Ophir Canyon Bulk Sampling Approved and Company Issued S.E.C. Rule 12(g)3-2(b) Exemption Number.

TORONTO--(BUSINESS WIRE)--May 28, 1996--Knomex Resources Inc.(Alberta Stock Exchange:KNO OTC BULLETIN:KMXRF) (the "Company") is pleased to announce that Gold Valley Resources Inc.("Gold Valley"), the operator of the Company's Ophir Canyon Property (the "Property"), has received a permit from the Toiyabe National Forest Service to process a bulk sample from the Property.

The Property is located in Nye County, Nevada, fifteen miles north of Round Mountain in the Tonopah Mining District.

A stockpile of approximately 30,000 tons of ore was left over from mining operations from the late 1800s when the Property was known as the "Murphy Mine" and was Nevada's richest and most famous gold and silver producer of that era.

The stockpile was assayed extensively by a lab in Nevada and recoveries from the stockpile were tested and confirmed by Lakefield Research in the fall of 1995. The grades indicated from these assays are over 20 ounces/ton of silver and 0.1 ounces/ton gold in the stockpile with an expected recovery of 86%.

A bulk sample from the stockpile will be processed at a custom mill twelve miles from the Property and will provide valuable statistical information. Cash flow from the processing of the stockpile is estimated to be over US$3,000,000 of which the Company will be entitled to receive 50%, providing the Company earns its 50% interest in the Property in accordance with the terms of its agreement with Gold Valley.

Extensive mapping and soil testing has been carried out on the Property and indicates widespread gold and silver mineralization. The information gained by the processing of the stockpile, together with the work carried out to date, will form the basis for the drill program expected to begin in late June.

The Company has an option to earn a 50% working interest in the Property from Gold Valley in consideration for the expenditure of $400,000.00 on the Property by June 30, 1997, the issuance of 200,000 treasury common shares of the Company to Gold Valley and the payment to Gold Valley of $135,000.00 on or before December 31, 1997.

A further 100,000 common shares are issuable to Gold Valley if the Property is put into commercial production. Gold Valley has optioned its 50% interest in the Property to Minerais Barexor Inc. ("Barexor") of Val D'Or, Quebec.

If both the Company and Barexor earn their options in the Property from Gold Valley, the Company and Barexor will enter into a joint venture for the further exploration and development of the Property.

The Company is also proceeding with exploration projects on three other properties in Nevada: the Klondyke Property, the Ruby Property and the newly acquired Willow Creek Property on the Carlin Trend. Exploration results from these properties are expected to be announced over the next several months.

The Company is also pleased to announce that it has filed documentation with the United States Securities and Exchange Commission and has been added to the list of those foreign private issuers that claim exemption pursuant to Rule 12(g)3-2(b) under the Securities Exchange Act of 1934. The exemption number for the Company is 82-4347. -0- The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

CONTACT: Knomex Resources Inc.

Mr. Andrew McQuire, 416/365-0383

or

Knomex Resources Inc.

Mr. John Butt, 416/365-0383