James R. B. Parres, Chief Executive Officer, of Jiminex Inc. (TSX VENTURE:JIM)
reports that 454 metres of drilling has been completed at the Misehkow River
gold property, Pickle Lake region, Ontario. Two drill holes were completed and a
third drill hole (MIS-12-12) was stopped in progress, in November 2012, due to
freeze-up conditions and unavailability of suitable aircraft locally. A total of
310 drill core samples were split and sent to Accurassay Labs, Thunder Bay,
Ontario for gold assay with the best assay being 935 ppb over 1.3 metres. Mr.
Parres states "We have been drill testing a new highly prospective area 4 km
west of the 2011 new gold zone discovery at Misehkow River. The results from the
third hole, yet to be completed, indicate a geochemically-anomalous gold halo
zone similar to that at the nearby past gold producer, the Dona Lake Mine. I am
quite eager to get back to finish MIS-12-12 and the remainder of the phase two
drilling which will also continue to test the 2011 discovery. This discovery
intersected a 2.4 m wide zone with a weighted average of 18.3 g/t gold including
116 g/t over a 0.3 m width. Our new President Johnson Zhang has been working on
a financing for Jiminex, which will allow our company to move forward on all its
exploration projects in 2013."


At Misehkow River, geological mapping, outcrop stripping and channel sampling
were done between May and November 2012. The planned 2,000 metre phase two
diamond drilling program began towards the end of September continuing until
near the end of November 2012. This drill program was delayed at this time for
freeze-up. Drill hole MIS-12-12 was not completed due to the delay. A total of
78 samples were sent from this hole to the lab. The highest value reported was
169 ppb gold. 


The 92 m drilled in MIS-12-12 has 62 gold geochemical values greater than 10 ppb
with an average value being 37 ppb. At the nearby, past-producing, Dona Lake
gold mine, gold geochemical bedrock background values are 1 ppb, but increase to
10 ppb near the deposit as an alteration halo to the actual mined gold
mineralization in the iron formation. In MIS-12-12 these gold values are in the
completed upper part of the hole above the expected depth of the iron formation
and Jiminex Inc. technical management believes that these
geochemically-anomalous gold values represent a gold alteration halo similar to
that at Dona Lake as well as at many other gold deposits worldwide. This
suggests there could possibly be a more significantly gold mineralized zone in
the deeper iron formation not as yet reached in MIS-12-12. Completion of this
hole will determine if this theory is correct.


Jiminex Inc. was listed as a resource company on the TSX Venture Exchange in
2009 and is focused on gold exploration in Canada. The Company acquired three
high potential properties located in three well-known mining camps. The
100%-owned Misehkow River property is situated in the Pickle Lake gold mining
region of Ontario near to the Pickle Crow Project of PC Gold Inc. and in the
same general region as the Musselwhite Mine currently being mined by Goldcorp
Inc. Misehkow River presents an opportunity to possibly locate more than one
gold deposit within a large target area. The Northern Eagle property is located
in the Hemlo gold mining camp, Ontario close to the 22 million ounce Hemlo
deposit being mined by Barrick Gold Corp. The property is considered one of the
best target areas in which to locate another Hemlo-style gold deposit and
Jiminex has earned a 50% interest from Beaufield Resources Inc. The 100% owned
Parres and Parres Two properties are located in the Snow Lake copper-zinc and
gold mining camp of Manitoba where the major Lalor Lake copper-zinc and gold
deposit discovery of HudBay Minerals Inc. is actively being explored and
developed. 


Allan J. Willy, P. Eng., VP Exploration & Director of Jiminex Inc. is the
qualified person responsible for the geotechnical content of the Company's
public information.


If you would like to be added to Jiminex's news distribution list, please send
your name (optional) and email address to info@jiminex.com.


FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements that are subject to
known and unknown risks and uncertainties that could cause actual results to
vary materially from targeted results. Such risks and uncertainties include
those described in the Company's periodic reports including the annual report or
in the filings made by the Company from time to time with securities
regulations. The Company undertakes no obligation to publicly release the result
of any revision of these forward-looking statements to reflect events or
circumstances after the date they are made or to reflect the occurrence of
unanticipated event.


Shares outstanding: 47,152,912

FOR FURTHER INFORMATION PLEASE CONTACT: 
Jiminex Inc.
Jim Parres
CEO
(807) 977-1679
(807) 977-1769 (FAX)
info@jiminex.com
www.jiminex.com

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