First Asset Morningstar Emerging Markets Composite T.EXM.A

News

[r2j316]

EXMIN Acquires Additional Project in the Batopilas Region, Chihuahua, Mexico 5/24/2007 VANCOUVER, BRITISH COLUMBIA, May 24, 2007 (MARKET WIRE via COMTEX News Network) -- EXMIN Resources Inc. (EXMIN) (TSX VENTURE: EXM) is pleased to announce that it has acquired an additional project in the Sierra Madre Occidental of Chihuahua, Mexico. The project consists of one concession covering 100 hectares and is located in the region south of the Reyna de Oro project and southwest of the Batopilas project. The project area was declared free by the Mexican government and EXMIN was awarded the concession after winning a drawing that resulted from simultaneous applications. Participants in the drawing were EXMIN and subsidiaries of Chesapeake Gold Corp. and Industrias Penoles. The project is surrounded by concessions controlled by these companies as well as by a subsidiary of Kennecott Exploration. EXMIN's application for 100 hectares cost a total of about US$ 4,000 dollars. Craig Gibson, Vice President of Exploration of EXMIN, stated, "We were able to step in and beat out some strong players this time. Our continuing regional exploration program, based on site visits to areas with past mining activity, had previously identified this area as a prime acquisition target. We were investigating the ownership of the concessions when they were declared free for staking, and we were fortunate to be able to win this one. EXMIN's ongoing generative exploration program has been very selective over the last six months and has focused on evaluating areas of known mineralization and past mining in order to develop future drill targets." THE TARGET The target area, called Cascurrichi, consists of a large scale structure with gold mineralization that has been traced and sampled over more than 1.2 kilometres of strike length. The concession staked by EXMIN covers the core part of the known mineralization extending for about 750 metres along strike and where the structure ranges up to 29 metres in width. Preliminary surface sampling has indicated that the mineralized widths vary from 6 metres with 5.8 grams per metric tonne (g/t) gold to 13.5 metres with 0.77 g/t gold. Individual assays of as much as 11.9 grams per metric tonne (g/t) gold were obtained, and 14 of 27 samples (52%) assayed more than 0.3 g/t gold (see table of assay results below). Six samples (22%) assayed more than 2.5 g/t gold. EXMIN plans to add this property to the pipeline of projects that will be explored in the next several months and into next year. Assays results, Cascurrichi area--------------------------------Sample Width Au /composite m g/t--------------------------------------------------------------------------------------Cascurrichi-----------Line 1------3559 1.0 2.523560 3.0 0.613561 3.0 0.973562 3.5 0.513563 3.0 0.433564 3.0 0.093565 3.0 0.373566 3.0 0.153567 2.5 0.073568 1.0 0.013569 3.0 0.113559-3563 13.5 0.77Line 2------3570 2.4 6.063571 1.6 11.903572 2.0 0.603573 2.7 0.103570-3572 6.0 5.80Las Flores----------Line 1------3574 3.0 0.053575 3.5 0.013576 2.2 less than 0.0053577 3.2 less than 0.005Line 2------3578 4.0 2.743579 3.0 0.543580 3.0 0.373578-3580 10.0 1.37Los Tajos---------3582 1.2 2.093583 2.5 0.023584 1.0 3.183585 2.0 0.053586 dump 0.26 QUALITY ASSURANCE Samples were prepared and analyzed by ALS Chemex at their labs in Mexico and Vancouver and generally consisted of 1-2.5 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish; one sample with more than 10 g/t gold (overlimit) was analyzed using gravimetric methods. Dr. Craig Gibson, PhD., Executive Vice President of Exploration is the authorized professional geologist for the Company and the direct manager of all technical programs and information. About EXMIN EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of significant merit in the Sierra Madre gold belt of Northwestern Mexico. Note: EXMIN Resources Inc. (EXMIN) has taken all reasonable care in producing and publishing information contained in this news release. Material in this news release may still contain technical inaccuracies, omissions or typographical errors, for which EXMIN assumes no responsibility. This news release may include certain "forward-looking statements" including but not limited to comments regarding predictions and projections. All statements, other than statements of historical fact, included in this news release, including, without limitation, statements regarding potential mineralization, exploration results, and future plans and objectives of EXMIN, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in documents filed from time to time with the regulatory authorities. The TSX Venture Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news release. Contacts: EXMIN Resources Inc. Karl J. Boltz President & CEO 1-888-244-0304 EXMIN Resources Inc. Investor Relations 1-888-244-0304 Website: www.exmin.com Email: [e-mail] SOURCE: EXMIN Resources Inc. https://www.exmin.com mailto:[e-mail] Copyright 2007 Market Wire, All rights reserved.

[Revelation18]

Volume 10,000 - 0.02!! What actors ! No wonder Vancouver is sometimes called "Hollywood North".. Enjoy Mining KARL!!!

[coach247]

This is great: "The concession staked by EXMIN covers the core part of the known mineralization extending for about [b]750 metres along strike and where the structure ranges up to 29 metres in width[/b]. Preliminary surface sampling has indicated that the mineralized widths vary from 6 metres with 5.8 grams per metric tonne (g/t) gold to 13.5 metres with 0.77 g/t gold. "

[daytrader3]

I agree coach.This goes to show how smart management is.Flying under radar but not for long.Back up the truck longs.IMO.