Tirex Resources intersects wide zone of strong mineralization in Mirdita

VANCOUVER, March 3 – Tirex Resources Ltd. on Monday announces assay results from the first drill hole on the company’s Mirdita Project in Albania.
The first drill hole intersected one almost continuous 65 meter mineralized section including intercepts of 0.9 percent Copper, 11.6 percent Zinc, 1.0 percent Lead, 141.6g/t Silver and 5.5g/t Gold over 14.1m including 2.3percent Copper, 34.8percent Zinc, 2.4percent Lead, 376.1g/t Silver, and 14.6g/t Gold over 3.1m, and 0.8percent Copper, 12.5percent Zinc, 13.0g/t Silver and 2.2g/t Gold over 27.5m.
Of special note is the ability of this mineralizing system to generate very high grade mineralization (53.8 percent Zinc was encountered in one intercept of 0.8m) and significant gold values (such as the 14.6g/t Gold over 3.1m).
This first drill hole represents the start of a District-wide drill program at Mirdita, the first target area being Koshaj. Tirex owns a District of projects with the Koshaj Deposit being one of 17 known deposits on the property partially drilled and defined by the Albanian State Mining Company in the past.
It was reported to be a zinc-rich deposit which was not mined because of a lack of zinc processing facilities. This first hole at Koshaj was drilled vertically and was designed to verify historical drill data produced by the State Mining Company in the 1970’s.
Two additional vertical holes are being drilled nearby to provide further verification of historic results reported in government archives, verify the location of these old holes and the deposit, and report results to NI43-101 standards.
Tirex is a company purpose-built to explore and develop the large 344 square kilometer Mirdita Property in Albania, 70 km north of the capital city of Tirana.