Silvermex Resources Ltd.
TSX VENTURE : SMR

Silvermex Resources Ltd.

January 24, 2008 08:30 ET

Silvermex Resources Ltd.: Deloitte & Touche LLP Appointed Auditor

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - Silvermex Resources Ltd. (TSX VENTURE:SMR) ("Silvermex" or the "Company") announces that Deloitte Touche LLP ("Deloitte") has been appointed auditor by the Company's Board of Directors, effective immediately. Management believes the expertise offered by Deloitte in both Canadian and Mexican accounting, audit and taxation matters will be an important contributor to the success of the Company as its projects and operations advance. Services provided by Deloitte's will be managed through its offices in Vancouver, BC, Torreon, Coahuila, and Hermosillo, Sonora.

Silvermex's management wish to thank the Company's outgoing auditor, Charleton & Company, Chartered Accountants, for the assistance and services provided over the last three years, including during the Company's initial public offering.

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 or our industry's 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.

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 suggested 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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