PXR

Prominex Resource Corp. (Prominex) (TSX VENTURE:PXR) is pleased to announce that
Buchans Minerals Corporation (Buchans) (TSX VENTURE:BMC) has provided Prominex
with formal notice of their election to participate in the 2011 exploration
program on a pro-rata basis to maintain its interest at 49%. The semi-annual
report of activities to Buchans dated December 31, 2011, reflected a total
expenditures of $329,979.49. Prominex holds an undivided 51% interest in the
Tulks Hill joint venture and is the operator.


ON BEHALF OF THE BOARD

Gordon Barron, President and CEO

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