Editors Note: There are two maps associated with this press release.

Dale Ginn, Chief Executive Officer of SGX Resources Inc. (TSX VENTURE:SXR), is
pleased to announce that a new high grade gold zone has been discovered near
surface immediately to the south (hanging wall) of the eastern known limits of
the Edleston deposit. Drill hole #12-86 intersected 68.5 g/T over 6.3 metres at
less than 100 metres below surface. This hole was drilled as a follow-up to and
below holes #129 and #130, each producing substantial intersections within the
Edleston deposit. Specifically, drill hole #129 intersected a high grade portion
of the deposit, cutting 57.4 g/T over 3.3 metres as well as a thicker
intersection in the main body of the deposit (see press release dated Sept. 19,
2012). Drill hole #130 extended the Edleston deposit to the east and to depth by
drilling 2.08 g/T over 34.8 metres at 275 metres below surface. 


The new discovery encountered by drill hole #12-86 is hosted by an altered,
silicified intermediate volcanic unit located approximately 100 metres south of
the primarily altered mafic host unit of the Edleston deposit. This silicified
horizon contains fine quartz-carbonate veining and breccia fill as well as
abundant pyrite up to 30%. Very finely disseminated visible gold was noted near
the top and bottom of the intersection. Metallic assays and duplicates confirmed
the high grade values. SGX has provided below all of the individual assay
results that make up the high grade intersection within hole #86. A plan view
has been attached showing the location of this new discovery and its excellent
correlation to an IP geophysical target. An updated longitudinal section has
also been attached in order to show the location of the Edleston deposit
intersections and its continued expansion. Results from drill hole #12-86 are
summarized below, as well as six new drill holes from the main Edleston deposit:


High Grade Discovery:



Hole #            From (m)    To (m)   Length (m)  Gold g/tonne    Zone/Lens
                                                                            
SL-12-86             110.0     116.3          6.3          68.5          New
                                                                            
Consisting of:       110.0     111.0          1.0          0.42             
                     111.0     112.0          1.0         16.37             
                     112.0     113.0          1.0          7.98             
                     113.0     113.5          0.5          0.08             
                     113.5     114.2          0.7         10.82             
                     114.2     114.8          0.6          0.46             
                     114.8     115.4          0.6         14.30             
                     115.4     116.3          0.9        433.97             
                                                                            
Edleston Deposit:                                                           
                                                                            
Hole #          From (m)    To (m)   Length (m)   Gold g/tonne     Zone/Lens
                                                                            
SL-12-130          337.0     371.8         34.8           2.08         EL #1
                                                                            
SL-12-127          146.0     171.0         25.0           0.42         EL #1
                                                                            
SL-12-54           163.1     176.6         13.5           1.26         EL #1
                                                                            
SL-12-53           272.6     312.8         40.2           1.25         EL #1
                                                                            
SL-12-51            85.6      91.6          6.0           2.40         EL #1
                                                                            
SL-11-42            82.3     103.2         20.9           0.71         EL #1



Drilling continues in order to extend this zone along strike and to depths of up
to 500 metres below surface as well as to test additional potential along the
prospective horizons and fold axis structural features that are emerging. The
intersections above are near true widths as drilling has taken place from
surface hangingwall positions, intersecting the zone nearly perpendicular to its
strike and dip. Appropriate cutting values have not yet been established as this
is the first complete hole in this discovery hole #86, the visible gold has been
confirmed by the values presented, and metallic assays have confirmed the
initial assays. SGX has provided all of the individual assays that make up the
intersection.


The Sothman land package containing the Edleston deposit is located
approximately 60 km by road to the south of Timmins, Ontario, between the
Young-Davidson mine to the east and the Cote Lake deposit to the west. SGX
conducts additional exploration at the Tully deposit and property, located
approximately 25 km to the north of Timmins, as well, the company holds a
position in the Davidson-Tisdale deposit and other strategic lands to the west
and south of Timmins, near current and past production.


Sections, plans and diagrams related to this press release are available at the
company's website, www.sgxresources.com, specifically a longitudinal section
showing the location of the intersections received and released to date.


This program was carried out under the supervision of Peter Caldbick, P.Geo., of
SGX Resources Inc., the qualified person responsible for this news release. The
drill core was split, with half sent to the SPJ Laboratories of Sudbury, ON and
fire assayed with an AA and gravimetric finish. Whole metallic assays were
performed on samples containing visible gold. Check assays were also performed
on pulps and rejects, as well, blanks and standards were inserted into the
sample stream.


A copy of this press release will be made available on the company's website and
will be filed with Sedar.


CAUTIONARY STATEMENT: The information in this release may contain
forward-looking information under applicable securities laws. This
forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause actual results to differ materially from those
implied in the forward-looking information. 


To view the first map associated with this press release, please visit the
following link: http://www.marketwire.com/library/20121120-SGXMap1.jpg.


To view the second map associated with this press release, please visit the
following link: http://www.marketwire.com/library/20121120-Map2sgx.jpg.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SGX Resources Inc.
Dale Ginn
CEO
(204) 794-5818
www.sgxresources.com
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