Nirek Resources Inc.

September 19, 2007 15:55 ET

Nirek Resources Inc. Acquires Kirana Mine

TORONTO, ONTARIO--(Marketwire - Sept. 19, 2007) - Nirek Resources Inc. ('Nirek') (FRANKFURT:3N6) is pleased to report that it has acquired fifty percent (50%) stake in the Kirana Mine, north-east corner of Teck Township and the north west corner of Lebel Township in the District of Timiskaming, in the Larder Lake Mining Division. Nirek's acquisition represents fifty percent (50%) of the eight (8) contiguous claim units. The main gold showing is along the Kirana Fault, now believed to be an extension of the Lake Shore Mine North Fault. This property also boosts a strong indication of molybdenum.

According to Richard Ross, President of Nirek, "This is a significant acquisition where Nirek will create a work plan immediately to start a detailed Phase 1 plan for this existing mine. The exploration manager will focus on the high grade samples areas already identified with past mining and assays."

The greater part of the claim group is underlain by intermediate and basic volcanics intruded by dikes and small irregular bodies of quartz porphyry. Burrows and Hopkins described the deposit as occurring on contact, which dips 60-70N between quartz porphyry and altered basalt. The porphyry forms the hanging wall of the deposit. The basalt near the contact is greatly altered to a greyish rock high in silica, calcite, and other carbonates; it is in this zone that streaks or bands of blackish material form the higher-grade portion of the deposit. These streaks contain films of molybdenite, to which the dark colour is due, and abundant iron pyrite, quartz, and calcite, with occasional specks of visible gold.

The high-grade streaks or bands are reported to carry from 1oz to 4oz/t in gold, and a probable value of 1 oz/t Au is given for a width of 7 feet to 10 feet, for some of the ore (Burrows and Hopkins 1916).

In another report Mining Engineer Frank C. Loring reported: The #1 shaft - 360 ft. deep, is sunk on the footwall of a vein of average width of about 10 ft. a streak on the footwall, averaging about a foot thick, is exceedingly rich and contains visible gold for the entire depth of the shaft. Drifts at 100 ft. and 275 ft. depth have developed the vein for a total length of between 500 and 600 ft., and have exposed ore estimated between 40,000 and 50,000 tons of an average value of 1/2 oz/t Au. This vein has been cut by diamond drills at a depth of 700 ft. from the surface, and directly under shaft. At this point the vein is of similar width and quality as occurs in shaft.

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.

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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