Canamex Resources Corp. Confirms Bruner Potential

VANCOUVER, Feb. 22, 2011 - Canamex Resources Corp. (TSX VENTURE: CSQ) (FRANKFURT: CX6) is pleased to announce that it has completed Phase 1 reverse circulation drilling at its Bruner project located in central Nevada, 68 km northwest of the Round Mountain Mine. A total of 11 holes totaling 5,000 feet or 1,525 m were drilled and all geochemical results have been received. Results of initial metallurgy are also in hand.

Out of the 11 holes drilled, 8 have +100 feet (30.5 m) true thicknesses of +0.01 oz/ton (0.34 g/t) Gold Equivalent (abbreviated as "+0.01 GE"), and 5 have +200 feet (61 m) +0.01 GE. Drill hole B1006 has the thickest interval, containing a true thickness of 320 feet (97.5 m) averaging 0.015 oz/ton (0.51 g/t) GE. A few higher grade veins were intersected within the thick low grade zones including 5 feet (1.5 m) averaging 0.289 oz/ton (9.89 g/t) gold and 4.58 oz/ton (157.0 g/t) silver and 5 feet at 0.220 oz/ton (7.53 g/t) gold and 0.81 oz/ton (27.6 g/t) silver. Summary results are shown in the table attached.

Canamex commissioned ALS Chemex Laboratory of Sparks, Nevada to conduct a set of initial metallurgy "bottle roll" tests from selected mineralized intervals of the recently completed drilling program. A total of seven composites at various grades were subjected to a grinding and 24 hour cyanide leach to determine recovery of contained gold (only) by cyanide-leach methods. Results of this testing indicate average gold recoveries in excess of 90%. These favorable results suggest that gold at Bruner may be recoverable by standard heap leaching methods.

A systematic QA/QC program including check and repeat assays for each drill hole, secure transport and analysis by an ISO 9001:2000 certified lab has insured the reliability of the results. Analysis was performed by ALS Chemex in their Nevada facilities.

Initial interpretation of the drilling results indicates the gold/silver mineralization occurs as a moderately southwest dipping tabular body beginning at or near the surface. The Company drilled -45 degree angle holes to the east-northeast and intersected the body perpendicular to its dip. The location of the bulk low grade body appears partially controlled by the location of a welded tuff unit that is the primary host. This unit may be receptive to the brittle fractures that appear to host most of the mineralization. Complete oxidation of sulfides occurs to at least 800 feet (244 m) beneath the surface.

The Bruner project is associated with a paleo-hot springs system in a caldera associated volcanic setting very similar to the Round Mountain mine. Round Mountain is an open pit, heap-leach mine that has produced over 10 million ounces of gold over a 30 year period, with the average grade currently being mined of 0.018 oz/ton (0.62 g/t) gold. Cut-off grades for Round Mountain and several other oxide ore heap leach operations in Nevada range from 0.003 to 0.005 oz/ton (0.10-0.17 g/t) gold.

Canamex is encouraged by the results of Phase 1 drilling, and will continue to attempt expansion of the mineralized zone which is currently open to the north and east.

Canamex has an option agreement with Provex Resources Inc., a Nevada corporation, to earn a 75% interest in the Bruner property. The property covers virtually all of the significant mines of the district, and consists of 98 unpatented and 21 patented mining claims covering a total of approximately 963 hectares (2,380 acres). Historic work by Morrison-Knudsen, Miramar, Glamis, Newmont, Kennecott and others have identified the resource Canamex is currently drilling, along with several other poorly tested gold/silver anomalies. Canamex will first determine the size and grade of the July-Duluth resource using National Instrument 43-101 guidelines, and then test the other identified anomalies. A map of completed drill holes is shown on the Canamex website (see attached Phase I Summary Drill Results).

Richard Kern (P. Geol.) is the Company's qualified person on this project. Mr. Kern prepared the technical information contained in this news release.

For more information on Canamex and the Bruner project please visit the Company's website at www.canamex.us.


ON BEHALF OF THE BOARD

Herb Duerr
Director



Phase 1 Summary Drill Results Bruner Project (≥ 5 feet @ ≥ 0.01 oz/ton gold equivalent) 02/11

True 	  	  	Gold
Hole 	From 	To 	Interval 	True 	Gold 	Silver 	Width 	Gold 	Silver 	Equiv.
No.  	(feet) 	(feet) 	(feet) 	Width 	(oz/ton) 	(oz/ton) 	(m) 	(g/t) 	(g/t) 	(oz/ton)
B1001 	180 	185 	5 	5.0 	0.011 	0.07 	1.5 	0.37 	2.30 	0.012
B1002 	15 	75 	60 	60.0 	0.010 	0.12 	18.3 	0.33 	3.94 	0.012
  	95 	100 	5 	5.0 	0.009 	0.07 	1.5 	0.32 	2.40 	0.011
B1003 	10 	15 	5 	5.0 	0.019 	0.03 	1.5 	0.66 	1.10 	0.020
  	150 	160 	10 	10.0 	0.014 	0.07 	3.0 	0.49 	2.30 	0.015
  	180 	200 	20 	20.0 	0.013 	0.10 	6.1 	0.44 	3.38 	0.015
B1004 	155 	165 	10 	10.00 	0.010 	0.16 	3.0 	0.35 	5.40 	0.013
  	200 	225 	25 	25.0 	0.008 	0.29 	7.6 	0.26 	9.80 	0.012
  	270 	345 	75 	75.0 	0.004 	0.36 	22.9 	0.14 	12.47 	0.010
  	385 	390 	5 	5.0 	0.009 	0.08 	1.5 	0.33 	2.70 	0.011
B1005 	0 	10 	10 	10.0 	0.076 	0.05 	3.0 	2.61 	1.80 	0.077
  	150 	155 	5 	5.0 	0.014 	0.06 	1.5 	0.49 	2.00 	0.015
  	325 	455 	130 	130.0 	0.017 	0.20 	39.6 	0.59 	6.72 	0.020
Including 	350 	355 	5 	5.0 	0.220 	0.81 	1.5 	7.53 	27.60 	0.237
  	495 	525 	30 	30.0 	0.004 	0.47 	9.1 	0.12 	16.13 	0.011
  	565 	570 	5 	5.0 	0.005 	0.41 	1.5 	0.17 	14.08 	0.011
  	565 	595 	30 	30.0 	0.005 	0.41 	9.1 	0.17 	14.08 	0.011
B1006 	115 	120 	5 	5.0 	0.013 	0.05 	1.5 	0.43 	1.60 	0.013
  	140 	265 	125 	125.0 	0.010 	0.20 	38.1 	0.33 	6.69 	0.013
  	290 	455 	165 	165.0 	0.008 	0.47 	50.3 	0.29 	16.26 	0.016
  	560 	585 	25 	25.0 	0.009 	0.41 	7.6 	0.30 	14.10 	0.016
B1007 	0 	50 	50 	50.0 	0.079 	1.63 	15.2 	2.70 	55.87 	0.106
Including 	20 	25 	5 	5.0 	0.289 	4.58 	1.5 	9.89 	157.00 	0.365
  	125 	165 	40 	40.0 	0.016 	0.18 	12.2 	0.54 	6.18 	0.019
  	190 	225 	35 	35.0 	0.028 	0.41 	10.7 	0.96 	13.97 	0.035
  	325 	335 	10 	10.0 	0.007 	0.32 	3.0 	0.25 	10.90 	0.013
B1008 	60 	165 	105 	105.0 	0.035 	0.52 	32.0 	1.21 	17.87 	0.044
  	185 	190 	5 	5.0 	0.022 	0.20 	1.5 	0.76 	6.70 	0.025
B1009 	5 	10 	5 	5.0 	0.029 	0.03 	1.5 	1.00 	0.90 	0.030
  	35 	40 	5 	5.0 	0.010 	0.09 	1.5 	0.35 	3.10 	0.012
  	80 	85 	5 	5.0 	0.013 	0.03 	1.5 	0.44 	1.10 	0.013
  	155 	205 	50 	50.0 	0.025 	0.26 	15.2 	0.85 	8.90 	0.029
Including 	185 	190 	5 	5.0 	0.158 	0.25 	1.5 	5.41 	8.40 	0.130
  	235 	250 	15 	15.0 	0.011 	0.07 	4.6 	0.38 	2.30 	0.012
  	285 	300 	15 	15.0 	0.012 	1.06 	4.6 	0.41 	36.30 	0.029
  	445 	455 	10 	10.0 	0.025 	0.29 	3.0 	0.87 	9.85 	0.030
  	480 	500 	20 	20.0 	0.009 	0.08 	6.1 	0.30 	2.70 	0.010
  	530 	610 	80 	80.0 	0.016 	0.07 	24.4 	0.55 	2.51 	0.017
B1010 	5 	55 	50 	50.0 	0.011 	0.04 	15.2 	0.39 	1.25 	0.012
  	160 	165 	5 	5.0 	0.013 	0.01 	1.5 	0.45 	0.50 	0.013
  	265 	405 	140 	140.0 	0.005 	0.83 	42.7 	0.16 	28.33 	0.018
  	540 	550 	10 	10.0 	0.018 	0.09 	3.0 	0.61 	3.00 	0.019
B1011 	15 	210 	195 	195.0 	0.016 	0.42 	59.4 	0.54 	14.40 	0.023
Including 	155 	160 	5 	5.0 	0.149 	2.48 	1.5 	5.09 	84.90 	0.198
  	345 	355 	10 	10.0 	0.011 	0.08 	3.0 	0.37 	2.65 	0.012
  	390 	395 	5 	5.0 	0.006 	0.26 	1.5 	0.19 	8.80 	0.010

*Gold/Silver ratio used for Gold Equivalent values is 60/1
Metallurgical recoveries and net smelter returns are assumed to be 100%.


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.



For more information, please contact

Canamex Resources Corp.
Rick Barnett, Chief Financial Officer
(604) 718-2800
(604) 718-2808 (FAX)
www.canamex.us