Tirex Receives All Mining Licenses
January 08 2013 - 8:00AM
Marketwired Canada
Tirex Resources Ltd. ("Tirex") (TSX VENTURE:TXX)(OTCQX:TIRXF) -
-- Tirex Receives all six Mining Licenses from National Licensing Center as
previously approved by the Ministry of Environment, Trade and Energy
-- Tirex also receives from the National Licensing Center all the
Environmental Permits as previously approved by the Ministry of
Environment, Forests and Water Administration
-- Tirex has invested more than $25 million in Mirdita to date
Tirex Resources Ltd. is pleased to announce that it has received all the mining
and environmental licenses or permits and all the required documentation from
Albania's National Licensing Centre to allow for mining operations in the six
mining areas.
The licenses received by Tirex are Fushe Arrez: PN-4714-01-2013, Tuc:
PN-4715-01-2013, Paluce: PN-4716-01-2013, Qafe Bari: PN-4717-01-2013, Gurth 1
and Gurth 2 (Central Gurthi and Koshaj): PN-3435-04-2012, Gurth 3 and Letitna
(South Gurthi and Letitna): PN-3436-04-2012.
The mining licenses have been issued to Tirex by the National Licensing Center
based on prior clearance issued by METE for all the previous six exploration
permits to transition to exploitation (mining) as previously announced by Tirex
in Q4 2012.
As part of the permitting process, Tirex applied for and have also received the
Environmental Permits for all the six mining areas from the Ministry of
Environment, Forests and Water Administration that allow for mining operations
to commence.
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. In addition, a feasibility study has not been completed and there is
no certainty the proposed operation will be economically viable. 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.
604-687-7160
604-608-9110 (FAX)
info@TirexResources.com
www.TirexResources.com
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