TXX Tirex Resources Ltd.

Tirex Resources Ltd. (TSX VENTURE:TXX)(OTCQX:TIRXF) ("Tirex" or the "Company")
is very pleased to announce that it has received official notification from
Albania's Ministry of Economy, Trade and Energy ("METE") relating to its
applications to transition six specific areas in the Mirdita VMS District from
exploration licenses into 25 year exploitation (mining) licenses. 


METE has ruled, in respect of Tirex application numbers LC-9817-08-2011,
LC-9820-08-2011, LC-9822-08-2011, LC-9818-2011, LC-9821-2011 and LC-9819-08-2011
which encompass the deposits known as Fushe Arrez, Qafe Bari, Tuc, Paluce, Gurth
1 and Gurth 2 (Central Gurthi and Koshaj), Gurth 3 and Letitna (South Gurthi and
Letitna), to immediately effect the conversion of the exploration licenses to
exploitation licenses. 


Tirex is pleased that METE, after a careful and detailed review of Tirex's
exploitation license applications, has ordered the immediate issuance of all of
the Tirex license applications, as applied for. Tirex received official
notification of this via Protocol No. 9334, signed and sealed by the Republic of
Albania's Deputy Prime Minister and Minister of Economy, Trade and Energy,
Minister Edmond Haxhinasto. 


Tirex sincerely thanks the Republic of Albania and METE for their detailed
review of the Tirex mining applications and the decision to approve and order
exploitation licensing in all six areas as applied for. 


Mining operations in these six areas is expected to create significant
employment, infrastructure growth and economic development in northern Albania. 


Tirex has invested USD $25 million into its exploration of the Mirdita District.
Today's news represents the first conversion of exploration licenses in Albania
into exploitation licenses in the Albanian copper, gold, silver, and zinc
industry under current Mining Law. Tirex serves as an example of the fact that
the Republic of Albania welcomes the investment of risk capital in the mining
sector and demonstrates that companies are able to transition from exploration
into production licensing within the regulatory framework. 


Tirex Chief Executive Officer, Bryan J. Slusarchuk, states, "This is a
significant day not only for Tirex shareholders but also for the local
communities in northern Albania that will benefit from this decision to grant
all six mining licenses to Tirex, as applied for. During the 14 month process
since Tirex first applied for licenses, the Company was very fortunate to
receive the unanimous support of the communities near the Company's operations.
This is in part due to the significant employment and economic growth that will
be created due to this license approval and also due to Tirex's close
relationships and integration with the communities, and the Company's ongoing
emphasis on the highest international standards in terms of environment, safety,
and community." 


Tirex has a Partnership Agreement relating to production from these six areas,
through which the Company can fast track into production without corresponding
share dilution (see Tirex News Release dated September 6th, 2011). Initially,
the Partnership is targeting 500tpd of production with a target to ramp up to
2000tpd of production by Month 24. Mill capacity is currently available for the
first phase, with the mill fully constructed and operational. The initial
production profile will consist of copper, gold and silver. It is anticipated
that production will commence initially in Tirex's Tuc deposit area via a
trackless mining system, utilizing transverse long hole sublevel retreat mining
method which is currently in use at BerAlb's Lak Roshi Mine. Tuc contains
2,350,366 tonnes of 1.46% Copper(i) according to historical remaining
uncategorized resource estimates (Albanian Geological Survey circa 1991) but is
reported to remain open for expansion as the deposit area has never been drilled
from underground set ups. Ground geophysics, surface and underground drilling
and borehole (EM) geophysics will be utilized to define and expand the resource
size in compliance with NI43-101 methods at this deposit area as mine production
commences. 


In addition to targeting production at six specific areas of Mirdita, Tirex
intends to explore other areas of the District, targeting new potentially
economic discoveries. The Tirex technical team, based on historical data
compilation and extensive exploration work to date, believes the District is
highly prospective for new discoveries. Select Tirex assay results to date in
the Mirdita District as reported in previous Tirex news releases include core
length intercepts of 65m of 0.6% Cu, 9.0% Zn, 48.4 g/t Ag and 2.7 g/t Au
(Koshaj); 7.7m of 5.23% Cu, 1.84% Zn, 57.0 g/t Ag and 4.6 g/t Au (Gurthi); 19.3m
of 3.66% Cu, 1.13% Zn, 8.3 g/t Ag and 1.2 g/t Au (Gurthi); and 46m of 0.7% Cu,
2.68% Zn, 20.8g/t Ag and 1.6 g/t Au (Letitna). In addition to work done in the
six areas now approved to transition into mine production, Tirex has in excess
of 40 high priority geophysical targets in the exploration permit application
and has prioritized areas with high silica rhyolite domes and proximal laterally
equivalent strata that host VMS deposits. Exploration will consist of surface
and borehole geophysical surveys and drilling. With METE's approval now
complete, Tirex will update investors in the coming months as to the Company's
technical strategy on the ground as it advances towards mine production and a
re-commencement of exploration targeting new discoveries. 


Tirex management sincerely appreciates all of the support exhibited by investors
in the Company over the past 14 months, including the European Bank for
Reconstruction and Development ("EBRD"), a major financial backer of Tirex. 


(i)Historical resources referred to are not compliant with NI 43-101 and should
not be relied upon. Tirex has not verified these historical resources and has
not reviewed the assumptions, parameters and methods used to prepare the
historical resource estimate. No Qualified Person has done sufficient work to
classify the historical estimate as current and Tirex is not treating the
historical estimates as current mineral resources or reserves but considers them
important as a guide for future work in the District. Mr. Fred Tejada, P.Geo.,
Tirex President, and a Qualified Person under the meaning of Canadian National
Instrument 43-101, is responsible for the technical content of this news
release. 


On Behalf of Management, 

Bryan J. Slusarchuk, Chief Executive Officer

Forward-Looking Statements. This News Release may contain certain
"forward-looking" statements and information relating to Tirex. Such statements
include but are not limited to statements about the exploitation licenses, the
Partnership Agreement, the production arrangements and the timing of mine
development, and production. Often forward-looking statements or information
include words such as "plans", expects", "intends", "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
are considered to be reasonable, as well as assumptions made by and information
currently available to Tirex management, there is no assurance that the
forward-looking statements or information will prove to be accurate. 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, feasibility
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 may
vary materially from the forward-looking statements and information 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tirex Resources Ltd.
Bryan J. Slusarchuk
Chief Executive Officer
604-687-7160
604-608-9110 (FAX)
info@TirexResources.com
www.TirexResources.com

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