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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: heinz44	11/7/2007 7:43:44 PM
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News Release 21-2007 GGY Goldeye Expl TORONTO, ONTARIO: Temex Resources Corp. (TSX Venture Exchange:TME, Frankfurt:TQ1) ("Temex" or "the Company") reports results from a recently completed 7-hole 1205 metre drill campaign carried out on the Juby North Gold Property located 20 kilometres west of Gowganda, Ontario. The drill program followed up on the previous program which discovered several new gold zones, and represents the initial phase of a $250,000 approved exploration program that includes geophysics and two phases of drilling. The Property comprises 5,360 acres and is subject to the terms of a 60:40 Joint Venture agreement between Temex and Goldeye Explorations Limited ("Goldeye"). Highlights New gold zone discovered yielding 15.0 g/t gold over 2.15 metres New gold zones wide open along strike and defined by a 650-metre long untested geophysical anomaly 6.76 metres grading 3.31 g/t gold including 2.52 metres grading 7.46 g/t gold within the main Tyrrell Structural Zone Phase 2 drill program being planned Drill hole JU 07-89 was drilled 50 metres to the west of previous drill hole JU 04-64 which targeted an induced polarization ("IP") geophysical anomaly and discovered a new gold zone. In previous drill hole JU 04-64, higher grade intercepts of 3.24 g/t gold over 2.24 metres (including 5.85 g/t gold over 1.11 metres) and 5.18 g/t over 1.71 metres were intersected within a broader auriferous zone that averaged 0.89 g/t gold over 29.85 metres. Hole JU 07-89 intersected multiple gold zones including a new gold zone which assayed 15.0 g/t gold over 2.15 metres. Further downhole, two zones of gold mineralization, representing the extension of gold zones in hole JU 04-64, were intersected. The first intersection assayed 3.41 g/t gold over 2.94 metres while the second broad zone of gold mineralization assayed 1.22 g/t gold over 10.06 metres. In addition, a fourth gold zone yielded 5.33 metres grading 2.33 g/t gold, including 1.50 metres grading 4.53 g/t gold. The gold mineralization occurs within intensely altered siltstones and feldspar porphyries within a sequence of mafic volcanic rocks and is associated with up to 10% disseminated pyrite and minor chalcopyrite. This zone is open in all directions and is associated with a 650-metre long induced polarization ("IP") chargeability anomaly with a coincident gold in soil geochemical anomaly --------------- "Further to the west along the TSZ, Goldeye has reported a number of gold intersections including 9.4 metres grading 7.24 g/t gold and 2.05 metres grading 217.52 g/t gold. "

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