Nirek Resources Inc.

October 05, 2007 15:24 ET

Nirek Resources Inc. Re-Opens Kirana Mine

New Initiative along the Kirana Fault, now believed to be an extension of the Lake Shore Mine North Fault

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2007) - Nirek Resources Inc. ('Nirek') (FRANKFURT:3N6) is pleased to announce that it has commissioned the re-opening of Kirana Mine along the Kirana Fault, now believed to be an extension of the Lake Shore Mine North Fault.

The re-opening program is designed to test the continuity of several veins identified by drilling of a previous operator in the 1980s. Most of the work to be completed will begin with the opening of the previous mine shafts and then to initiate new drilling in specific targeted areas that are being identified.

The re-opening of the Kirana Mine is being conducted by Canadian Gems and Minerals Inc. It has a crew of four on hand, including a geologist.

"Mining is a long-term business," says Richard Ross, President of Nirek. "We are proceeding as rapidly as we can to verify previous information so that Nirek can initiate a specific drilling program that is designed to produce quantified results.

The principle objective of Nirek Resources Inc. is to enhance and develop known mineral properties to production potential.

The company is well financed to continue its exploration program into 2008.

About Nirek Resources Inc.

Nirek Resources Inc. ("NIREK") is a Canadian exploration company that is focused on exploring for precious and base metals in US and Canada. Its goal is to become one of Canada's major gold and precious metals producers through a series of joint ventures and mine and property acquisitions. It is the company's ambition to fulfill drilling requirements necessary to estimate a NI 43-101 compliant resource.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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