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Exploration Update

Exploration Programs

FOR IMMEDIATE RELEASE TSX V Symbol: AUX November 1, 2018

EXPLORATION UPDATE

Vancouver, British Columbia – Auramex Resource Corp . (the “Company” or “Auramex”) (TSX.V:

AUX) announces that its geological team is now comp iling and interpreting preliminary results from an

extremely successful field season. Geological mappi ng, prospecting and sampling was conducted across

the Company’s extensive (200 square km) land holdings in the Stewart Camp of British Columbia’s Golden

Triangle. The Auramex properties extend from south of Stewart, 40 km up the Bear Valley to Bear Pass.

The program was conducted in conjunction with Mountain Boy Minerals Minerals Ltd (MTB-TSXV) under

a cooperative exploration agreement by which the companies pooled their extensive geological data bases

and explored their adjacent properties in a coordin ated manner. Auramex was operator of the program,

which was directed by Dr. Paul Metcalfe, director a nd vice president of exploration, who has 30 years of

experience in the Golden Triangle. Other members o f the six-person geological team also have extensive

experience in the region.

Pooling of historic data and working across propert y lines provided the geological team the first-ever

comprehensive view of the geological settings that produced the numerous gold-silver occurrences in th e

region. Results of the recent field work, together with the extensive data base of previous results, are being

interpreted with leading-edge scientific approaches , leading to refined interpretations of the geologi cal

systems. The team is now beginning to outline broad and robust mineralizing systems capable of generating

large deposits.

Over the coming weeks, the geological team will receive analytical results from more than 500 samples.

Those results and the other results of the summer program, will be integrated into a comprehensive data

set. Further geophysical surveys are planned to complete coverage of the area. The work over the next

few months is expected to generate multiple exploration targets in advance of next summer’s program.

Auramex will be seeking joint venture partners on some of the target areas to provide funding for the

work next season.

20th Floor, 250 Howe Street

Vancouver, BC V6C 3R8

Canada

Tel: 604-914-2142

About Auramex

Auramex is exploring a large and highly prospective property portfolio in the Stewart Camp, at the southern

end of the Golden Triangle in British Columbia. Auramex has 200 square km of mineral rights, located on

or near roads within 45 km of the deep-water port of Stewart.

The Golden Triangle is beginning to be recognized as one of the most highly mineralized geological settings

with excellent exploration potential for future dis coveries. The Golden Triangle region has matured

dramatically over the past few years, with two mines now in production, road access greatly improved, and

a quantum leap in terms of geological understanding of the processes that created some of the largest, and

highest-grade metal deposits on the planet.

On behalf of the Board of Directors:

Lawrence Roulston

President & CEO

(604) 914-2142

For further information, contact:

Nancy Curry

VP Corporate Development

(604) 220-2971

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 fo r the adequacy or accuracy of this release.