Newmex Minerals Inc.

June 24, 2005 18:45 ET

Gary S. Guidry Joins the Board of Directors of Newmex Minerals Inc.

CALGARY, ALBERTA--(CCNMatthews - June 24, 2005) - Newmex Minerals Inc. (the "Company") (TSX VENTURE:NMM) is pleased to announce the appointment of Gary S. Guidry to its board of directors. Mr. Guidry has over 25 years experience in the oil and gas industry at senior management levels. Mr. Guidry is a Professional Engineer who has extensive experience in exploration, production, and in the acquisition and development of projects in Canada, the United States, and other countries. Management of the Company believes that the appointment of Mr. Guidry will benefit the Company in its future endeavours.

Forward looking statements: This document contains statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the Company's capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

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

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