Property Acquisition

750 Grand Boulevard North Vancouver, BC V7L 3W4

Tel: 604-924-9376 Fax: 604-924-9371

FOR IMMEDIATE RELEASE (TSX V Symbol: AUX) October 27, 2010

Property Acquisition

Auramex Resource Corp. (the “Company”) announces the purchase from Quaterra Resources Inc. of a 100% interest in the Ashwood Property located in the Skeena Mining Division, approximately 17 kilometres south of Stewart, BC. The property consists of five tenures totalling 1750 hectares. The cost of the purchase is $10,000 cash, one million Auramex shares and a 1% Net Smelter Returns Royalty from production, capped at two million dollars. The purchase agreement is subject to approval by the TSX Venture Exchange.

Approximately $720,000 was reportedly spent on exploration on the Ashwood property during the period 1993-1997. Anomalous gold values have been reported to exist in surface samples and one angular boulder is reported to have assayed 11.7 grams/tonne gold. Ashwood is considered an important gold property due to its proximity to the extensive gold mineralization identified by more than 100 diamond holes at the Company’s Georgia River Gold property.

The Company has also acquired by staking, cell claims totalling 909.5 hectares contiguous to Ashwood’s northern boundary and contiguous to the eastern boundary of the Company’s 100% owned Georgia River Gold property. The staking cost was $363.80.

About Auramex Resource Corp. – www.auramex.com

Auramex Resource Corp. is a junior mining exploration company with projects in British Columbia and in Sinaloa State, Mexico. In B.C., the Company holds 36,000 hectares near Stewart, a grass roots exploration project, and 1,500 hectares 92 kilometres north of Vancouver. In Mexico, the Company holds 6,000 hectares near Culiacan, Sinaloa known as the Magenta project.

For information on Auramex please contact Judie Whitby at (604) 924-9376 or refer to the company’s website: www.auramex.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.