EXMIN Expands Polymetallic Mineralization

VANCOUVER, BC - EXMIN Resources Inc. reported an update of exploration activities at the Horcon project in the Guanajuato region of central Mexico. EXMIN has focused exploration predominantly on a relatively small area of the land package surrounding the Horcon mine, which was the subject of a core drilling program in 2007.
The Horcon mine was developed on the Diamantillo vein and several low angle veins in the footwall. Compilation of underground samples and drill intercepts of the Diamantillo vein in the area of the Horcon mine show that it is mineralized over at least 600 metres along strike and over a vertical extent of 350 metres, suggesting that it may be possible to develop significant gold, silver, zinc lead and copper resources with further exploration (see table below). Also, exploration to the southeast along the trend of the Diamantillo vein has extended the known vein structures to about 2.5 kilometres of strike length, where several small mines exploited breccia bodies hosted by sedimentary rocks; samples from small irregular workings have yielded as much as 7.48 grams per metric ton (g/t) gold, 152 g/t silver, 9.41 % lead, 1.85 % zinc, and 0.29 % copper over an exposed width of 1.8 metres. The breccia bodies extend to the edges of the mine workings and appear to be larger than the sampled width.
EXMIN has entered into an option agreement with a private Mexican citizen to acquire about 390 hectares in several concessions that lie within the boundaries of the project land package and cover part of the southeastern extension of veins mentioned above. This acquisition gives EXMIN nearly 100% control over the district.
Craig Gibson, Executive Vice President of Exploration of EXMIN, stated, "We have been working to expand the known mineralization in the Horcon mine area. Based on the data from our exploration program and information from past exploration by other groups, we feel that the chances of delineating significant resources at the Horcon mine are good. This represents a small portion of the total project area, and there are many additional targets."
The company's address is 1066 West Hastings Street, Suite 2000, Vancouver, BC V6E 3X2, (604) 266-4415, fax: (604) 806-6112.