MORIS MINE

EXMIN Resources announced that it has completed the previously announced sale of its 30% interest in Minas Santa Maria de Moris, S.A. de C.V., (MSMM), the Mexican company that owns the assets of Moris mine project, for US$1.5 million, to a subsidiary of Hochschild Mining Plc. In late March, EXMIN signed a Letter of Intent to sell its 30% shareholding interest in MSMM.

EXMIN Resources Inc. announces that it has been notified by Hochschild Mining Plc.that it will exercise its Right Of First Refusal to purchase EXMIN’s 30% interest in Minas Santa Maria de Moris, S.A. de C.V., (MSMM), for U$1.5 million plus IVA, the 15% value added tax in Mexico. MSMM is the Mexican company that owns the assets of Moris mine project.

Announces that it has signed a Letter of Intent to sell its 30% shareholding interest in Minas Santa Maria de Moris, S.A. de C.V., (MSMM), the Mexican holding company of the Moris mine, in western Chihuahua state, Mexico. MSMM is owned jointly by EXMIN 30% and Hochschild Mining Plc. (Hochschild) 70%. Hochschild has been the operator since the companies purchased the Moris mine in December, 2006.(Pa736602.PDF).