Tirex Resources Ltd.

Tirex Resources Ltd.

October 29, 2007 17:01 ET

Tirex Resources Ramps Up Field Exploration at Mirdita

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2007) - Tirex Resources ("Tirex") (TSX VENTURE:TXX) is pleased to provide a summary of its exploration work to date and plans for future work on the Mirdita Project in Albania.

The large 344 square kilometer property covers the core of the historically productive Mirdita Volcanogenic Massive Sulphide ("VMS") base metal district of Albania in southern Europe. It is readily accessible by paved and gravel roads and is located 70 km north of the capital city of Tirana. The project represents an opportunity to explore not only copper, zinc, gold and silver zones that were previously partially mined or evaluated at lower metal prices but also provides an opportunity to apply modern exploration techniques not available to past explorers toward the discovery of new VMS deposits and extensions of known zones. The magnitude of historic mining in the district, the known mineralization and the results of data compiled to date support a strong mineral potential for the Mirdita Project.


In early 2007, Tirex began exploration of the property with reconnaissance examination of many of the historically known mineralized zones and flying the first airborne geophysical survey in the history of Albania over the property. The 2,520 km survey produced high quality data and outlined VMS exploration targets by identifying electromagnetic anomalies associated with most of the known VMS deposits, extending these anomalies into covered areas and discovering new anomalies. Details of the results of this work and other technical information can be found in the NI43-101 technical report posted on the Tirex website at www.TirexResources.com.

The success of this first phase of work led Tirex to complete its initial public offering on the TSX Venture Exchange where it began trading with the symbol TXX on October 19, 2007. In the meantime, Tirex personnel began compiling historic data on a computer database, surveying sites of previous mining and drilling, and establishing a field headquarters with modern communications and computer facilities in preparation for an aggressive and intense exploration campaign.

With completion of the initial public offering, crews are now in the field. The field crews are managed by a veteran team of five Canadian geologists and a number of senior Albanian geologists / geophysicists / surveyors. The Albanian personnel have long experience in the district and after many years of little or no funding are delighted to work in concert with Tirex on a well funded exploration program designed to explore and prove up the potential of the district.

Field exploration on the 344 square kilometer property is now ramping up with geological mapping, prospecting, surveying and evaluation of recently identified geophysical anomalies in preparation for drilling. Computer data compilation of historic information is continuing and satellite imagery to aid in detailed mapping and interpretation has been ordered for the project area.


Plans for future work are balanced between near term investigation of known zones of mineralization and longer term exploration for new zones. On the near term targets, work will focus on some of the 17 VMS deposits known from past work of which nine are reported to have historically been mined for copper and gold. The first target being prepared for drilling by Tirex is the Koshaj deposit where historic drilling found a zone of zinc-rich mineralization that was never mined because processing facilities were not designed to handle zinc. Results of this historic drilling are not reported here because they are not compliant with NI43-101 standards.

In the longer term vision, Tirex is preparing an extensive program of mapping, sampling and ground geophysics followed by drilling to investigate new electromagnetic anomalies identified by the airborne geophysical survey earlier this year and other targets identified in recent prospecting and data compilation work.

George Gorzynski, P.Eng., a Qualified Persons under the meaning of Canadian National Instrument 43-101 and a director of Tirex, is responsible for the technical content of this news release.

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


Bryan J.R. Slusarchuk, CEO and Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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