Tirex Resources Ltd.

Tirex Resources Ltd.

September 10, 2008 07:00 ET

Tirex Commences Drilling of New and Previously Unexplored Old Man Mountain Anomaly at Mirdita

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2008) - Tirex Resources Ltd. ("Tirex") (TSX VENTURE:TXX) is pleased to announce that drilling has commenced on the Old Man Mountain Anomaly which is a high priority coincident geophysical and geological drill target. The Old Man Mountain Anomaly has never been drilled during any previous exploration programs and is a target that Tirex identified using modern exploration methods and interpretation.

The Old Man Mountain Anomaly is a coincident AeroTEM, UTEM and Induced Polarization anomaly that has similar geophysical features and occurs in the same geological setting as the nearby Koshaj Deposit where earlier this year Tirex drilling intersected wide zones of high grade mineralization (See Tirex news releases dated March 3, 2008 and May 1, 2008).

Tirex has three drills now turning at Mirdita. The current areas of drilling are: Gurthi Central, where Tirex is testing the downdip extension of the Gurthi Central Deposit No. 1 which was a significant historic copper-gold producer; Gurthi South which is a large area with historically reported mineralization, and at the previously undrilled Old Man Mountain Anomaly.

Bryan Slusarchuk, CEO, states, "The Old Man Mountain Anomaly has our exploration team at Mirdita excited. It is a target that was never subject to any previous drilling because it was hidden under cover rock and was only identified as a prospective Noranda-type VMS target after Tirex began the first ever large scale modern exploration of this District. Generating these types of highly prospective targets is indicative of the progress we are making at Mirdita by utilizing modern exploration techniques and interpretations. We look forward to keeping investors posted as the testing of this highly prospective anomaly progresses."

The Old Man Mountain area of the property is host to a felsic-dominated volcanic sequence that draws a compelling direct geological comparison to the Gurthi-Koshaj-Mushte corridor that hosts numerous volcanogenic massive sulphide ("VMS") deposits in the District. After the anomaly was initially identified by the airborne geophysical survey, Tirex completed UTEM and Induced Polarization ground geophysics followed by detailed geological mapping of the area to define the initial drill targets. The initial drill holes planned at Old Man Mountain are relatively shallow holes through a melange cover rock unit. The drilling is being conducted with a highly portable and environmentally friendly Canadian drill.

Tirex is a company purpose-built to explore and develop the large 344 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 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.

George Gorzynski, P.Eng., director and Qualified Person under the meaning of Canadian National Instrument 43-101, 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 Slusarchuk, CEO and Director

Forward-Looking Statements. This Tirex News Release may contain certain "forward-looking" statements and information relating to Tirex that 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 TSV Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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