Corex Gold Corporation
TSX VENTURE : CGE

Corex Gold Corporation

October 03, 2005 15:18 ET

Corex Gold Corporation: Incentive Share Options Granted

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 3, 2005) - Corex Gold Corp. (the "Company") (TSX VENTURE:CGE) would like to announce that, pursuant to the Company's stock option plan, has granted incentive stock options to its directors, employees and consultants to purchase up to an aggregate of 480,000 common shares in the capital stock of Corex Gold Corp., exercisable for a period of five years, at a price of $0.65 per share.

Craig D. Schneider, President

The foregoing information may contain forward-looking statements relating to the future performance of Corex Gold Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Corex Gold Corp.'s filings with the appropriate securities commissions.

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

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