Silvermex Resources Ltd.
TSX VENTURE : SMR

Silvermex Resources Ltd.

December 21, 2007 10:50 ET

Silvermex Resources Ltd.: San Marcial Technical Report Filed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2007) - Silvermex Resources Ltd. ("Silvermex") (TSX VENTURE:SMR) is pleased to report that it has filed on Sedar, a report titled NI 43-101 Technical Report for the San Marcial Property, La Rastra Mining District, Sinaloa, Mexico (the "Report") authored by Mr. William Lewis, B. Sc., P.Geo of Micon International Inc. of Toronto and Mr. N. Eric Fier, C.P.G., P. Eng. Mr. Fier had previously prepared a resource estimate on the optioned property in 2002 for a previous operator.

Pursuant to current CIM definitions for Mineral Resources the optioned property hosts an Inferred Mineral Resource of 14.26 million ounces of silver, 33 million lbs of zinc and 16 million lbs of lead (2.31 million tonnes grading 191.79 g/t silver, 0.66% zinc and 0.32% lead).

Based on work to date, a number of silver targets that may be amenable to bulk mining techniques have been identified. The most advanced of these targets is the San Marcial SE and NW zone which extends for 450 metres along strike and is open in both directions and at depth.

The best values to date are returned from a 2001 drill program completed by previous operators. Diamond drill holes SM-4 and SM-5 from the San Marcial SE zone returned the following intercepts:



-----------------------------------------------------------------------
Silver Silver
Drill Interval Grade Interval Grade
Hole From To (in metres) (g/tonne) (in feet) (oz/ton)
-----------------------------------------------------------------------
SM-4 3.0 69.0 66.0 205.9 216.5 6.0
-----------------------------------------------------------------------
incl. 6.0 21.0 15.0 637.0 49.2 18.6
-----------------------------------------------------------------------
SM-5 1.4 36.0 34.6 205.3 113.5 6.0
-----------------------------------------------------------------------
incl. 1.4 9.0 7.6 415.1 24.9 12.1
-----------------------------------------------------------------------
incl. 15.0 21.0 6.0 342.7 19.7 10.0
-----------------------------------------------------------------------


The Conclusion section of the Report states:

"San Marcial...is a project with known silver mineralization and associated mineralization occurring in a series of two parallel veins, which have been the subject of a number of historical working and drill holes. The two parallel veins have been the subject of a CIM compliant mineral resource estimate which was originally conducted in 2002 and has been reviewed and found to be still valid in 2007.

Further exploration work will be needed to determine whether or not the existing inferred mineral resource can be upgraded and expanded."

Technical staff of Silvermex is of the view that the optioned property has significant exploration potential and is currently reviewing existing data in order to prepare for an exploration program which will include drilling. The exploration program is scheduled to commence in the first quarter of 2008.

Qualified Person

Pursuant to National Instrument 43-101, William Lewis, P.Geo. of Micon International Inc. and Darcy Krohman, P.Geo. are the Qualified Persons (QP) responsible for the disclosure in this news release.

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 out 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.

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

Contact Information