Samex Mining Corp., Annual General Meeting, May 26, 2010 Location: Abbotsford, British Columbia, Canada.

Samex Mining Corp. has identified significant Carlin-type breccia and sediment-hosted gold exploration target in the Cinchado Project area of its Los Zorros Property in Chile. The target is positioned in large down-faulted structural block adjacent to an up-thrown fault block containing wedge-shaped breccia body. This 40 meter thick breccia was historically exploited for gold on a small scale at the San Pedro mine. Detailed exploration work by SAMEX indicates that the gold-mineralized breccia of the San Pedro mine may be a small, faulted-off portion of a more extensive breccia body at a drilling depth of 250 meters to 300 meters beneath the Cerro (Mt.) Cinchado area. In SAMEX's proposed exploration model, the gold target is described as a thick, 400-meter by 700-meter tabular-shaped breccia zone within a largely intact, sizeable structural block. Based on these dimensions, a 40-meter thickness and an assumed historic 3-gram gold grade of the San Pedro Mine breccia, the target area would be permissive for 30 million metric tonnes to 40 million metric tonnes grading 2 to 3 grams/tonne gold, likely with a significant credit in copper and possibly some silver. The San Pedro Mine is situated at the south end of Cerro Cinchado, a prominent, isolated mountain. SAMEX of breccia exposures left around the pit walls (71 samples) gave an average gold content of 1.905 g/mt and a range of gold values of 0.037 to 9.5 grams/tonne with 38 of the samples (53%) containing greater than 1 gram/tonne gold.

Samex Mining Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss from operations of CAD 695,600 compared to CAD 286,459 for the same period a year ago. Net loss was CAD 695,600 compared to CAD 286,459 for the same period a year ago. Basic and diluted net loss per share was CAD 0.01 compared to CAD 0.01 for the same period a year ago. Comprehensive loss was CAD 692,264 compared to CAD 287,141 for the same period a year ago. Net cash used in operating activities was CAD 303,473 compared to CAD 273,664 for the same period a year ago. For the nine months, the company reported net loss from operations of CAD 1,117,587 compared to CAD 854,624 for the same period a year ago. Net loss was CAD 1,081,143 compared to CAD 854,624 for the same period a year ago. Basic and diluted net loss per share was CAD 0.01 compared to CAD 0.01 for the same period a year ago. Comprehensive loss was CAD 1,078,811 compared to CAD 861,722 for the same period a year ago. Net cash used in operating activities was CAD 685,569 compared to CAD 885,454 for the same period a year ago.

SAMEX Mining Corp.: Private Placement

SAMEX Mining Corp.: Stock Options Granted

SAMEX Mining Corp.: Private Placement Completed

Drilling in Progress Adjacent to SAMEX's Chimberos Gold/Silver Property, Chile

SAMEX Mining Corp.: "Los Zorros Gold Property Overview" Video-Gram

SAMEX Mining Corp.: Final Payment Completed to Acquire Providencia Mine Concessions-Inca Project, Chile

SAMEX Defines Significant Gold Exploration Target at Cinchado Gold Project-Los Zorros Property, Chile

SAMEX Defines Significant Gold Exploration Target at Cinchado Gold Project-Los Zorros Property, Chile

SAMEX Mining Corp.: Introducing "Video-Grams"

SAMEX Mining Corp.: Exploration Program Underway-Los Zorros Gold Project, Chile

SAMEX Mining Corp.: Private Placement

SAMEX Mining Corp.: Stock Options Granted

SAMEX Mining Corp.: Private Placement Completed

SAMEX Mining Corp.: "Los Zorros Gold Property Overview" Video-Gram

Drilling in Progress Adjacent to SAMEX's Chimberos Gold/Silver Property, Chile

SAMEX Mining Corp.: Final Payment Completed to Acquire Providencia Mine Concessions-Inca Project, Chile