Solex Resources Corp.

Solex Resources Corp.

June 06, 2007 11:00 ET

Solex Resources Corp. Provides Update on Exploration Projects in Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 6, 2007) - Solex Resources Corp. (TSX VENTURE:SOX) ("Solex" or the "Company") is pleased to provide an exploration update on its uranium and base metals projects in southeastern Peru.

On the Macusani East uranium joint venture project, Solex has been informed by its joint venture partner and operator, Frontier Pacific Mining Corporation, that drilling of the Agaton target was completed in April, 2007. Drill results are pending and will be released when received. Frontier is now drilling the Calvario I and Sayana West targets, the third and fourth of its current eight-target drill program to define an initial uranium resource at the project.

On the Company's 100%-owned Macusani West uranium project, a regional exploration is underway to locate additional targets. Initial work completed in 2006 identified at least five areas of interest and drill permits have now been secured in advance for the Centilla and Chuya Chuya targets.

On Solex's 100%-owned Pilunani base metals project, a follow-up drill program to the Company's 2006 scout program has been completed and core is currently being logged and split before being delivered to the assay facility. Data compilation is underway prior to submitting the information to interested possible joint venture participants.

No work was undertaken on the 100%-owned Cullquimayo polymetallic project during the last quarter and none is planned until such time as joint ventures are concluded on the Princesa and Pilunani projects.

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.

On Behalf of the Board of Directors of SOLEX RESOURCES CORP.

Jonathan Challis, President & Director

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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