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TEMEX and EAST WEST ACQUIRE NICKEL-COPPER-PGE PROPERTY SOUTH of Mcfaulds LAKE and NORONT DISCOVERY

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TEMEX and EAST WEST ACQUIRE NICKEL-COPPER-PGE PROPERTY SOUTH of Mcfaulds LAKE and NORONT DISCOVERY TEMEX RESOURCES CORP 1660-141 Adelaide Street West Toronto, Ontario CANADA M5H 3L5 tel: 416-862-2246 fax: 416-862-2244 website: www.temexcorp.com email: [email protected] TSX Venture Exchange:TME, Frankfurt Exchange:TQ1 NR08-2008 NEWS RELEASE April 01, 2008 TEMEX and EAST WEST ACQUIRE NICKEL-COPPER-PGE PROPERTY SOUTH OF McFAULDS LAKE and NORONT DISCOVERY TORONTO, ONTARIO: Temex Resources Corp. (TSX Venture Exchange:TME, Frankfurt:TQ1) ("Temex" or “the Company”) announces that it has expanded its land position in the area of the Noront Resources Eagle One and Eagle Two nickel- copper-platinum group element (Ni-Cu-PGE) discoveries in the McFaulds Lake area, Ontario. The latest land acquisition, referred to as the Fishhook Property (the “Property”), includes one contiguous group of 968 claim units covering 34,560 acres, pursuant to a joint staking agreement with East West Resource Corporation (“East West”) as equal partners, located 15 kilometres east of the GP Property, a group of 333 claim units announced by Temex and East West March 19, 2008. Highlights: Extensive contiguous land position covering 34,560 acres adjacent and proximal to properties held by Northern Shield Resources Inc., Impala Platinum Holdings Ltd., International Nickel Ventures Inc., Vale Inco Limited, and others Property covers the interpreted basal portion of, and the possible ‘feeder conduits’ to, the large mafic to ultramafic, Highbank Lake Intrusion Property covers untested airborne EM anomalies from previous geophysical surveys The Fishhook Property, located approximately 45 kilometres to the south of the Noront discoveries, was staked to cover the interpreted basal portions of the Highbank Lake Intrusion. It is contiguous to the west of the area actively being explored by International Nickel Ventures Inc. on their Fishtrap Property, and by Northern Shield Resources Inc. (“Northern Shield”) and Impala Platinum Holdings Ltd. (“Implats”) on their Highbank Lake Project. Implats is the world’s second largest producer of platinum, with production from mines in the Bushveld Complex, South Africa, which hosts roughly 80% of the world’s known PGE reserves. Recent work by Northern Shield has led to the conclusion that the Highbank Lake intrusion represents a large layered mafic to ultramafic intrusive complex with potential to host extensive layered PGE “reef” mineralization similar to that found in the Bushveld Complex. The Highbank Lake Intrusion covers some 500 square kilometres, ranking it as one of the ten largest intrusive complexes of its kind in the world (source www.northern-shield.com). In addition to the potential for reef style PGE mineralization, Temex and East West interpret that the area near the base and below the Highbank Lake intrusion has potential to host significant Ni-Cu-PGE mineralization in the conduits or feeders below the intrusive suite, a setting analogous to the Noront discoveries and other large Ni-Cu-PGE deposits. The companies interpret from available published airborne magnetic and geological data that the basal portions of the intrusion and the location of the “feeder dykes” or “magma conduits” are likely to exist on the Fishhook Property. Furthermore, the companies have identified at least two potentially significant untested airborne EM anomalies from a previous survey that covers only a small portion of the Fishhook Property. The companies anticipate that new detailed airborne geophysical surveying will commence in April using the VTEM system of Geotech Ltd. with results expected in May; targets will then be prioritized for a follow-up drill program. Bruce Durham, P. Geo., is the designated qualified person responsible for the preparation of this news release. Temex is a well-funded Canadian exploration company advancing its precious metal, nickel, diamond and uranium projects in Ontario. For further information, contact Ian Campbell or Bruce Durham at 416-862-2246 or visit www.temexcorp.com for more detailed information on each project, and where the Company’s latest presentation has been posted. Investors are invited to visit the Temex IR Hub at http://www.agoracom.com/ir/Temex where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to mailto:[email protected] where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time. 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* .
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