Auramex Resource Corp. (“ Auramex ” or the “ Company ”) announces the following corporate update and clarification: Corporate Update Details for a 2018 exploration program are being fi nalized and will be announced shortly.

FOR IMMEDIATE RELEASE TSX V Symbol: AUX July 9, 2018

Auramex Resource Corp. (“ Auramex ” or the “ Company ”) announces the following corporate

update and clarification:

Corporate Update

Details for a 2018 exploration program are being fi nalized and will be announced shortly.

Auramex is working toward several agreements intend ed to augment and rationalize the core

properties and to bring in joint venture partners o n non-core properties. A comprehensive

corporate presentation is nearing completion and the website is being updated and enhanced.

Clarification

At the request of the Exchange, Auramex would like to clarify disclosure in the March 31, 2018

interim financial statements (the “ Interim Financial Statements ”) with regard to the name of

one of its properties.

Note 13 - Subsequent Events referenced the Georgie River property, which was the first

reference to that property name. Georgie River was recently adopted as the name for a portion of

the Georgia River property, a long-time holding of Auramex, encompassing 5,883 hectares of

mineral titles located 18 kilometers south of Stewart, BC.

In April 2017, the Company entered into an agreemen t by which Decade Resources Ltd.

(“ Decade ”) could earn a 75% interest in claims encompassing 161 hectares, or less than 3% of

the overall property. (Terms are outlined in the ne ws release of April 11, 2017 and Note 6 of the

Interim Financial Statements.) The piece of the pro perty optioned to Decade encompasses the

past producing Georgia River mine.

To avoid the suggestion that Auramex continues to c ontrol the old mine, the project name was

changed to that of the dominant geographical feature on the property, being the Georgie River.

In summary, at this time:

- Georgie River property refers to the entire propert y, with Auramex holding a 100%

interest in 5883 ha, and retaining a 25% interest t o 161 ha representing the old mine

which was optioned to Decade;

- Georgia River mine refers to 3% of the property enc ompassing the old mine workings

over which Auramex will retain a 25% interest on completion of the Decade earn-in.

Future disclosure will incorporate more distinctive names.

20th Floor, 250 Howe Street

Vancouver, BC V6C 3R8

Canada

Tel: 604-924-9376

About Auramex

Auramex holds 190 square kilometers of mineral righ ts in BC’s Golden Triangle. The Georgie River

property surrounds a past producing gold mine near tidewater, 18 km south of Stewart; the Tide North

property is 4 km from an all-weather road; and the Bear Valley properties straddle highway 37A north

and east of Stewart.

For information on Auramex please contact Lawrence Roulston at (604) 924-9376 or (604) 398-8829 or ref er to the

company’s website: www.auramex.com .

The technical disclosure in this release has been read and approved by Paul Metcalfe, PhD,

P.Geo a qualified person as defined in NI 43-101.

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.