NAMEX EXPLORATIONS INC.
TSX VENTURE : NME

NAMEX EXPLORATIONS INC.

December 14, 2006 14:11 ET

Namex Receives Preliminary Mobile Metal Ion Survey Results From Their Huffman Gold Property in the Swayze Gold Belt of Ontario

MONTREAL, QUEBEC--(CCNMatthews - Dec. 14, 2006) - Namex Explorations Inc. (TSX VENTURE:NME) -

Preliminary results from soil geochemical surveys on Namex's Huffman property, located 24 miles south of Timmins in the Swayze Gold Belt, have been received. Interpretation of Mobile Metal Ions ("MMI") soil geochemical survey data indicates that a 300 m long by 200 m wide geochemical anomaly is associated with fault-hosted high-grade gold, silver, copper, lead, zinc, molybdenum and antimony mineralization that occurs on the property. This anomaly extends to the limits of a recently established sampling grid. The anomaly is open to the east and west and is more than twice as long as the observed mineralization at surface. Initial estimates of the extent of the known mineralization was approximately 150 m. Highly anomalous MMI responses of greater than 100 times background were obtained for gold, silver, copper, lead, zinc, molybdenum and antimony. Antimony is a metal used in semiconductor technology, in the manufacturing of flame proofing compounds, paints, ceramic enamels, glass, pottery and in medicinal compounds.

The soil geochemical results confirm the potential for additional mineralization that Namex interprets will be geologically similar to that documented by assay results from historic trenches on the property (see Table 1 below and the November 15, 2006 Press Release). The Huffman mineralization is associated with a felsic porphyry and is along strike from the past-producing Jerome Mine.

Namex will aggressively explore the Huffman property in 2007 with ground geophysical (induced polarization "IP") surveys over the MMI anomalous area and drill test overlapping IP and MMI anomalies. The MMI surveys will be expanded to better define the extent of the precious and base metal anomaly from the 2006 survey.

Table 1 Assay results for selected grab samples collected from historic trenches on the Huffman property.



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Gold Silver Copper Lead Zinc Antimony
SAMPLE (FA/313) (AA/S40E) (ICA50/ (ICA50/ (ICA50/ (ICA50/
ICP12B) ICP12B) ICP12B) ICP12B)
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Ounces Ounces
UNITS Per Ton Per Ton Percent Percent Percent Percent
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751 0.95 18.4 2.19% 4.44% 0.84 1.43%
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753 0.82 18.1 2.71% 0.07 0.52 1.85%
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754 1.29 35.44 7.33% 3.1% 2.3% 4.31%
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755 1.10 31.18 5.98% 0.06 1.13% 3.83%
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756 1.02 5.95 0.60 0.04 0.06 0.28
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758 0.91 23.04 0.68 12.6% 1.12% 0.33
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759 1.92 57.4 8.63% 0.02 1.49% 5.94%
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(i)assays confirmed using FAG 303
(ii) high-grade assays confirmed using AAA50


Rock and soil sampling in the field was under the supervision of Oliver T. Maki, P. Geo. and Dr. Mark Fedikow P.Eng. P.Geo. who are the qualified persons responsible for the technical content of this news release. Rock and soil samples were sealed in plastic bags and shipped directly to SGS Laboratories in Toronto, an ISO registered laboratory. Sample analyses techniques codes are stated in Table 1, for details please go to www.sgs.ca/geochemistry.

Namex is a Canadian junior that actively explores for platinum group metals, nickel, copper, gold, silver, zinc and lead exclusively in North America. For further information, see Namex's due diligence site: www.namex-explorations.com

This release was prepared by the Company's management who take full responsibility for its contents. Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. The company disclaims any obligation to update forward-looking statements.

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

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