Prominex Commences Exploration Program at Lake Bond Cu/Zn Project in Central Newfoundland

Prominex Resource Corp. (TSX VENTURE:PXR) has received exploration application
approval from the Department of Mines in St. John's, NL for the Lake Bond
property located in central Newfoundland. The planned exploration program will
commence on July 10, 2012. 


The Company is earning a 100% interest in the Lake Bond property. In order to
acquire the Option, the Company must expend $50,000 on exploration and
development prior to September 30th, 2012. The property is subject to a net
smelter return royalty of 2%, of which the Company can purchase 1% for
$1,000,000.


The Lake Bond property is easily accessed by road from the town of Grand
Falls-Windsor, the major commerce center in central Newfoundland. The property
has been explored during several periods since 1953 through to 1997. This
activity has defined three areas of concentrated mineral occurrences; the Main
Zone; Zone 2 and Zone 3. Previous operators focused their efforts in the area of
the 1.4 kilometer long, north-south trending Main Zone and reported a pre-NI
Policy 43-101 non-economic resource of 1.1 million tonnes grading 0.31 % copper
and 2.12 % zinc. The Company is not relying on the historic resource figures of
earlier operators nor should the reader. 


The program will involve sampling and evaluation of known zones of
mineralization, in addition to prospecting and soil sampling of selected areas
within the property. Results and recommendations for further exploration will be
released upon completion of the 90 day program. 


ON BEHALF OF THE BOARD OF DIRECTORS:

Gordon Barron, President and CEO

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