eResearch

eResearch

December 15, 2006 16:30 ET

eResearch Issues Initiating Report on EXMIN Resources Inc.

TORONTO, ONTARIO--(CCNMatthews - Dec. 15, 2006) - eResearch analysts, Stephen Mussart, B.A. (Economics), MBA and Bob Weir, B.Sc., B.Comm., CFA, have written an Initiating Report on EXMIN Resources Inc. (TSX VENTURE:EXM). EXMIN Resources is a Canadian junior mining company engaged in the exploration for gold and silver in the Sierra Madre Occidental region of Mexico.

In the Report, the Analysts state: "Despite the fact that the Company is relatively young and has not yet established a meaningful track record, we recognize that EXMIN has a strong veteran management team, demonstrated access to the capital markets, and strong joint venture partners."

The Analysts go on to say, "The Sierra Madre region of northwest Mexico is a well regarded geological area and has a 400-year history of precious metals production dating back to the Spanish Colonial era. Numerous high-profile exploration and development projects are currently active in this region."

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EXMIN Resources Inc. paid eResearch a fee of C$17,500 + GST to conduct research on the Company, on an Annual Continuous Coverage basis.

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