Micrex Development Corp.
TSX VENTURE : MIX

Micrex Development Corp.

October 03, 2005 07:30 ET

Micrex Announces Update to Burmis Environmental Study

CALGARY, ALBERTA--(CCNMatthews - Oct. 3, 2005) - Micrex (TSX VENTURE:MIX) is pleased to announce that collection of data for environmental studies related to the Burmis magnetite deposit have been completed, and that documentation required to support the mining application is now being prepared.

Lorrnel Consultants (http://www.lorrnel.com) have been working closely with Micrex to ensure that the permit application is comprehensive and complete. Currently, Lorrnel is reviewing and organizing the raw data in preparation for filing with the application. Lorrnel has advised Micrex that this work should be done, and the application filed, within the next six weeks.

Micrex has expended considerable time and resources conducting the environmental studies necessary to satisfy the requirements of the permitting process. All of these studies have confirmed Micrex's belief that the quarry operation it is proposing is in compliance with the laws and regulations of the various levels of government.

MICREX DEVELOPMENT CORP.

A mineral exploration and development company operating in Canada and the United States

Peace River Diamond Property - Burmis Magnetite Property - St. Charles de Bourget Magnetite/Titanium Property - Fort Steele Placer Property - Bighorn Gold Mine - Banks Gold Mine - Mount Royal Gold Mine - Deadwood Gold Mine - Sunburst Gold Property

Forward Looking Statements:

Statements made in this news release that relate to future plans, expectations, events or performances are forward-looking statements. Such statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Section 12(g)(3) Exemption 82-4281

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