Solex Resources Corp.

Solex Resources Corp.

March 27, 2007 15:49 ET

Solex Resources Corp. Appoints Deborah Thiel as Director of Corporate Development

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 27, 2007) - Solex Resources Corp. (TSX VENTURE:SOX) ("Solex" or the "Company") is pleased to announce that Ms. Deborah G. Thiel has been appointed as Director of Corporate Development for the Company.

Ms. Thiel is the President and CEO of Nexus Consultants Inc., a privately owned corporate development & marketing consulting company incorporated in June 1988. Nexus has exclusively served public companies in the mineral exploration industry since May 1995. Deborah brings to Solex Resources Corp. a wealth of public company experience, both at the senior management and Board levels. Most notably Ms. Thiel has worked in the Corporate Development/IR role for Altius Minerals Corporation and currently with AuEx Ventures.

Subject to regulatory approval, the Company has granted Ms. Thiel 250,000 incentive stock options exercisable at a price of $1.35 per share, for a period of two years.


Solex is a mineral exploration company engaged in the acquisition and exploration of uranium and base metal properties in the Republic of Peru. Solex is the largest concession holder in the Macusani Uranium District in southeast Peru. The Macusani East project is a joint venture with Frontier Pacific Mining Corporation, which has the right to earn a 50% interest in the Macusani East project after spending CDN$4 million over a five year period. Solex is also exploring its 100% owned Pilunani (lead-zinc), Princesa (silver-lead-zinc), Macusani West (uranium), Picotani (uranium) and Cullquimayo (copper-silver-uranium) properties.

This news release may contain forward-looking statements that are based on Solex's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

The TSX Venture Exchange (the "Exchange") has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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