Hello Everybody,
With an intense ramp up about to start onsite at Mirdita, I provide a very short overview of our plan of action over the coming weeks and months.
The drill program, moving forward, will be a combination of very advanced stage definition and expansion drilling in known areas of mineralization alongside of discovery-focused exploration in undrilled areas of the property that have been prioritized as top priority exploration targets.
We are fortunate as we ramp up, in that the recently announced $3m financing provides not only $3m but also provides matching funds under the terms of our agreement with the European Bank for Reconstruction and Development (www.EBRD.com).
Advanced stage work planned from now until the end of 2009 includes;
� drilling to expand and define the high grade zinc, gold and silver rich Koshaj zone
� drilling to expand and define the high grade copper and gold rich South Gurthi No. 2 zone
� drilling with a goal of defining very large tonnage in the Letitna area. Letitna hosts a very wide zone of mineralization, is wide open for expansion in every direction, has significant size potential and assays to date have included high grade copper, zinc, gold and silver values
Exploration stage work planned from now until the end of 2009 includes the drilling of multiple targets where significant field work was completed in 2008. These areas include but are not limited to;
� South of Munelle. This is a high priority target area. Previous state-run exploration was hampered here due to old drilling technology used and the corresponding lack of ability to effectively penetrate a melange unit that overlays the favourable volcanic host rocks.
� East Slope Trend. Tirex has multiple drill targets on the East Slope Trend, a new trend that was identified by Tirex through flying the first ever airborne geophysical survey in the country's history. This trend was the focus of intense field work in 2008, as Tirex prioritized multiple high priority drill targets in the area.
Therefore, in addition to continued advanced stage work, Tirex will soon provide investors with exposure to discovery upside potential which has been built upon through the extensive field work completed to date.
We look forward to keeping you all posted as we ramp up drilling in the Mirdita District, which was recently expanded, in size, by 57% via a major land acquisition.
Regards,
Bryan Slusarchuk
CEO
www.tirexresources.com
http://twitter.com/tirexresources
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