EurOmax Appoints Quinton Hennigh as Chief Geologist

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/09/12 -- EurOmax Resources Ltd. (TSX VENTURE: EOX)(PINKSHEETS: EOXFF) ('EurOmax' or 'the Company') is pleased to announce that Dr. Quinton Hennigh has been appointed Chief Geologist of the Company effective immediately. Since November 2010, Dr. Hennigh has been a technical advisor to the Company, during which time he has been instrumental in advising management and the board of directors, participating in technical meetings, and in leading property tours. As the Chief Geologist for EurOmax, Dr. Hennigh will provide focus and direction for the Company's ongoing exploration programs in Bulgaria, Serbia, and Macedonia.

'Quinton is an expert geologist with a history of successful gold exploration programs,' commented Mark Gustafson, President & Chief Executive Officer of EurOmax. 'Quinton is responsible for revitalizing exploration at the Springpole gold project in Ontario for Gold Canyon Resources, contributing to three significant gold discoveries in the western US for Evolving Gold Corp and making a significant gold discovery for Prosperity Goldfields at its Kiyuk project in Nunavut. Dr. Hennigh is the ideal candidate to manage the Company's exploration activities in conjunction with Dimitar Dimitrov, our Senior Vice President Exploration. His technical expertise and proven managerial abilities will be a great asset in developing the Company's three core properties and in identifying new prospects.'

'I am looking forward to dedicating more of my time working with EurOmax's outstanding technical team to explore the three potentially world class projects already in EurOmax and exploring for new opportunities in the Balkans,' states Dr. Hennigh. 'This year will be exciting at the KMC property in Serbia where recently gathered geophysical data indicates the presence of multiple large-scale porphyry and skarn targets. At the Trun granite-hosted gold system in Bulgaria we plan to refocus exploration on the new gold zones discovered in 2011. At Ilovitza, we expect to see a sizeable increase in the resource from our recent drilling and will be evaluating the potential economics of this large Cu-Au porphyry.'

Dr. Hennigh is an economic geologist with more than 20 years of exploration experience. Currently he is the President & Chief Executive Officer of Novo Resources Corp, a junior mineral exploration company. Dr. Hennigh is also a technical advisor and director of Gold Canyon Resources where he helped build a very successful exploration program at Gold Canyon's Springpole deposit in Ontario. He is also a director of NV Gold Corporation, a junior mining corporation.

From 2008 until 2011 he was President and Chief Geologist of Evolving Gold Corp and Chief Geologist of Prosperity Goldfields. Prior to entering the junior mining sector, he was an Exploration Geologist with Newmont Mining Corp., Newcrest Mining, and Homestake Mining, during which time he worked on projects in North America, Europe, Australia, Asia, and South America. Dr. Hennigh holds a Bachelor of Science from the University of Missouri and he earned a M.Sc. and a Ph.D in geology and geochemistry from the Colorado School of Mines in 1993 and 1996, respectively. He is a member of the Society of Economic Geologists, the Mining and Metallurgical Society of America and the Association of Professional Geoscientists of Ontario.

Updated Resource Estimates for Ilovitza and Trun

The Company has taken steps to retain qualified and independent consulting firms to conduct analyses and to update the existing resource estimates on the Ilovitza property in Macedonia and on the Trun property in Bulgaria. Based upon preliminary work completed by one of these firms, management expects a significant downward revision to the resource estimate at Trun. Both updated estimates will include results from recent exploration work and the Trun estimate is expected to utilize resource estimation methodologies that are more conservative than those used in the original estimate. Considerable additional work is required to complete the updated resource estimates for both properties. Management will announce the resource estimates when they are available.

Vancouver Resource Investment Conference- January 22/23

The Company invites shareholders and investors to visit members of management at booth #841 (1055 Canada Place) at the Vancouver Resource Investment Conference in Vancouver, British Columbia on January 22 and 23, 2012.

Quality Control and Quality Assurance

Roger Moss, Ph.D., P.Geo., a member of the EurOmax Technical Advisory Board and a 'qualified person' as defined by NI43-101, approved the technical information contained in this news release.

About EurOmax Resources Ltd.

EurOmax is a Canadian company with three core properties in Bulgaria, Serbia and Macedonia. We are focused on identifying, acquiring and developing mineral resources in Southeastern Europe with the objective of becoming a world-class mining company in the region. Our strength is our local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.

This news release contains forward-looking statements including but not limited to statements regarding exploration plans, geological interpretations by the Company for its properties, expected changes to resource estimates and completion of updated resource estimates. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on information currently available to the Company as well as the Company's current beliefs and assumptions made by the Company, including that the key assumptions and parameters on which the geological interpretations, exploration plans and resource estimate expectations are based are reasonable and that the planned resource estimates will be completed as expected and that the Company will have sufficient resources to carry out its planned activities. Although the Company considers these beliefs and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, unavailability of sufficient funds, labour, equipment, materials or third-party contractors and that data and assumptions underlying the geological interpretations may prove to be inaccurate, incomplete or to have been incorrectly interpreted. Readers are also encouraged to review all Company documents filed with the securities authorities in Canada, including the Management Discussion and Analysis in respect of the Company's recent financial statements under the heading 'Operational and Other Business Risks', which documents describe material factors and assumptions and risks that apply to the forward-looking statements in this release. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:

San Diego Torrey Hills Capital

(858) 456-7300
www.torreyhillscapital.com


EurOmax Resources Ltd.

Mark Gustafson

President & CEO

(604) 454-8677
markg@euromaxresources.com
www.euromaxresources.com