TYLER RESOURCES INC.
TSX VENTURE : TYS

TYLER RESOURCES INC.

January 04, 2007 19:24 ET

Tyler Resources Samples 4,720 g/t Silver '4.72 kg/t' and 30 Meters Grading 2.5% Zinc, 0.39% Copper and 7.1 g/t Silver In New Surface Discoveries at Bahuerachi

CALGARY, ALBERTA--(CCNMatthews - Jan. 4, 2007) - Tyler Resources Inc. (TSX VENTURE:TYS) is pleased to announce results from continuing surface work at Bahuerachi. This work aims to build on the main Bahuerachi Deposit by discovering additional mineral deposits that could be accretive in value to a potential bulk tonnage, open pit style operation at the already identified Main Zone.

Surface work has identified two new significant areas of mineralization on the property and peripheral to the Main Zone deposit. At Mina Valencia (see map), a series of small mostly collapsed and partly covered historical adit returned high grade silver in poorly exposed quartz veins. These are located approximately 2.5 km north of the known Bahuerachi porphyry complex, and justify further surface work due to the high grade nature of the mineralization (4.72 kg/t silver in mine dumps).

In the north part of the property, in an area called Cerro Prieto/Silica Hill, widespread high grade zinc +/- copper, and silver mineralization has been discovered by surface sampling over an area of some 250 meters by 50 meters (Silica Hill), with regional spot high grades results covering an area of roughly 1.3 km by 1.0 km. Mineralization in this widespread area is found in skarns, as well as marble breccias and zones of intense silicification cutting across different lithological units. Assays to date, with numerous results outstanding from sampling conducted before year-end, outline a potentially significant new mineralized area located roughly 5 km from the current Bahuerachi Deposit. This area will see more surface work in the coming months, as development style drilling continues on the Main Bahuerachi Deposit.

The table below highlights some of the new sampling results, which are displayed on the attached property location map.



Significant Surface Intervals - New Areas

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Sample Interval Copper Gold
Area Type (m) (%) (g/t)
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Mina Valencia grab - trace -
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Mina Valencia chip 1 - 0.04
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Silica Hill/
Cerro Prieto Chips 30 0.39 -
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Chips 5.5 0.17 -
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Chips 4.5 0.47 -
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Chips 1.3 4.0 -
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Chips 12.5 0.15 -
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Float - 0.32 -
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Silver Lead Zinc Comments
Area (g/t) (%) (%)
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Mina Valencia 4,720 10.1 - Mine dump
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Chip across
Mina Valencia 25.8 0.2 - quartz vein
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Silica Hill/ Continuous
Cerro Prieto 7.1 - 2.5 chip samples
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9.8 - 8.25 Continuous chips
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14.7 - 0.79 Continuous chips
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39 - 0.9 Continuous chips
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9 - 0.39 Continuous chips
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Grab sample of
22 2.55 3.55 float material
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Field Update

Drilling is set to resume after the Christmas break with the camp reopening on January 9, 2007 and drilling commencing on January 12-23, 2007.

Assay results currently outstanding include drill holes RC-63, 64, 65, 66, 67, 68, 69, 70 and core holes BAH 103, 105, 106, 107, 108 and 109 (partial).

Other

Tyler has also granted under its 2006 Stock Option Plan, options for 1,615,000 common shares at an exercise price of $0.50 per share to its directors, officers, consultants and employees, exercisable for a period of five years commencing on January 4, 2007.

About Tyler

Tyler Resources is a Canadian 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 known mineralized porphyry system. The Company is now in the advanced stage of a 35,000 meter combined diamond and reverse circulation drilling program extending into 2007, making it one of the most active Canadian junior exploration companies operating in Mexico.

All assay work was performed by ICP at ALS-Chemex labs of Vancouver, with gold done using standard fire assay methods. All samples sent to the lab are sealed with security tags for delivery to ALS-Chemex. Duplicate samples as well as standards and blanks are inserted in each batch of samples delivered to the laboratory and then checked to ensure proper quality assurance and quality control (QA/QC).

The Qualified Person responsible for the design and implementation of the Field Program as well as the preparation of this news release was J. P. Jutras, P.Geol., and President of the Company. The work program is being carried out with the participation of Dr. Shane William Ebert, Ph.D, P.Geo, Vice President and Director, Dustin Rainey, B.Sc Geology, Grant Couture, M.Sc Geology, Paul Turnbull, B.Sc, P.Geol and Cornell McDowell, B.Sc Geology, consultants to the Company.

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.

Contact Information

  • Tyler Resources Inc.
    Jean Pierre Jutras
    President/CEO/Director
    (403) 269-6753
    (403) 266-2606 (FAX)
    Website: www.tylerresources.com