Tirex Resources ("Tirex") (TSX VENTURE:TXX) is pleased to announce, after the
recent equity financing, the company has remobilized to Letitna to conduct
further step out drilling to target large tonnage potential in the area. Latest
drill assays are reported below. Along with restarting at Letitna, Tirex has
also commenced work on the East Slope Trend, a new and previously undrilled 5km
trend first identified by the Tirex airborne geophysical survey and further
defined by geophysical, geochemical and geological ground work.


East Slope Trend

The East Slope Trend is a 5km new and previously undrilled Volcanogenic Massive
Sulphide ("VMS") trend, identified through a large scale modern airborne
geophysical survey carried out by Tirex and is being further defined by ground
work begun in 2008 (see Tirex news release dated August 20, 2008). Ground work
includes induced polarization geophysics, rock and stream silt geochemistry and
geological mapping utilizing modern VMS concepts to prioritize drill targets.
This work is currently continuing and will lead to an aggressive drill program
starting in the next 45 days geared towards new discoveries on multiple drill
targets on the trend.


Letitna

Drilling is restarting at Letitna. The Letitna Zone is open for expansion in
every direction and drilling to date has shown it to be a very wide zone with
robust copper, zinc, gold and silver mineralization. In addition to large
tonnage potential, results indicate the mineralizing system at Letitna had the
ability to generate high grades of copper, zinc, gold, and silver. Drill results
to date include intercepts such as 11.1m of 2.18% Cu, 3.80% Zn, 38.0 g/t Ag, and
4.0 g/t Au including 8.1m of 2.59% Cu, 4.70% Zn, 39.7 g/t Ag and 5.1 g/t Au
(drill hole MR09-40) and 8.0m of 1.85% Cu, 1.39% Zn, and 1.6 g/t Au (drill hole
MR 09-38) (see Tirex news releases dated July 7 and July 13, 2009 for details).
The Letitna area has widespread hydrothermal alteration, presence of multiple
felsic volcanic domes including coarse pyroclastic units (commonly associated
with VMS mineralization) and strong geophysical anomalies.


Results from the latest drill hole at Letitna (MR09-41) returned the following
assays:




----------------------------------------------------------------------
LETITNA ZONE
----------------------------------------------------------------------
FROM             TO        ESTIMATED   COPPER    ZINC   SILVER    GOLD
(m)              (m)   TRUE WIDTH (m)      (%)     (%)    (g/t)   (g/t)
----------------------------------------------------------------------

----------------------------------------------------------------------
DRILL HOLE MR09-41
----------------------------------------------------------------------
129.98       180.80             50.8     0.49    2.22     14.9     0.9
----------------------------------------------------------------------
Including
151.72       156.55              4.8     2.27    0.84      9.1     0.6
Including
155.87       156.55              0.7     9.78    2.09     17.3     0.5
----------------------------------------------------------------------
Including
159.80       161.73              1.9     0.53   22.48     61.2     9.2
Including
159.80       160.77              1.0     0.94   37.84     99.0    17.0
----------------------------------------------------------------------
Including
171.30       174.30              3.0     0.29    2.84     28.2     1.5
----------------------------------------------------------------------



This hole was drilled 50m west of drill hole MR09-40 and demonstrates the
continuity of strong mineralization to the west. Assays from additional holes
will be announced as they are received and interpreted.


Tirex is a company purpose-built to explore and develop the large 553 square
kilometer Mirdita District in Albania. The nature of the VMS mineralization in
this District provides Tirex investors with exposure to a high grade basket of
metals: Copper, Zinc, Gold, and Silver. The property is readily accessible by
paved and gravel roads and is located 70 km north of the capital city of Tirana.
The property covers the core of the historically productive Mirdita VMS base
metal district. It represents an opportunity to explore Copper, Zinc, Gold and
Silver zones that were previously partially mined, explored or evaluated at
lower metal prices, and provides an opportunity to apply modern exploration
techniques toward the discovery of new VMS deposits and extensions of known
zones. In addition to the 17 historical deposits identified by previous
state-run exploration, Tirex has identified numerous high priority exploration
targets resulting from the 2007 airborne geophysical survey, ongoing ground
geophysics, geological mapping and other field work. The Mirdita exploration
project is managed by an experienced team of Canadian geologists and other
professionals, and several senior Albanian geologists, geophysicists and
surveyors.


John Nicholson, P.Geo., a Qualified Person under the meaning of Canadian
National Instrument 43-101 and Mirdita Project Manager, is responsible for the
technical content of this news release. Drill core was NTW size (5.60cm
diameter). Half core samples were collected with a rock saw, tagged for
identification and securely stored at the Tirex base camp until shipment. A
total of 5% assay standards and 5% blanks were inserted into the sample shipment
as a quality control measure in addition to the internal quality control
measures applied by the laboratory. All samples were shipped directly to ALS
Chemex Laboratories in North Vancouver, Canada where they were dried, weighed,
crushed and pulverized. Splits of each pulp were then analysed for 51 elements
by ICP Spectrometry and assayed for copper, lead, zinc, silver and gold by
standard assay methods.


Further details on the company and the Mirdita Project can be found on the Tirex
website at www.TirexResources.com.


ON BEHALF OF THE COMPANY

Bryan Slusarchuk, CEO and Director

Forward-Looking Statements. This Tirex News Release may contain certain
"forward-looking" statements and information relating to Tirex which are based
on the beliefs of Tirex management, as well as assumptions made by and
information currently available to Tirex management. Such statements reflect the
current risks, uncertainties and assumptions related to certain factors
including, without limitations, exploration and development risks, expenditure
and financing requirements, title matters, operating hazards, metal prices,
political and economic factors, competitive factors, general economic
conditions, relationships with vendors and strategic partners, governmental
regulation and supervision, seasonality, technological change, industry
practices, and one-time events. Should any one or more of these risks or
uncertainties materialize or change, or should any underlying assumptions prove
incorrect, actual results and forward-looking statements may vary materially
from those described herein.
Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Vortex Metals Charts.
Vortex Metals (TSXV:VMS)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Vortex Metals Charts.