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Re:   News Release - Friday, September 11, 2009
      Tiomin Resources Inc. -- Early Warning Report
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TORONTO, ONTARIO -- September 11, 2009 -- On September 8, 2009, Tiomin
Resources Inc. ("Tiomin" or the "Corporation") entered into an
agreement with Freegold Ventures Limited ("Freegold") to increase its
equity interest in Freegold by converting approximately 66% of the
US$2,329,000 bridge loan (the "Outstanding Debt"), including accrued
interest and fees, owed by Freegold to Tiomin into 16,714,773 common
shares of Freegold.

Prior to agreeing to this transaction, Tiomin held 610,000 common
shares of Freegold, representing approximately 0.8% of the outstanding
shares of Freegold. Upon completion of the conversion of the
Outstanding Debt, Tiomin will hold 17,324,773 common shares of
Freegold, representing approximately 19.99% of the outstanding common
shares of Freegold.

The conversion of the Outstanding Debt is a private transaction and
will not take place through the facilities of any stock exchange.
Subject to regulatory approval, the common shares will be issued
pursuant to the securities for debt exemption provided under section
2.14 of National Instrument 45-106 Prospectus and Registration
Exemptions.
 
The inferred consideration for converting the Outstanding Debt into
16,714,773 common shares is Cdn$0.09 per share.

Tiomin is acquiring these securities for investment purposes and may
increase or decrease the investment in these securities depending upon
future market conditions.

Freegold seeks to further explore its 93% owned Golden Summit gold
project outside Fairbanks, Alaska, near the Fort Knox gold mine.
Freegold's other properties include a 100% lease interest in the Rob
gold project near the Pogo gold mine in the Goodpaster Mining District
of Alaska and an exploration agreement with an option to lease the
Vinasale gold project in central Alaska. 

More details regarding Freegold's projects can be obtained by reviewing
its website, www.freegoldventures.com, and its public disclosures
available on SEDAR at www.sedar.com.

About Tiomin Resources Inc.
Tiomin is a mining company traded on The Toronto Stock Exchange with a
focus on the exploration and development of base metals, precious
metals, and titanium mineral sands projects. Tiomin has significant
funds available for its projects, a strong management team, and a very
experienced board.  Tiomin's strategy is clear: to create long term
value by realizing a return on the Company's current projects as well
as seeking an accretive transaction that marries Tiomin's cash with
producing or near-producing assets.

To find out more about Tiomin Resources Inc., please visit the company
website at www.tiomin.com.

For further information on Tiomin please contact:        
Jim O'Neill, VP Corporate Controller and Investor Relations         
E-Mail: joneill@tiomin.com          
Phone: 416-350-3779, ext.  231         
        

Certain of the information contained in this news release constitutes
'forward-looking statements' within the meaning of securities laws. 
Such forward-looking statements, including but not limited to those
with respect to the prices of metals and minerals, estimated future
production and estimated costs of future production involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially different
from any forecast results, performance or achievements expressed or
implied by such forward-looking statements.   Such factors include,
among others, the actual prices of mineral sands, copper and gold, the
actual results of current exploration, development and mining
activities, changes in project parameters as plans continue to be
evaluated, as well as those factors disclosed in the documents of the
Company filed from time to time with the Ontario Securities Commission

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Copyright (c) 2009 TIOMIN RESOURCES INC. (TIO)  All rights reserved.
For more information visit our website at http://www.tiomin.com/ or
send mailto:news@tiomin.com
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