Temex Resources Corp. (TSX-V: TME, FWB: TQ1) ("Temex" or "the Company" or "the Corporation") is pleased to announce the appointment of Derrick Weyrauch as Chief Financial Officer ("CFO") of the Corporation effective immediately.<br /><br />"On behalf of the Board of Directors and Management, I am delighted to welcome Derrick to Temex," said Ian Campbell, President and CEO. "Derrick brings a broad skill set, including substantial operating and capital market experience and a wealth of junior mining knowledge, all of which will be invaluable as Temex transitions into advanced exploration and potential production at our high grade Whitney gold project in Timmins, Ontario. We look forward to working with him as he will play a direct role in executing our growth strategy."<br /><br />Concurrent with the appointment of Mr. Weyrauch, Mr. Edward J. Badida has resigned from the position of CFO of the Corporation, a position he held since 2003. "On behalf of all of us at Temex, I want to with pleasure recognize Edward on his steadfast efforts, loyalty and guidance and thank him for his valuable contributions to our success in building the quality assets within our company that has set the stage for substantial growth. We wish Edward the best in all his future endeavors," stated Ian Campbell, President and CEO.<br /><br />Mr. Weyrauch is a Chartered Professional Accountant ("CPA") and a Chartered Accountant ("CA") with over 25 years of experience that includes corporate financial management, financings, corporate restructuring, strategic planning and merger and acquisition transactions. Currently, he serves as a non-executive director on the Audit, Health & Safety committee and chairs two special committees for the board of directors of Jaguar Mining Inc. He also serves as a non-executive director on the Audit Committee for the board of directors of Banro Corporation. Prior to its sale in 2013, Mr. Weyrauch served as the Chief Financial Officer of Andina Minerals Inc. Mr. Weyrauch earned his CA designation in 1990 while working at KPMG, he is a member of the Institute of Chartered Accountants of Ontario, the Institute of Corporate Directors and he holds a Bachelor of Arts degree in Economics.<br /><br />In connection with the appointment, Mr. Weyrauch will be granted options to purchase 500,000 common shares of Temex Resources Corp. Subject to Board approval, each such option will be exerciseable at a price of $0.13 per share for a period of 5 years.<br /><br />On behalf of the Board of Directors,<br /><br />Ian Campbell<br />President and CEO<br /><br />About Temex Resources Corp.<br />Temex is a Canadian based exploration company focusing on its portfolio of precious metals properties in the world class mining district of northeastern Ontario. Temex (60% interest) is advancing the Timmins Whitney Gold Project, in partnership with Goldcorp Canada Ltd. (40% joint venture interest; no back-in rights), and exploring the Juby Gold Project (100% Temex).<br /><br />The Whitney Property has a NI 43-101 compliant resources on the Upper Whitney of 0.97 million tonnes at a grade of 7.02 g/t gold for 218,100 ounces of gold in the Measured category plus 2.3 million tonnes at a grade of 6.77 g/t gold for 490,500 ounces of gold in the Indicated category and 1.0 million tonnes at a grade of 5.34 g/t gold for 170,700 ounces of gold in the Inferred category at a cut-off grade of 3.0 g/t gold (Note 1).<br /><br />The Juby Gold Project has NI 43-101 compliant resources of 26.6 million tonnes at a grade of 1.28 g/t gold for 1,090,400 ounces of gold in the Indicated category and 96.2 million tonnes at a grade of 0.94 g/t gold for 2,908,800 ounces of gold in the Inferred category, both at a cut-off grade of 0.40 g/t gold (Note 2).<br /><br />Temex also has a NI 43-101 compliant resource for tailings material on its Gowganda Silver Project. The tailings piles contain a NI 43-101 compliant resource of 1.94 million tonnes grading 47.5 g/t silver for a contained resource of 2.96 million ounces of silver in the Indicated category (Note 3).<br /><br />