Prominex Resource Corp.

Prominex Resource Corp.

November 27, 2006 09:00 ET

Prominex Intersects 13 m of 10.6% Combined Zinc/Lead at Tulks Hill

Assays Include 14.6% Zinc over 4.25 meters

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 27, 2006) -

Mr. Lorne B. King reports:

Prominex Resource Corp. (TSX VENTURE:PXR) announced today that diamond drilling at the Tulks Hill Property has intersected additional high-grade base metal massive sulphides in the T-3 lense at its Tulks Hill Property.

Holes TH-06-26 to TH-06-28 were drilled 30 meters east of holes TH-06-23 to 25 with the objective of confirming previous packsack drilling results reported by Asarco/Abitibi Price, in the 1980's, on approximately 100 foot (30 m) spaced sections.

Ore-grade assays were returned on all three holes with the most significant intersection on TH-06-28 where 13.0 meters of 8.33% Zn, 0.88% Cu, 2.31% Pb, 56.91 g/t Ag and 0.73 g/t Au were encountered. Included in this intersection was 4.25 meters of 14.61% Zn, 0.71% Cu, 4.28% Pb, 56.91 g/t Ag and 0.73 g/t Au. A 0.15 meter wide high-grade (zinc) massive sulphide section in TH-06-26 was encountered within a fault having 2.9 meters of core loss.

From To Width Zinc Copper Lead Silver Gold
Hole Dip Lense (m) (m) (m) (%) (%) (%) (g/t) (g/t)
-------- ------- ----- ----- ------ ----- ----- ------ ----- ------- -----

TH-06-26 -35 T-3 31.0 31.15 0.15 13.7 0.6 2.8 54.1 1.2

TH-06-27 -55 T-3 28.84 30.20 1.36 1.6 0.3 2.8 175.0 3.4
and: T-3 34.00 39.00 5.00 1.16 0.31 0.44 78.55 1.03

TH-06-28 -70 T-3 38.30 51.30 13.0 8.33 0.88 2.31 56.91 0.73
including: 38.30 42.55 4.25 14.61 0.71 4.28 0.01 0.7

The massive sulphide lense consist of variable proportions of pyrite, sphalerite (zinc), galena (lead) and chalcopyrite (copper) hosted by an intensely altered (silicified and sericitized) sequence of felsic to intermediate tuffs and flows.

"We have continued to define excellent grade Zn, Pb, Cu, Ag and Au values in massive sulphides as we expand our drill testing of this significantly mineralized property," commented Lorne King, Prominex's President and CEO. "We are very pleased with these results and they will provide essential information in focusing our expanded 2007 exploration program."

The Company is earning a 51% interest in the Tulks Hill Property from Buchans River Ltd. (TSX VENTURE:BUV) (refer to news release of November 14, 2005).


Exploration on the Tulks Hill property is being conducted under the direction of Paul O'Brien, B.Sc., P.Eng., Prominex's Vice President of Exploration and Development and Project Geologist Wilson Jacobs, B.Sc., P.Geo., both of whom are "qualified persons" as defined by National Instrument 43-101. Mr. Jacobs is responsible for the preparation of technical information in this news release.

Drilling was conducted by Petro Drilling Company, an independent Canadian contractor with an office in Springdale, NL.

The company has instituted a strict chain of control of the core in that it is securely boxed at the drill site from where the company takes possession and transports it directly to the core processing facility at Buchans, where it is kept in a secured building until logged and sampled. The core is cut in half with a diamond saw, with one half being placed in the core tray for future reference and study, and the other half being bagged as a sample for direct transport to the laboratory by the geologist-in-charge.

All samples were collected in accordance with industry standards and are submitted to Eastern Analytical Limited, Springdale Newfoundland. The company has implemented a Quality Control and Quality Assessment procedure which involves inclusion of blanks, standards, and every tenth sample is quartered with one quarter going to Eastern Analytical and the other going to Loring Labs, Calgary, AB for check assays.


Lorne B. King, President and CEO

We seek Safe Harbour.

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

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