TIEX - COMMENCES EXPLORATION ON ITS QUESNEL TROUGH PROPERTY, CENTRAL BRITISH COLUMBIA, CANADA
KELOWNA, BC, June 27, 2011 /PRNewswire/ - Tiex Inc. ("Tiex" or the "Company") (TSX-V: TIX) is pleased to announce that the Company has started the 2011 exploration season on its Quesnel Trough Property in this historic mining area of central British Columbia.
Tiex has started a multi-faceted exploration program on its Gold Creek, Cedar-Louis and Horsefly Properties. Field work during the summer will consist of geological mapping, prospecting, geochemical soil sampling and induced-polarization surveys which will set up the drilling phase of the 2011 program in the fall of 2011. The fall drilling program will test the extents of known gold mineralization and numerous geophysical, geochemical and geological targets developed on the Gold Creek Property and test the porphyry copper-gold Viewland Project on the Horsefly Property.
Stephen Wetherup, BSc. P.Geo the qualified person as defined by National Instrument 43-101 is responsible for the technical information provided in this release.
About Tiex Inc:
Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 95,559 hectare Cariboo Goldfields Project, (including the earn-in option/joint venture agreement with Newmont Canada Corporation announced in the Company's April 27, 2011 news release) located in the historic Quesnel Trough area of central British Columbia, Canada. The property is accessible by highway and logging roads year round. For more information, you can visit the company's website at www.tiexinc.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Kenneth D. Faulkner"
President & CEO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE TIEX Inc.
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