Silvermex Resources Ltd.: 3000 Meter Core Drilling Program to Commence on the San Marcial Silver Project

Silvermex Resources Ltd. ("Silvermex") (TSX VENTURE:SMR) is pleased to announce
the planned commencement of a minimum 3,000 meter core drilling program at its
San Marcial Silver project in southern Sinaloa, Mexico. The Company is also
pleased to report on its recent investor relations initiatives and grant of
2,650,000 incentive stock options.


The San Marcial project forms part of the Company's newly consolidated Rosario
mining concession. This 16,279 ha concession includes numerous past producing
mines including the Plomosas and San Juan mines which were operated by Grupo
Mexico until 2001.


The Company has recently completed an extensive trenching program at San Marcial
which has confirmed the continuity of the high-grade vein structures at surface
and was instrumental in filling in gaps in historic data and assisting in
development of the new drill plan. As a result of the recent work, it is clear
that there are 2 distinct, near-surface, high-grade vein structures, versus one
wider lower grade zone as previously modeled.


The objectives of the drill program are;



1. Expand and upgrade the classification of existing resources 
2. Test for grade and width continuity of both the upper and lower vein
   structures along strike and down dip 
3. Collect geotechnical data on the immediate hanging wall, the mineralized
   zone and the adjacent footwall 
4. Collect sufficient material for advanced metallurgical testing 
5. Prepare an updated NI 43-101 resource estimate 



This new information will be combined with the rework of the existing data to
develop a new block model. This new model, along with a comprehensive mine plan
and the results of our metallurgical test work will be incorporated into a
Preliminary Economic Assessment which is scheduled for completion by Q3/Q4 of
this year.


The company has completed its application for the exploration permit and
submitted it to the Mexican government. In anticipation of its approval, the
drilling equipment has been mobilized so that drilling can commence immediately
upon approval.


The following table highlights results from previous drill programs. These past
results clearly illustrate the proximity to surface, width of structures and
high-grade nature of the deposit.




---------------------------------------------------------------------------
                           Interval   T width
Hole     From (m)   To (m)       (m)       (m)   Ag g/t  Lead ppm  Zinc ppm
---------------------------------------------------------------------------
SM-2        0.39    12.00     11.61     11.61    350.20  2,055.00  5,010.00
---------------------------------------------------------------------------
SM-3        0.20    15.00     14.80     10.59    227.00  1,511.00  3,955.00
---------------------------------------------------------------------------
SM-4        6.00    63.00     57.00     53.95    235.00  3,095.00  4,715.00
---------------------------------------------------------------------------
SM-5        1.40    21.00     19.60     17.16    282.00  1,737.00  2,335.00
---------------------------------------------------------------------------
SM-5       33.00    36.00      3.00      2.63    490.00    242.00  1,530.00
---------------------------------------------------------------------------
SM-9       30.00    44.50     14.50     12.68    540.00  1,874.00  3,607.00
---------------------------------------------------------------------------
SM-11     114.00   132.00     18.00     11.75    419.00  3,722.00  6,889.00
---------------------------------------------------------------------------
SM-12      99.30   100.30      1.00      0.66  3,600.00    250.00  6,260.00
---------------------------------------------------------------------------
SM-13      50.00    73.20     23.20     17.50    621.00  4,911.00  8,493.00
---------------------------------------------------------------------------
SM-17     169.47   172.52      3.05      1.98    215.00  1,952.00  3,155.00
---------------------------------------------------------------------------
SM-18A     38.82    63.90     25.08     21.62    175.00  3,278.00  5,127.00
---------------------------------------------------------------------------
SM-20     102.47   104.47      2.00      1.37    366.50  4,421.00  5,600.00
---------------------------------------------------------------------------
SM0808     98.55   118.00     19.45     19.45    234.40  6,410.00 13,365.00
---------------------------------------------------------------------------
SM0812     21.95    26.75      4.80      4.80    346.00  5,258.00  9,319.00
---------------------------------------------------------------------------
SM0812     32.75    34.75      2.00      2.00    346.00  2,336.00 14,297.00
---------------------------------------------------------------------------
SM0812     36.83    43.80      6.97      6.97    365.50  1,864.00  2,542.00
---------------------------------------------------------------------------



Qualified Person

Pursuant to National Instrument 43-101, Robert Fraser, M.Sc., P.Geo is the
Qualified Person (QP) responsible for the disclosure in this news release.


Investor Relations Initiatives and Options

The Company is pleased to announce that it has engaged Jason Leikam to manage
the Company's investor relations initiatives. Mr. Leikam will receive $6,000 per
month and has been granted, subject to vesting over twelve months, 200,000
incentive stock options at an exercise price of $0.41 per share for a five year
term expiring on May 12, 2015.


The Company has granted 2,450,000 incentive stock options and cash bonuses up to
$717,500, subject to vesting, to certain directors, officers and consultants of
the Company with an exercise price of $0.41 per share and a five year term
expiring on May 12, 2015. The foregoing grants are subject to the terms of
Silvermex's incentive stock option plan and include certain option grants and
bonuses that are subject to vesting over a one year period granted to Michael
Callahan, the President of the Company and Arthur Brown, the Chairman of the
Board of Directors of the Company, in lieu of the previously proposed grants of
stock bonuses.


The grant of the incentive stock options is subject to receipt of all required
regulatory approvals including those of the TSX Venture Exchange.


On Behalf of the Board of Directors of

Silvermex Resources Ltd.

Duane Nelson, CEO & Director

This News Release contains forward-looking statements. Forward looking
statements are statements which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "may", "should",
"expects", "plans", "anticipates", believes", "estimates", "predicts",
"potential", or "continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our actual results, level
of activity, performance or achievements to be materially different from any
future results, levels of activity, performance, or achievements expressed or
implied by these forward-looking-statements. Management has assumed that these
will be our major projects going forward. Risks include that we are unable to
satisfy environmental or other regulators, that we determine that our resources
are not commercially viable, or that we have difficulties due to unavailability
of labour or equipment.


While these forward-looking statements, and any assumptions upon which they are
based, are made in good faith and reflect our current judgment regarding the
direction of our business, actual results will almost always vary, sometimes
materially, from any estimates, predictions, projections, assumptions or other
future performance suggests herein. Except as required by applicable law the
Company does not intend to update any forward-looking statements to conform
these statements to actual results.
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