OreStocks

Patagonia Gold Corp press release

Goldex Resources Commences Drill Program at El Pato Project in Guatemala

TSXV - TSX Venture Exchange · Gold · Silver · Arsenic · Antimony · Canada

VANCOUVER, Nov. 15 /CNW/ - Goldex Resources Corporation (TSX-V: GDX, Frankfurt: GT6) is pleased to announce that the Company has commenced drilling at the El Pato project in Guatemala. The drill program is a minimum 20 hole program targeting four new high grade surface areas believed to be bulk tonnage gold stock work mineralization and structurally controlled high-grade vein mineralization. Goldex will also re-drill the zone of gold mineralization previously identified by the United Nations work during 1989 through 1991 bringing the inferred resource calculation to 43-101 standards. All of the drilling will be based on the work recently completed and work announced in previous news releases.

A video of the drill program can be viewed at the Goldex Resources Corporation official website:

www.goldex.ca

Goldex has the expertise of Larry Kornze, P. Geo, Ex - Barrick General Manager of Exploration in Central America, Clancy Wendt, P. Geo, and Richard Bybee, P. Geo., guiding the drill program. Goldex has hired SOCOCO de Costa Rica S.A. to conduct the drill program.

Goldex Resources Corporation Submitted on behalf of the board of directors

"Charles Ross" CFO,

Goldex's web site can be accessed at http://www.goldex.ca/

The TSX Venture Exchange has neither approved nor disapproved the contents hereof and does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00003173E

Earlier from Patagonia Gold Corp