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 Mon Feb 2, 2009
Corex Appoints New Director

 VANCOUVER, BC - Corex Gold Corp. (the "Company") is pleased to announce the appointment of Mr. Bruno Barde to the Company's board of directors. Mr. Barde received his BSc. Geology in 1978 and a Master Degree in Geology in 1981, both from the University of Geneva, Switzerland. Mr. Barde has over twenty five years experience in the mining industry. He has worked in Europe, Africa, North and South America.

Previously, he was Exploration Manager for International Barytex Inc. While working with International Barytex, he participated on the feasibility study of the Shituru Copper deposit in the Democratic Republic of Congo. Mr. Barde served in various senior management capacities with National Gold Corp. and Placer Dome Inc. He was Vice President of Exploration for National Gold Corp., and participated in a scoping study of the Mulatos Project in Mexico, presently being mined by Alamos Gold. His experience at Placer Dome included the position of President, Placer Dome de Venezuela and manager of the surface exploration program at the Musselwhite Mine, northern Ontario. His team was successful and discovered three new gold zones at the Property. Bruno is fluent in English, French and Spanish.

The Company further advises 1,000,000 stock options at a price of $0.11 per common share in accordance with the policies of the TSX-V (the "Options"), have been granted to various Directors, Officers and Consultants of the Company.

The Options have been granted in accordance with the terms of the Company's 10% fixed Stock Option Plan approved on August 8, 2008.

In addition, 1,060,000 previously granted options to directors, officers and consultants at prices ranging from $0.40 to $1.04 have been re-priced to $0.20 per share. All other terms and conditions of these options remain the same. In accordance with the policies of the TSX-V the amended options are subject to shareholder approval and are not exercisable until such approval has been received at the Company's next general meeting.

ON BEHALF OF THE BOARD

"Craig D. Schneider"
President & CEO


For additional information on Corex Gold Corp please contact:
Tel: 604.683.2505
Fax: 604.683-2506
E-mail: info@corexgold.com

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release. The foregoing information may contain forward-looking statements relating to the future performance of Corex Gold Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Corex Gold Corp.'s filings with the appropriate securities commissions.