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Q & A

 Who is Silvermex Resources Inc.?
 Silvermex Resources Inc. is a publicly traded mining company focused in Mexico and led by a highly qualified team of professionals from some of the most notable companies in the silver mining sector. The Company's portfolio of projects ranges from advanced stage exploration to production. Its core asset is the producing La Guitarra silver-gold mine located in the Temascaltepec Mining District of Mexico. Silvermex is currently working to increase production at the mine to full capacity and is conducting extensive exploration to further develop the district. Silvermex is well financed to further develop resources organically from its multiple projects as well as from the acquisition of additional assets that will drive production growth.
 
 What sets Silvermex's Management Team apart from others?
 Comprised mainly of a team of executives previously with Hecla Mining, SLX's management team is highly regarded in the mining industry. Collectively they have over 80 years of experience in the Silver mining sector, having been instrumental in the many exploration and production successes of Hecla Mining in North America and Latin America.
 
 How many projects does Silvermex have?
 The company has five projects in total: the operating La Guitarra Mine, three past producing mines - the Rosario Mine Complex, Peñasco Quemado and La Frazada - and Lobos, an early stage exploration project.
 
 What is your projected production rate for La Guitarra?
 The La Guitarra mine operates at 320 tpd, which on an annualized basis is approximately 800,000 oz Ag Eq.
 
 What is Silvermex's policy on hedging?
 Silvermex has a no-hedging policy.
 
 What are Silvermex's resources & reserves?
 The existing La Guitarra NI 43-101 resource estimate and resulting report were prepared by previous management and external third party sources. Between 2006 and 2009, over 86,000 m of exploration and infill drilling were completed at La Guitarra and over 10,000 channel samples were collected. Silvermex has an extensive review process underway to compile and analyze all past exploration results and available data into a comprehensive new resource model. This will assist the company to gain a better understanding of the existing reserves and resources. An updated resource estimate is expected later this year.

Silvermex's other projects contain NI43-101 resources as follows:

Peñasco Quemado
Category Tonnes
000		 Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag (oz)
000		 Au (oz)
000		 Pb (lb)
000		 Zn (lb)
000
Measured: 123 151.9 - - - 599 - - -
Indicated: 2,442 115.0 - - - 9,032 - - -
Total M& I: 2,565 116.8 - - - 9,631 - - -
Inferred: - - - - - - - - -

San Marcial
Category Tonnes
000		 Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag (oz)
000		 Au (oz)
000		 Pb (lb)
000		 Zn (lb)
000
Measured: - - - - - - - - -
Indicated: 3,756 149.2 - 0.36 0.67 18,021 - 29,932 55,328
Total M& I: 3,756 149.2 - 0.36 0.67 18,021 - 29,932 55,328
Inferred: 3,075 44.21 - 0.29 0.51 4,371 - 19,526 34,691

La Frazada
Category Tonnes
000		 Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag (oz)
000		 Au (oz)
000		 Pb (lb)
000		 Zn (lb)
000
Measured: 303.8 259.75 0.197 0.88 2.357 2,537 1.9 5,866 15,782
Indicated: 278.9 240.46 0.141 0.86 2.521 2,156 1.2 5,297 15,498
Total M& I: 582.7 250.50 0.170 0.69 2.436 4,693 3.2 11,163 31,280
Inferred: 533.7 224.88 0.178 0.923 2.616 3,859 3.1 10,860 30,769

Plomosas/La Cruz/San Juan (Historic Resources)

A 2001 report by Grupo Mexico, states that the Plomosas Mine has existing historic reserves and resources as follows:

San Juan*
Category Tonnes
000		 Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag (oz)
000		 Au (oz)
000		 Pb (lb)
000		 Zn (lb)
000
Measured: 12.3 333.5 0.3 1.4 2.1 132.1 119 362.3 543.5
Indicated: 13.8 345.5 0.4 1.3 2.1 154.2 178 378.9 612.1
Total M& I: 26.2 339.9 0.4 1.4 2.1 286.3 297 741.2 1,155
Inferred: 256.7 327.8 0.2 1.7 3.9 2,715 1.7 8,970 20,034

Plomosas*
Category Tonnes
000		 Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag (oz)
000		 Au (oz)
000		 Pb (lb)
000		 Zn (lb)
000
Measured: 37.6 123.6 1.0 2.6 3.9 149.5 1.2 2,054 3,081
Indicated: 285.6 87.8 1.0 2.4 3.4 806.3 9.1 14,396 20,395
Total M& I: 323.2 92.0 1.0 2.5 3.7 955.8 10.3 16,451 23,477
Inferred: 286.6 161.3 1.2 2.2 3.2 1,486.3 1.1 13,241 19,260
* The reader should be cautioned the historic reserves and resources at Plomosas and San Juan do not conform to National Instrument 43-101 for reporting purposes; as such the Company is not treating these historic estimates as current reserves or resources. The historical reserves do not have demonstrated current economic viability and are being treated as historical resources. These estimates should not be relied upon until they have been verified by further due diligence and by the Company's "Qualified Person".

For more information on all projects visit http://www.silvermexresources.com/s/Projects.asp.
 
 How much working capital does the Company have?
 Approximately $20 million.
 
 What exchanges does Silvermex trade on?
 The Company's shares trade on three different exchanges:

TSX: SLX
OTC Pink Sheets: GGCRF
FSE: GSBN
 
 Who is the Company's transfer agent?
 Computershare Trust Company of Canada

Website: http://www.computershare.com

Address: 510 Burrard St, 2nd Floor
Vancouver, BC
Canada V6C 3B9
Phone: 604-661-9400
Fax: 604-661-9549
 
 Who can I contact with questions about the Company?
 The Manager of Investor Relations is Fiona Grant. She can be contacted at +1-604-682-4004 ext 228, toll free at 1-855-682-4004 or via email at fiona@silvermexresources.com.
 
 
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