Tirex Provides Update on Rehova Geophysical Survey
7
488-1090 West Georgia St. Tel: 604-687-7130 www.tirexresources.com
Vancouver B.C. [email protected]
Canada V6B 1L8 TXX: TSX-V
August 29, 2017 - NR 09-2017
NEWS RELEASE
Tirex Provides Update on Rehova Geophysical Survey
Tirex Resources Ltd. (“Tirex” or “Company”) is pleased to report that the Induced Polarization
(“IP”) and Resistivity geophysics survey had been completed at its Rehova Copper Project in
Albania. The survey was performed by a team lead by Dr. Perparim Alikaj , a known geophysical
consultant and Tirex country representative. The measurements were done on Bregu i Geshtenjes
(B&G) deposit (6 lines) and Rehova-Kanisqel (2 lines) for a total of 8 line kilometers. The depth of
investigation reached down to 400 m eters. The measurements were done using a powerful
IP/Resistivity transmitter , VIP-10000 (10 kW) and a sophisticated receiver, ELREC -Pro, both
manufactured by Iris Instruments, France.
Processing of the field data and interpretation are ongoing but initial results show chargeability
anomalies corresponding to the known mineralization at “B&G” and Kanisqel –Rehova and, of
interest, new anomalies on their flanks and on strike. The Company will provide further update
when processing and interpretation are completed.
The Company is focusing on the B&G area as it contains the bulk of the known mineralization at
Rehova and the adjoining Kanisqel-Rehova deposit as its mineralization is near surface. For historic
data on the mineralized zones please see the Tirex news release dated February 14, 2017.
Funding to enable this survey were advanced by various directors, former directors and
shareholders. As per Tirex’s News Release dated August 3rd, 2017, Tirex has received a cumulative
total of $313,700 in advances from various directors, former directors and shareholders for work on
the company's projects in Albania and for general working capital. These advances to Tirex are
unsecured, are due on demand and bear no interest.
On Behalf of the Company
Mr. Fred Tejada, P.Geo, Chief Executive Officer
Forward-Looking Statements. This Tirex News Release may contain certain "forward -looking" statements
and information relating to Tirex. Such statements include but are not limited to statements about the Award,
the production arrangements and the timing of the mine development, mil l construction and ore production.
Often forward -looking statements or information include words such as "plans", expects", "intends",
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"anticipates", "estimates" "forecasts", or variations of such words and phrases or statements that certain
actions, events or results "may", "could", "would", "might" or will be taken occur or be achieved. Although
forward-looking statements and information contained in this release are based on the beliefs of Tirex
management, which we consider to be reasonable, as well as assumptions made by and information currently
available to Tirex management, there is no assurance that the forward -looking statement or information will
prove to be accurate. The assumptions made include assumptions about Tirex's ability to move forward w ith
the licensing. The forward-looking statements and information contained in this release are subject to current
risks, uncertainties and assumptions related to certain factors including, without limitations, obtaining all
necessary approvals, feasibilit y of mine and plant development, exploration and development risks,
expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic
factors, competitive factors, general economic conditions, relationships with vendors and strategic partners,
governmental regulation and supervision, seasonality, technological change, industry practices, and one-time
events as well as risks, uncertainties and other factors discussed in our quarterly and annual and interim
management's discussion and analysis. Should any one or more of these risks or uncertainties materialize or
change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements
and information may vary materially from those described herein. Accordingly, readers should not place
undue reliance on forward -looking statements and information contained in this release. We undertake no
obligation to update forward-looking statements or information except as required by law.
"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 news
release."