following the receipt of all assays from
holes drilled over the past few months, an updated NI 43-101 resource
calculation will be prepared by N. Tribe & Associates
Preliminary metallurgical results are also being compiled and will be
available in the next week or two.
Oremex has arranged a non-brokered private placement with Golden Omega
Fund LP of 1.4 million units at C$0.52 each, consisting of 1.4 million shares
and 728,000 warrants exercisable at C$0.65 for 18 months. The total proceeds
will be C$672,000 and there will be a 5% finder's fee payable in units.
Proceeds from the private placement will be added to current working capital
and is subject to regulatory approval.
Norm Tribe, PEng is the qualified person responsible for oversight of the
Tejamen exploration and has verified the data above.

Please visit our website at www.oremex.com

    The TSX Venture Exchange has not reviewed and does not accept
  responsibility for the accuracy or adequacy of this news release.
>>