October 27, 2006 12:09 ET

Tyler Finalizes 100% Ownership and Control of Bahuerachi Property and Bahuerachi Deposit

CALGARY, ALBERTA--(CCNMatthews - Oct. 27, 2006) - Tyler Resources Inc. (TSX VENTURE:TYS) ("Tyler") is pleased to announce the finalization of all earn-in obligations on the Bahuerachi property, including the execution of all required final contracts to recognize Tyler's 100% interest in the Bahuerachi 1 and 2 claims and retirement of the underlying property vendor's 10% Net Profit's Interest ("NPI").

On October 21, 2006, Tyler executed final agreements with the Initial Property Vendor to recognize Tyler's 100% rights in the Bahuerachi 1 and 2 claims, pursuant to fulfillment of all of its earn-in obligations as outlined in the original option and earn-in agreements on the Bahuerachi Property. In addition, the Company elected to convert the underlying property vendor's residual 5% property interest into a 10% NPI which was purchased by Tyler for US$700,000. The Bahuerachi project, including the Bahuerachi deposit as outlined by the initial resource estimate released by Tyler on September 25th, 2006, currently consists of 6, 100% owned mineral concessions for a total area of approximately 6,488 hectares.

About Tyler

Tyler Resources is a junior exploration company focused on base and precious metals exploration in Mexico. Tyler's primary project is the Bahuerachi property, which hosts Mexico's fourth largest mineralized porphyry system. The Company is now in the advanced stage of a 35,000 meter combined diamond and reverse circulation drilling program scheduled to be completed during 2006, making it one of the most active Canadian junior exploration companies operating in Mexico.

Jean Pierre Jutras, President/CEO/Director

Cautionary language:

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Tyler's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Tyler. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Tyler's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Tyler's filings with the Canadian securities authorities. Accordingly, holders of Tyler shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Tyler disclaims any responsibility to update these forward-looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

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