KELOWNA, BC, June 27, 2011 /CNW/ - 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.
For further information:
Ken D. Faulkner, President & CEO
Telephone: (250) 869 - 1607
Facsimile: (250) 868 - 0798