TIEX - AIRBORNE MAGNETIC SURVEY COMPLETED OVER BULLION CLAIMS IN CARIBOO GOLDFIELDS PROPERTY, CENTRAL BRITISH COLUMBIA, CANADA
KELOWNA, BC, June 9, 2011 /PRNewswire/ - Tiex Inc. ("Tiex" or the "Company") (TSX-V: TIX) is pleased to announce that Newmont Canada Corporation, a subsidiary of Newmont Mining Corp. ("Newmont") has completed an airborne magnetic survey on the Company's Bullion claims that are under an earn-in option/joint venture agreement with Newmont as announced in the Company's news release of April 27, 2011.
The airborne survey covered the Bullion claims under the option agreement and the data is now in the interpretive stage. More details will be released once the data has gone through the first interpretive and quality assurance and quality control checking stage.
Stephen Wetherup, BSc. P.Geo the qualified person as defined by National Instrument 43-101 is responsible for the technical information provided in this release.
About Tiex Inc:
Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 95,559 hectare Cariboo Goldfields Project, (including the earn-in option/joint venture agreement with Newmont announced in the Company's April 27, 2011 news release) located in the historic Quesnel Trough area of central British Columbia, Canada. The property is accessible by highway and logging roads year round. For more information, you can visit the company's website at www.tiexinc.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Kenneth D. Faulkner"
President & CEO