Tirex Resources Ltd.
TSX VENTURE : TXX

Tirex Resources Ltd.

October 14, 2009 08:30 ET

Tirex Step Out Drill Hole Intersects 30.25m (99.25 ft) of 1.04% Copper, 1.16% Zinc and 1.1 g/t Gold

- continuity of Letitna mineralized zone grows

- drilling completed over 255m (837 ft) of strike length at Letitna, further assay results pending and further step out drilling in progress

- thick zone is wide open for expansion in every direction

VANCOUVER, BRITISH COLUMBIA--(Marketwire – Oct. 14, 2009) - Tirex Resources Ltd. (TSX VENTURE:TXX) ("Tirex") is pleased to announce further assays from the 2009 drill program in the Letitna Zone at the Mirdita VMS Project in Albania. Summary of assay results from drillhole MR09-42 are as follows:

LETITNA ZONE
FROMTOINTERSECTIONCOPPERZINCSILVER GOLD
(m)(m)(m)(%)(%)(g/t)(g/t)
       
DRILL HOLE MR09-42
Upper Intersection     
132.00135.003.001.160.464.30.9
Lower Intersection     
151.75182.0030.251.041.168.21.1
Including      
154.60157.002.401.631.3313.91.1
Including      
162.00166.004.003.870.309.50.7
Including      
162.00163.301.305.400.306.70.4

Drill hole MR09-42, interpreted as close to true width, was the sixth hole completed in the Letitna Zone on the Mirdita VMS Project and was drilled 25m east of hole MR09-40 which also intersected a wide zone of significant mineralization (see Tirex News Release dated July 13, 2009). Other wide drill sections of mineralization at Letitna were also recently reported (see Tirex News Releases dated January 13, July 7 and August 31, 2009).

Additional drill holes have intersected mineralization during drilling at Letitna and results will be reported when assays are received and interpreted. To date, drilling has been completed over a strike length of 255m (837 ft) and assays from several holes are pending. The zone remains completely open for expansion in every direction. Step out drilling at Letitna continues.

George Gorzynski, P.Eng. and Director, states, "This intersection continues the expansion of the Letitna Deposit.This is a thick zone of mineralization, open in every direction and is demonstrating increased size potential with every drill hole. In addition to continued drilling at Letitna targeting large tonnage, Tirex is working on the previously undrilled East Slope Trend where the company is targeting new discovery potential."

Tirex is a company purpose-built to explore and develop the large 553 square kilometer Mirdita Property 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 BOARD

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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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