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 Siribaya Project Update

June 22, 2010:

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 About Merrex
MERREX GOLD INC.
BOARD OF DIRECTORS



Gregory Isenor, BSc., PGeo.

Mr. Isenor, the President & CEO of Merrex Gold Inc., is a professional geologist, NI 43-101 ‘qualified person’ and businessman. He has over 35 years experience in the mineral and oil and gas resource industries and has worked throughout the world including North America, Asia, Africa, Australia and New Zealand.

Mr. Isenor was President, CEO and Director of Jilbey Gold Exploration Ltd. prior to its takeover by High River Gold Mines Ltd in 2005, and was instrumental in the identification of the Bissa gold deposit in Burkina Faso, West Africa, which was the principal asset of Jilbey. He is currently a director of Riverstone Resources Inc. a publicly traded company, and is actively involved with their exploration programs in Burkina Faso. Mr. Isenor is also involved in several private companies, and initiated the start up of Jubilee Minerals Ltd., which via a reverse takeover formed Merrex Gold Inc. He is also President & Director of Glencoe Resources Inc. and Vice President of Prince Edward Gas Inc.

Mr Isenor has served as a Director of the PDAC for 12 years and is a Director and past president of the Chamber of Mineral Resources of Nova Scotia.

Mr. Isenor holds a Bachelor of Science degree (1970) from Acadia University and is a member of the Association of Professional Geologists of Nova Scotia.


John Cumming, B.A., L.L.B., L.L.M. (London)

Mr. Cumming, a corporate, securities and mining lawyer and businessman, has been active in the Canadian securities markets and resource exploration sector for 30 years. Mr. Cumming was President and Director of Merrex Resources Inc., a NEX shell company which Mr. Cumming restructured and, together with Mr. Isenor, reorganized to form Merrex Gold Inc.

Mr. Cumming was the senior securities and mining law partner at the Vancouver law firm Boughton Peterson until 1992. Mr. Cumming was a founding shareholder of St. Philips Resources Inc. which, in joint venture with the Hunter Dickinson Group, found the Kemess Gold/Copper Mine. Both joint venture companies were sold in 1996 in a $200 million take-over bid. The Kemess Mine is the principal asset of Northgate Minerals Corporation producing 300,000 ounces of gold and 80 million pounds of copper annually.

Mr. Cumming is a director of Yaletown Entertainment Corp. and was co-executive producer of over 150 episodes of Yaletown’s television productions. He is also President and Director of ComWest Enterprise Corp. for which he negotiated a $10,000,000 earn-in agreement with Hunter Dickinson’s Rockwell Ventures on ComWest’s Royce Diamond Prospect.

Mr. Cumming holds Bachelor of Arts (1974) and Bachelor of Laws (1977) degrees from the University of British Columbia and a Masters in Laws (1993) degree from King’s College, University of London, where he graduated with a specialty in corporate and commercial law. Mr. Cumming has served as a director and officer of numerous public resource corporations since beginning his legal career in 1978.

Dr. James M. Patterson, PGeo.

Dr. Patterson is a professional geologist and an independent economic/exploration geological consultant. He is also Executive Consultant to FNX Mining Company Inc. Dr. Patterson has forty years experience in initiating, developing, conducting and supervising all phases of mineral exploration, ore reserve audits and valuations in numerous parts of the world including Canada, Ireland, Thailand, Malaysia and Indonesia. He was involved with the discovery of several mineral deposits in Ireland and immigrated to Canada in 1978 to bring a lead mine into production in Nova Scotia.

Dr. Patterson was a former Director of Jilbey Gold Exploration prior to its takeover by High River Gold Mines in 2005. He is currently a Director of Garson Gold Corp. as well as a Director of International Millenium Mining Corp. Dr. Patterson was formerly a Director of Hornby Bay Exploration Ltd., Crowflight Minerals Inc. and Mispec Resources Inc.

Dr. Patterson was Exploration Vice-President of FNX Mining Inc. and assisted with the revival and building of FNX from a $20 million company to a $2.5 billion leading Canadian mining company. In addition, Dr. Patterson has held numerous senior positions in various other mineral exploration companies during his career.

He graduated with an Honours Geology Degree from Trinity College, Dublin, Ireland and obtained his Ph.D. in Mining Geology from the Royal School of Mines, London University, England. Dr. Patterson is a practicing member of the Association of Professional Geoscientists of Ontario, former member of the Society of Economic Geologists and is the founding President of the Irish Association for Economic Geology. In addition, Dr. Patterson has written numerous publications on mineral exploration aspects and on development of mining environmental frameworks.


Walter Henry, BA, CFA

Walter Henry, a Chartered Financial Analyst, is currently Vice-President, Finance and Chief Financial Officer of Royal Nickel Corp., as well as Chief Financial Officer of Juno Special Situations Corp. Mr. Henry has previously held the positions of CFO of Alturas Minerals Corp. and Tiberon Minerals Ltd., Manager at CIBC World Markets and Assistant Vice President, Mining and Infrastructure, within the Financial Advisory Services Group of Price Waterhouse Coopers Securities Inc. He is also a Director of Consolidated Westview Resource Corp., a TSX Venture listed company.

Mr. Henry has extensive experience in the areas of International Project Financing, Capital Markets Financing, Commercial Bank Financing, Financial Reporting, Controls and Taxation Matters, Treasury and Financial Risk Management and Public Corporation Investor Relations.

Mr. Henry hold a Bachelor of Arts from Wilfrid Laurier University and is currently an associate member of AIMR/Toronto Society of Financial Analysts as well as an associate of the Institute of Canadian Bankers.

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