Agoracom

TORONTO, Oct. 18 - Temex Resources Corp. (TSX Venture Exchange: TME, Frankfurt: TQ1) ("Temex" or "the Company") is pleased to announce that it has retained the services of AGORACOM Investor Relations ("AGORACOM";) (http://www.agoracom.com) to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world's biggest websites for the purpose of attracting new shareholders.

ONLINE INVESTOR RELATIONS MAXIMIZES SPEED, TRANSPARENCY AND ACCESS TO COMPANY

In response to overwhelming data representing the online research and communications habits of small-cap investors, Temex has turned the primary focus of its investor relations to the web via the AGORACOM system to facilitate faster, better and more accessible communications with both current and prospective shareholders around the world.

Effective October 29th, a customized and monitored Temex IR HUB will allow both the Company and AGORACOM to communicate with all investors simultaneously, anytime and in near real-time. Our new IR HUB will also provide management with an ability to extend communications beyond text via audio messages, video presentations, webcasts and podcasts. In addition to traditional e-mail, investors will also have the ability to receive all communications via RSS feed.

LAUNCH OF TEMEX COMMUNITY

The Temex IR HUB propels the Company into the forefront of Web 2.0 community building by providing investors with two very important functions. First, a monitored discussion forum for the purposes of constructive and high-quality discussion amongst investors that is free of spam, profanity and misinformation. Second, a social network that provides investors with the ability to create extensive profiles that include photos, bios, video messages to fellow investors, a rating system and other important items to create a closer bond between our shareholders.

TIER-1 EXPOSURE AND AWARENESS

As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" to Yahoo Finance Canada, AOL Finance Canada and Blackberry devices, AGORACOM will provide Tier-1 financial coverage of all newsworthy Temex press releases for the purposes of attracting new and prospective shareholders.

Temex President and CEO, Ian Campbell stated, "We are excited to be working with AGORACOM to significantly increase our communications with both existing shareholders and the massive online small-cap community of investors that are searching for their next great investment. I strongly encourage our shareholders to begin taking advantage of our new online IR system, which demonstrates we are a fully accessible organization with a great story to tell."; Commented Bruce Durham, Executive Chairman of Temex, "We felt that our increasing efforts to become one of the key explorers in the area of the rapidly developing Noront Double Eagle Ni-Cu-PGE discovery should be better communicated to the investing public. Our decision to work with AGORACOM provides the investing public with a great set of real time and near real time products that will significantly enhance our visibility as this exciting area play develops."

The Company has entered into an agreement with AGORACOM which has an initial term of 12 months, beginning on October 17, 2007, pursuant to which the monthly cash compensation of $CDN $3,000 per month is payable at the beginning of each month. Additionally, the Company has granted to AGORACOM options to acquire up to 225,000 shares in the common stock of Temex at $CDN 0.71 per share pursuant to the Company's stock option plan. This agreement has been negotiated entirely at arm's length. AGORACOM other than as discussed herein, has no interest, directly or indirectly, in Temex or its securities, or any right or intent to acquire such an interest.

About AGORACOM

AGORACOM Investor Relations (http://www.AgoracomIR.com) is North America's largest online investor relations firm for small-cap companies. AGORACOM has partnered with the world's biggest internet companies, including Yahoo, AOL, Google and Blackberry to market to clients to a massive audience of new small-cap investors. AGORACOM is a privately held business based in Toronto Ontario, and has served over 200 companies since 1997.

AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices. Our IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications.

AGORACOM (http://www.Agoracom.com) is North America's only small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping. AGORACOM's traffic ranking is above the top 1% of all websites around the world.

About TEMEX

TEMEX has several active exploration projects in Ontario including ongoing land acquisition and airborne geophysical surveying near the Noront Double Eagle Ni-Cu-PGE discovery in the Webequie area, as well as several surface exploration and diamond drill programs on its precious and base metals projects.

Temex recently announced an update on its extensive activities and progress in the area of and immediately adjacent to the Noront Double Eagle Ni-Cu-PGE discovery in the McFaulds Lake area of northern Ontario. Claim acquisition has now been completed under a joint venture with MacDonald Mines Exploration Ltd. ("MacDonald") however staking continues with other parties. A total of approximately 1500 claim units covering some 24,000 hectares were acquired under the initial joint venture arrangement. In some instances the claim boundaries are adjacent to the boundary of the Noront Double Eagle Property and in other instances the claims are well removed from the main Noront Property covering features thought to be geological environments similar to the Noront Ni-Cu-PGE discovery.

Based on the significant drill results reported by Noront, Temex and MacDonald have initiated an aggressive initial exploration program on these extensive new properties consisting of a combination of ground and airborne geophysical surveying followed immediately by diamond drilling. Airborne geophysical surveying has commenced and geophysical crews and support staff have been dispatched to the base of operations in the town of Webequie. Compilation work suggests the claims acquired have never been subjected to any previous exploration for Ni-Cu-PGE mineralization and for the most part the properties have not been covered by any kind of modern magnetic and electromagnetic geophysical survey. Limited available data indicates the presence of geophysical targets similar in scope to the geophysical features near the Double Eagle Ni-Cu-PGE discovery that warrant diamond drill testing. The diamond drill equipment required for the program is already on site and it is expected that drilling operations will commence in approximately two weeks.

Temex is conducting diamond drilling on its precious metals properties located in northeastern Ontario, with drill results pending on recently completed diamond drill programs on its Timmins Gold Project and on its Juby JV Gold Property in Tyrrell Township. Surface exploration programs on both projects as well as the Gowganda Silver project is ongoing in preparation for additional diamond drilling later this year and early in 2008. Additionally, Temex has just commenced a $1 million exploration program on its Merico Ethel and Yarrow gold-copper-uranium properties located near Elk Lake in which Uranium Star has an option to earn a 50% interest by funding 100% of the exploration costs. A field program consisting of 5000 metres of diamond drilling and an extension surface exploration program is underway.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts that address future events or developments that the Company expects to occur are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure documents which are available under the Company's profile at www.sedar.com.

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

Temex is a well-funded Canadian exploration company focused on advancing its precious metal, diamond, nickel and uranium projects in Manitoba and Ontario.

On behalf of the Board of Directors,

"Ian Campbell"

Ian Campbell

President and CEO

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

Contacts

please contact Ian Campbell or Bruce Durham at (416) 862-2246 or visit the Company's website at http://www.temexcorp.com