Goldex Resources Corporation (TSX VENTURE:GDX) ("Goldex" or the "Company") today
announced sample assay results from the El Roque sector of its flagship El Pato
property in Guatemala. The reported samples were collected from trenches in the
El Roque Zone along a segment of vein that exceeds 180 metres in strike length
exhibiting mineralogy consistent with vein segments in other sectors of the El
Pato property. 


A total of ten samples were collected from vein outcrops in the El Roque Zone in
October 2011 by Steven L. Park, a Qualified Person as defined in NI 43-101. 




----------------------------------------------------------------------------
                              Sample  Sample Size                           
Sample ID                     Type(i)          (m)    Au g/t(ii)       Notes
----------------------------------------------------------------------------
15209                          Panel    0.8 x 1.0         20.47  Quartz vein
----------------------------------------------------------------------------
15210                          Panel    0.5 x 1.0          3.12  Quartz vein
----------------------------------------------------------------------------
15223                          Panel   0.75 x 1.0         19.42  Quartz vein
----------------------------------------------------------------------------
                                                                 Quartz vein
15224                          Panel    1.3 x 1.0         69.72  w/ wallrock
----------------------------------------------------------------------------
15225                          Panel    0.6 x 1.0         37.95  Quartz vein
----------------------------------------------------------------------------
                                                               Shear zone w/
15226                          Panel    1.5 x 0.5          0.51 quartz veins
----------------------------------------------------------------------------
                                                               Shear zone w/
15227                          Panel    1.2 x 1.0          1.55 quartz veins
----------------------------------------------------------------------------
15228                          Panel    0.8 x 1.0          0.60  Quartz vein
----------------------------------------------------------------------------
15229                      Channel(1)         1.6          0.22  Quartz vein
----------------------------------------------------------------------------
15230                      Channel(1)         2.2          0.16  Quartz vein
----------------------------------------------------------------------------



(i)The term "panel" sample refers to rock chip sampling across a rectangular
surface area oriented orthogonal to the vein and measuring (apparent) Vein Width
x 1.0 metre, unless otherwise indicated.   


(ii)Samples were analyzed for gold by fire assay with an AA finish by
Inspectorate Labs in Reno, Nevada, USA. Samples were transported from the El
Pato site accompanied by S. Park to the Inspectorate preparation lab in
Guatemala City.


(1) Channel sample size indicates apparent vein width cutting perpendicular to
the dip and strike of a vein.


The vein system in the El Roque Zone is characterized by irregularly exposed,
high-grade quartz veins up to 2.2 metres in width with grades up to 69.7 g/t Au.
Veins consist of massive quartz carrying fine-grained sulfides and native gold.
The highest grade sample was from a shear zone containing a mixture of quartz
veining and silicified granodiorite with broken quartz fragments throughout. 


True vein widths were not always available for measurement or sampling in
outcrop due to cover. In some cases, true vein widths may be wider than reported
here.


El Roque is one of the four principal sectors at EL Pato that also include,
Cerrito, Cerrito West, and Agua Zarca. These areas were explored in the late
eighties and early nineties by the UN and Guatemalan government and as such have
been the focus of exploration to date at EL Pato. Samples were taken as part of
an ongoing geological program to establish a resource estimate at EL Pato
compliant with NI 43-101 standards and as part of a continuing exploration
program designed to guide plans for future mining of gold in high-grade surface
zones. Results have already been reported this year for the Cerrito West and
Cerrito sectors. Bulk sampling at Cerrito West (see news release dated May 18,
2011) showed average grades of 28.5 g/t Au while results from the Cerrito sector
(see news release dated November 29, 2011) showed further high grades of up to
81.93 g/t Au. These results show that significant mineralization exists at the
Principal Sectors of EL Pato, with high grade gold evident at surface.


"In the Principal Sectors we are now zeroing in on a model of undulating sheeted
or stacked veins with high grade gold also evident in the wallrock. Our ongoing
surface sampling programs should help us better define the nature of the
resource in these Principal Sectors. We plan to put the high grade surface areas
of El Pato into production as soon as we are able. This will provide us with
resources to continue to expand exploration activities to include areas
surrounding the Principal Sectors. We are currently branching out to the north
and southwest of the Principal Sectors and have already received high grade
sampling results from the El Sauce area in the south west", stated Goldex
president, Chuck Ross. (see news release dated June 1, 2011)


The El Pato project is located in south-eastern Guatemala, 10 kilometres west of
the town of Chiquimula, the closest commercial centre to the project and
approximately 110 kilometres east of Guatemala City. The project is accessible
via paved road.


CHUCK ROSS, President

GOLDEX RESOURCES CORPORATION 

This news release has been reviewed and approved by Steven Park (P.Geo), a
Qualified Person as defined in NI 43-101.


About Goldex Resources

Goldex Resources Corporation is a TSX-listed (GDX) junior resource company
exploring for gold in the Americas. Led by experienced resource professionals
and a world class geological team Goldex's operations include prestigious,
strategically focused projects in both Guatemala and Mexico


For regular updates please email stephanie@chfir.com using Goldex News in the
title box.


Forward-Looking Statements

The forward-looking statements contained herein are expressly qualified in their
entirety by this cautionary statement. The forward-looking statements included
in this document are made as of the date of this document and the Company
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as expressly required by applicable securities legislation. Although
Management believes that the expectations represented in such forward-looking
statements are reasonable, there can be no assurance that such expectations will
prove to be correct. This news release does not constitute an offer to sell or
solicitation of an offer to buy any of the securities described herein.
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