Goldex Resources Plans 5000 Meter Drill Program

Februar ry 23, 2011 GD DX: TSX Ve enture Exch hange

NEW WS RELEAS SE GOLDEX RE G ESOURCES S PLANS 5000 METER R DRILL PR ROGRAM

VANCOUVER, BC: Goldex Re esources Co orporation (t the “Compan any”) is plea ased to anno ounce that, following the c completion o of the recen nt financing, the Board of Directors s has approv ved a 5000 met ter drill prog gram along s strike on its E El Pato prop perty in Guat temala.

The obje ective of the planned dril lling is to de etermine if m mineralizatio on extends a along strike a as far as the El Sauce secto or where the Company al lready has hi igh-grade go old mineraliz zation at sur rface.

GOLDE EX RESOUR RCES COR RPORATION

“Charles s E. Ross”

Director and Presiden nt

GOLDEX X RESOURC CES CORPO ORATION

Suite 2110 – 1177 W. H Hastings Stre eet Vancouve er, BC, Canad da V6E 2K3 Tel: 604.6 669-4300 Fax: 604.9 909-4682 Email: len [email protected] Website: w www.goldex.

.ca

Neither t the TSX Ven nture Excha ange nor its Regulation Service (as s that term is defined i in the polices of of the TSX Ve enture Excha ange) accepts responsib bility for the adequacy or r accuracy of of this release.