tirex resources ltd. corporate profile

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Tirex Resources. We don’t simply own a great project…….we own a great DISTRICT of PROJECTS!

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Page 1: Tirex Resources Ltd. Corporate Profile

Tirex Resources. We don’t simply own a great project…….we own a great DISTRICT of PROJECTS!

Page 2: Tirex Resources Ltd. Corporate Profile

Certain statements in the following presentation regarding Tirex Resources’ business

operations may constitute “forward looking statements”. Such statements are not

historical facts, but are predictions about the future, which inherently involve

risks and uncertainties, and these risks and uncertainties could cause our actual

results to differ materially from those contained in the forward looking statement.

George Gorzynski, P.Eng., a Qualified Person under the meaning of Canadian

National Instrument 43-101,is responsible for the technical information in this

presentation.

DISCLAIMER

Page 3: Tirex Resources Ltd. Corporate Profile

CORPORATE SUMMARYCORPORATE SUMMARY

Began trading October 19, 2007 (TSX.V: TXX)

Shares Outstanding: 37,208,285 (20% held by management)

Stock Options: 3,317,000

Other Warrants: NilOther Warrants: Nil

Working Capital: $2,100,000 (as of March 2009) *

Fully Diluted Working Capital: $4,800,000 (approx.)

Last equity financings at $2.75 and $2.10 per shareq y g p

* Please see the financing news from October 9th, 2008 which is intended to

provide for future requirements.provide for future requirements.

Page 4: Tirex Resources Ltd. Corporate Profile

Recent Financing with the EBRD

€6 Million financing

This is the first EVER natural resource investment in Albania

by the EBRD

This is the EBRD’s first EVER exploration financing anywhere

in the world

The financing came after a period of significant due diligence

Financing comes in three tranches as required by Tirex

Tranche 1 has arrived, tranche 2 and 3 have FLOOR

conversion price levels but no CEILING

Favourable terms due to the EBRD’s mandate to assist the

growth of free market economies

Page 5: Tirex Resources Ltd. Corporate Profile

European Bank for Reconstruction and

Development

Established in 1991

Owned by 61 countries and 2 intergovernmental organizations

Rated AAA from Standards & Poors, Aaa from Moody’s and

AAA from Fitch

Subscribed capital of €20 billion

Largest investor in Eastern Europe/Central Asia region

Last year, the EBRD invested €5.1 billion in the region (€7

billion targeted for 2009)

Page 6: Tirex Resources Ltd. Corporate Profile

R. Stuart (Tookie) Angus, LL.B., ChairmanMr. Angus is an independent business advisor to the mining industry. He was formerly Head of the Global Mining Group for Fasken

Martineau. For the past 30 years, Mr. Angus has focused on structuring and financing significant international exploration, development

and mining ventures. More recently, he was Managing Director of Mergers & Acquisitions for Endeavour Financial. Mr. Angus is the former

Chairman of the Board of BC Sugar Refinery Limited, was a Director of First Quantum Minerals until June 2005, was a Director of Canico

Resources Corporation until its takeover by CVRD and was a Director of Bema Gold until its takeover by Kinross Gold. He is presently a

Director of Polaris Minerals Corporation, Plutonic Power Corporation and Chairman of Nevsun Resources.

Bryan Slusarchuk, Chief Executive OfficerMr. Slusarchuk has significant experience financing companies involved in mineral exploration and development. Mr. Slusarchuk was

previously a Senior Investment Advisor at Canaccord Capital Corporation, a premier Canadian investment dealer and prior to that was

Project Development Manager for a private Canadian-based resource company. While Mr. Slusarchuk sits on the Board of several private

and public Canadian corporations, the vast majority of his focus and time is on the management of Tirex Resources and its day-to-day

activities. Mr. Slusarchuk has extensive contacts in Europe and North America and has worked within this network to finance and structure

Canadian and international mineral exploration activities.

George Gorzynski, P. Eng., DirectorMr. Gorzynski is a geologist and an international mineral exploration consultant to the junior exploration industry. His wide-ranging

experience spans over 25 years and has included projects over much of the globe. Mr. Gorzynski is currently a Director of Impact Silver

Corporation, a publicly traded silver producer and exploration company where he was instrumental in identifying, negotiating and

completing the purchase of the Royal Mines of Zacualpan project for the company. Mr. Gorzynski holds a Bachelor of Applied Science

(Honours) from the University of Toronto and a Master of Applied Science from the University of British Columbia. He is a Professional

Engineer registered in the Province of British Columbia.

W.J. (Bill) Weymark, P. Eng., DirectorMr. Weymark has extensive experience at both the Board and Senior Executive levels dealing with strategic planning, corporate

governance, acquisitions, marketing and operations. Until 2007, Mr. Weymark was the President and Chief Executive Officer of Vancouver

Wharves / BCR Marine, a Canadian corporation in the transportation industry that employed more than 1,200 people. Prior to this, Mr.

Weymark was the Vice President and General Manager of the largest open-pit lead-zinc mine in the world, an operation that employed

over 1,000 people. Mr. Weymark is a Professional Engineer and is a member of the Canadian Institute of Mining and Metallurgy, the

American Institute of Mining Engineers and the Association of Professional Engineers of British Columbia, Alberta and Saskatchewan. Mr.

Weymark has a Bachelor of Applied Science in Mining and Mineral Processing Engineering from the University of British Columbia.

.

EXPERIENCED MANAGEMENT TEAM

Page 7: Tirex Resources Ltd. Corporate Profile

Carol Shevlin, Chief Financial Officer Mrs. Shevlin is a Senior Policy Analyst at the Financial Services Commission of Ontario. From 2002 to 2005, she acted as a self-

employed consultant to public companies specializing in risk management and corporate governance. From 1990 to 2002, Mrs.

Shevlin held a variety of management positions with the Office of the Superintendent of Financial Institutions, culminating as a

Senior Director. She was an alternative member of the Board of Directors of the Canadian Deposit Insurance Corporation during

1998-1999. Mrs. Shevlin obtained her designation as a Certified General Accountant in 1979 (Ontario) and holds a Bachelors of Arts

degree from the University of Toronto.

Shoni Bernard, LL.B., Corporate SecretaryMs. Bernard is a member of the Law Society of British Columbia (since July 12, 1983). She obtained a B.Soc. Sc. degree from the

University of Ottawa in 1979 and obtained her LL.B. degree from the University of Ottawa in 1982. Ms. Bernard is an experienced

corporate lawyer with an in-depth knowledge and understanding of the regulatory environment within which public companies

operate. Her focus is on mineral exploration and development companies.

Prof. Perparim Alikaj, Ph.D, Albanian Country ManagerProf. Alikaj is based in Tirana, Albania and is a citizen of both Albania and Canada. Prof. Alikaj is the Head of Geophysics Section,

Department of Earth Sciences at Polytechnic University of Tirana. Prof. Alikaj is also a private consulting geophysicist in mineral

exploration, groundwater exploration and engineering geology. Prof. Alikaj is credited with inventing Real Section IP and Voltage

Domain IP technologies. He has consulted on numerous gold and base metal exploration projects throughout the world including

projects in North America, Central America, South America, Europe, Asia, Africa and Australia. The largest ore deposit discovered

with Real Section IP technology is the San Nicolas deposit with 150 million ton of polymetallic minerals, located at a depth of 200m.

Prof. Alikaj has a Bachelors of Science as a Geophysical Engineer, a Master of Science in Geophysics and a Ph.D in Geophysics

from the Polytechnic University of Tirana. He is a member of the European Association of Geoscientists and Engineers and of the

Canadian Exploration Geophysical Society.

Management Team continued

Page 8: Tirex Resources Ltd. Corporate Profile

Tirex Technical Team

Dr. Allan R. Miller, P.Geo. Chief Geologist

Dr. Miller is a Mineral Deposits Specialist and formerly Mineral Deposits Research Scientist with the Geological Survey of

Canada in charge of region-scale metallogenic and deposit-scale alteration studies in northern Canada. Dr. Miller lends his

considerable expertise to mapping and interpreting the geology and mineralization of the Mirdita District. This work has already

produced some new and innovative interpretations of the VMS deposits of the district, and is generating new target areas for

exploration.

Dr. C. Tucker Barrie, Consulting VMS Expert

Dr. Barrie is a renowned consulting VMS deposit specialist and Adjunct Professor at Laurentian University and at the University

of Windsor (Canada). He has written several landmark papers on VMS deposits and has studied many of the major VMS

districts in the world. He is in high demand internationally for lectures and courses on VMS deposits. He joins Tirex as a

Consulting VMS Expert and will support the Tirex team with his expertise and experience.

Dr. Perparim Alikaj, Head of Albanian Advisory Team

Dr. Alikaj is an internationally recognized geophysicist and is Head of the Geophysics Section, Department of Earth Sciences at

Polytechnic University of Tirana (Albania). Dr. Alikaj is a citizen of both Albania and Canada is credited with inventing Real

Section IP and Voltage Domain IP technologies. He has consulted on numerous exploration projects around the world. The

largest ore deposit discovered with Real Section IP technology is the San Nicolas VMS deposit in Mexico containing 65 million

tonnes of copper, zinc, silver and gold mineral reserves. Dr. Alikaj advises Tirex on both geophysics and coordinates activities

with Albanian authorities.

John Nicholson, P. Geo., Project Manager

Mr. Nicholson has led large and complex exploration projects from the high Arctic to Mexico and South America. He brings to

Mirdita a wealth of experience in project management and logistics along with a strong geological background that ensures the

exploration is carried out effectively and to high professional standards.

Brian Game, P. Geo., Joint Project Manager

Mr. Game is a highly experienced geologist and manages the project when Mr. Nicholson is off site. Mr. Game’s long and varied

career includes project management and exploration projects from Canada to South America including Flin Flon, Manitoba

(Canada), one of the great VMS districts of the world.

Page 9: Tirex Resources Ltd. Corporate Profile

Rapidly Emerging economy

European Union (EU)

membership targeted for

2013

Formal invitation to join

NATO in 2008

Albania is a stable

parliamentary democracy

Population of 3,600,000

Government is eager to

attract and retain foreign

investment and recently

reduced the corporate tax

rate from 20% to 10%

Same stable Mining Law in

place since 1994

ABOUT ALBANIA

Page 10: Tirex Resources Ltd. Corporate Profile

Southern Europe

Excellent Logistics

Supportive government

World Class potential

Underexplored by modern methods

THE SETTING

Page 11: Tirex Resources Ltd. Corporate Profile

Pioneers in a new era of Albanian mineral exploration

Tirex acquired the biggest concession in the country covering

most of the main copper-zinc-gold VMS District

Mirdita is a potentially World Class District with multiple gold-rich

economic deposits

The district has had limited modern exploration

Without modern exploration, the Albanians found 17 historical

deposits, 9 of which went into production

Being the First Mover has its advantages!

THE OPPORTUNITY

Page 12: Tirex Resources Ltd. Corporate Profile

Targeting an Entire District

"Historical data suggests that the Tirex

property has the potential to host a large

VMS base metal district." (NI 43-101

Technical Summary Report, Mirdita Project,

Albania, 2007)

Page 13: Tirex Resources Ltd. Corporate Profile

“VMS…deposits vary from small low grade lenses to world class

deposits that form some of the most valuable aggregates of metal

in the world.” from NI 43-101 Technical Summary Report, Mirdita

Project, Albania, 2007

So what is the potential of the Mirdita Project within this spectrum?

SIZE: The District has large historic production -

over 10 Mtonnes with many additional known deposits

and exploration targets. The potential for size is LARGE.

GRADE: The Mirdita Project has known high grade deposits

MIRDITA PROJECT POTENTIAL

Page 14: Tirex Resources Ltd. Corporate Profile

MIRDITA PROJECT: A large Copper-Zinc-Gold District-scale play

DEPOSIT TYPE: Volcanogenic Massive Sulphides (VMS) similar in

form to great mining districts such as Noranda and Kuroko

THE BLUE SKY POTENTIAL: Development of a World-Class VMS

Mining District with multiple, large, gold-rich economic deposits

PROJECT DESCRIPTION

Page 15: Tirex Resources Ltd. Corporate Profile

Existing infrastructure from

previous mining

Good Access & Extensive

Road Networks

Electrical Power Grid

Short distance to sea port

Short distance to labour pool

Major highway construction

occurring on and near the

property, improving already

favourable logistics

GOOD INFRASTRUCTURE

Page 16: Tirex Resources Ltd. Corporate Profile

In addition to drilling verification

holes in known deposit areas,

Tirex will also be drilling

numerous High Priority but

previously un-drilled

geophysical targets. These are

targets that the company

identified during the Tirex 2007

airborne EM geophysical survey.

As this was the first ever

airborne geophysical survey in

the history of the country, many

of these targets have never

been drill tested and provide

investors with potential

exposure to pure discovery.

Page 17: Tirex Resources Ltd. Corporate Profile

Large New Area Discovered by Tirex in 2008

favourable volcanic host rocks

hidden from previous state run

exploration programs by a thin

limestone cap

this large area has never been

explored using modern methods

Tirex has identified this large new

area through deep penetrating

geophysics, geochemistry and

modern mapping methods

huge new, undrilled potential

drill targets are established for

Spring 2009 in this brand new

area

highly prospective for gold and

silver rich VMS mineralization

Page 18: Tirex Resources Ltd. Corporate Profile

Precious Metals

To date, Tirex has produced outstanding gold and silver assays

Silver was never assayed for in previous Albania state run

programs and gold was assayed for very sporadically and kept a

state secret

The high gold levels in every successful Tirex drill hole thus far

indicates District-scale gold potential

Gold levels have been consistently good over long 50-65m

intercepts, with some exceptionally high grade intercepts over

5-20m lengths

Mirdita is developing into a large District-scale gold and silver

opportunity, previously unknown

Page 19: Tirex Resources Ltd. Corporate Profile

KOSHAJ DEPOSIT - DRILL HOLE MR08-01

FROM TO

CORE

LENGTH

COPPE

R ZINC LEAD

SILVE

R GOLD

(m) (m) (m) (%) (%) (%) (g/t) (g/t)

38.5

103.

5 65.0 0.6 9.0 0.3 48.4 2.7

Including

38.5 42.2 3.7 0.8 16.3 0.9 118.6 8.3

Including

40.4 41.2 0.8 1.4 53.8 2.2 369.6 29.5

Including

52.8 66.9 14.1 0.9 11.6 1.0 141.6 5.5

Including

63.8 66.9 3.1 2.3 34.8 2.4 376.1 14.6

Including

76.0

103.

5 27.5 0.8 12.5 0.1 13.0 2.2

KOSHAJ DEPOSIT - DRILL HOLE MR08-01

FROM TO

CORE

LENGTH COPPER ZINC LEAD SILVER GOLD

(m) (m) (m) (%) (%) (%) (g/t) (g/t)

38.5 103.5 65.0 0.6 9.0 0.3 48.4 2.7

Including

38.5 42.2 3.7 0.8 16.3 0.9 118.6 8.3

Including

40.4 41.2 0.8 1.4 53.8 2.2 369.6 29.5

Including

52.8 66.9 14.1 0.9 11.6 1.0 141.6 5.5

Including

63.8 66.9 3.1 2.3 34.8 2.4 376.1 14.6

Including

76.0 103.5 27.5 0.8 12.5 0.1 13.0 2.2

Hole 1 at Koshaj Intersects 65 Metres of

Mineralization

For True Widths, please refer to Tirex News Releases.

Page 20: Tirex Resources Ltd. Corporate Profile

KOSHAJ DEPOSIT

FROM TO CORE LENGTH COPPERZINC LEAD SILVER GOLD

(m) (m) (m) (%) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-02

74.3134.

6 60.4 1.1 6.7 0.1 17.7 1.6

Including

75.3 78.9 3.7 2.433.2 1.1 172.0 8.6

Including

75.3 75.9 0.7 7.327.3 1.8 310.5 15.1

Including

116.8132.

7 15.9 1.211.4 0.1 15.2 2.0

DRILL HOLE MR08-03

121.6134.

5 12.9 0.5 4.4 0.6 44.5 1.7

Including

121.6124.

1 2.5 0.411.3 2.6 135.0 5.4

Including

132.8134.

5 1.7 2.914.5 0.8 107.4 4.2

Tirex Intersects Further Strong

Mineralization at Mirdita

KOSHAJ DEPOSIT

FROM TO CORE LENGTH COPPER

ZIN

C LEAD SILVER GOLD

(m) (m) (m) (%) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-02

74.3 134.6 60.4 1.1 6.7 0.1 17.7 1.6

Including

75.3 78.9 3.7 2.4 33.2 1.1 172.0 8.6

Including

75.3 75.9 0.7 7.3 27.3 1.8 310.5 15.1

Including

116.8 132.7 15.9 1.2 11.4 0.1 15.2 2.0

DRILL HOLE MR08-03

121.6 134.5 12.9 0.5 4.4 0.6 44.5 1.7

Including

121.6 124.1 2.5 0.4 11.3 2.6 135.0 5.4

Including

132.8 134.5 1.7 2.9 14.5 0.8 107.4 4.2

Page 21: Tirex Resources Ltd. Corporate Profile

KOSHAJ DEPOSIT

FROM TO CORE LENGTH COPPER ZINC SILVER GOLD

(m) (m) (m) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-05

137.9 153.9 16.0 1.0 5.2 11 1.7

Including

145.9 146.9 1.0 1.6 15.2 57 5.1

Including

151.8 152.9 1.1 1.8 18.1 41 4.1

KOSHAJ DEPOSIT

FROM TO CORE LENGTH COPPER ZINC SILVER GOLD

(m) (m) (m) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-05

137.9 153.9 16.0 1.0 5.2 11 1.7

Including

145.9 146.9 1.0 1.6 15.2 57 5.1

Including

151.8 152.9 1.1 1.8 18.1 41 4.1

More Great Results from Hole 4 & 5

DRILL HOLE MR08-04

88.70 124.60 35.9 0.23 3.18 13.9 1.0

Including

88.7 91.6 2.9 0.48 5.42 132.8 4.2

Including

88.7 89.3 0.6 1.01 21.27 612.0 18.0

Including

103.6 124.6 21.0 0.32 4.64 5.1 1.0

Including

103.6 116.6 13.0 0.43 5.26 6.8 1.2

Including

110.6 115.6 5.0 0.48 7.88 5.6 1.3

Page 22: Tirex Resources Ltd. Corporate Profile

KOSHAJ DEPOSIT (continued)FROM TO INTERSECTION COPPER ZINC LEAD SILVER GOLD(m) (m) (m) (%) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-06

152.0 170.9 18.9 0.60 3.43 0.22 20.2 1.1

Including

158.1 163.7 5.6 1.70 6.72 0.02 7.2 1.1

DRILL HOLE MR08-07

163.5185.6

5 22.2 0.29 1.70 0.10 10.1 0.6

Including

163.5 164.1 0.6 1.3911.3

4 0.09 26.7 2.0

Including

179.1 179.7 0.6 5.71 9.15 0.25 144.6 14.1

Koshaj Deposit continued - Hole 6 & 7

KOSHAJ DEPOSIT (continued)

FROM TO INTERSECTION COPPER ZINC LEAD SILVER GOLD

(m) (m) (m) (%) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-06

152.0 170.9 18.9 0.60 3.43 0.22 20.2 1.1

Including

158.1 163.7 5.6 1.70 6.72 0.02 7.2 1.1

DRILL HOLE MR08-07

163.5 185.65 22.2 0.29 1.70 0.10 10.1 0.6

Including

163.5 164.1 0.6 1.39 11.34 0.09 26.7 2.0

Including

179.1 179.7 0.6 5.71 9.15 0.25 144.6 14.1

Page 23: Tirex Resources Ltd. Corporate Profile

KOSHAJ DEPOSIT (continued)FROM TO INTERSECTION COPPER ZINC LEAD SILVER GOLD(m) (m) (m) (%) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-06

152.0 170.9 18.9 0.60 3.43 0.22 20.2 1.1

Including

158.1 163.7 5.6 1.70 6.72 0.02 7.2 1.1

DRILL HOLE MR08-07

163.5185.6

5 22.2 0.29 1.70 0.10 10.1 0.6

Including

163.5 164.1 0.6 1.3911.3

4 0.09 26.7 2.0

Including

179.1 179.7 0.6 5.71 9.15 0.25 144.6 14.1

Gurthi South No. 2 – First Drillholes

GURTHI SOUTH No. 2

FROM TO ESTIMATED TW COPPER ZINC SILVER GOLD

(m) (m) (m) (%) (%) (g/t) (g/t)

DRILL HOLE MR08-16

125.4 139.2 13.9 3.5 0.6 7.5 1.3

Including

126.3 129.9 3.7 10.6 0.2 6.5 2.9

Including

126.3 127.4 1.1 13.6 0.2 11.5 7.4

DRILL HOLE MR08-25

120.0 127.1 7.1 5.9 0.7 37.5 3.4

Including

122.0 126.7 4.7 7.0 0.7 40.8 3.9

Including

126.1 126.7 0.6 12.8 0.2 24.6 4.9

Page 24: Tirex Resources Ltd. Corporate Profile

High Grade

Gurthi South No.

2 Open for

Expansion

Page 25: Tirex Resources Ltd. Corporate Profile

KOSHAJ DEPOSIT - DRILL HOLE MR08-01

FROM TO

CORE

LENGTH

COPPE

R ZINC LEAD

SILVE

R GOLD

(m) (m) (m) (%) (%) (%) (g/t) (g/t)

38.5

103.

5 65.0 0.6 9.0 0.3 48.4 2.7

Including

38.5 42.2 3.7 0.8 16.3 0.9 118.6 8.3

Including

40.4 41.2 0.8 1.4 53.8 2.2 369.6 29.5

Including

52.8 66.9 14.1 0.9 11.6 1.0 141.6 5.5

Including

63.8 66.9 3.1 2.3 34.8 2.4 376.1 14.6

Including

76.0

103.

5 27.5 0.8 12.5 0.1 13.0 2.2

News Flow is Consistent as Exploration

Ramps Up at Mirdita February 18, 2009… Tirex Intersects Significant Gold Grades and High Grade Copper at Mirdita

January 13, 2009…. Tirex Resources First Hole in New Zone Intersects 61.5m (202ft) of Mineralization including strong gold,….

November 06, 2008…. Tirex Resources Intersects 7.1m (23.3 ft) of 5.9% copper, 3.4g/t gold and 37.5 G/T silver at Mirdita

October 23, 2008… Tirex Resources intersects high grade mineralization in new zone at Mirdita

October 9, 2008… Tirex Arranges € 6 million Financing with European Bank for Reconstruction and Development

September 10, 2008… Tirex Commences Drilling of New and Previously Unexplored Old Man Mountain Anomaly at Mirdita

August 20, 2008… Tirex Resources Identifies Large New Prospective VMS Areas at Mirdita

July 14, 2008… Tirex Resources Expands Koshaj Deposit at Mirdita

July 9, 2008… Tirex Resources Commences Drilling of Large Historic Mine Area at Mirdita

June 16, 2008… Tirex Resources Adds 3rd Drill to Mirdita Project

June 12, 2008… Tirex Intersects 16.0m of 1% Cu, 5.2% Zn, 11 g/t Ag and 1.7 g/t Au

May 23, 2008… Tirex Resources Arranges Additional Financing

May 22, 2008… Tirex Resources Arranges Financing

May 15, 2008… Dr. C. Tucker Barrie Joins Dr. Allan R Miller’s Strong Technical Team at Mirdita

May 08, 2008… Tirex Resources Begins Drilling Gurthi South

May 01, 2008… Tirex Resources Intersects 60 Metres of Strong Mineralization at Mirdita

April 01, 2008… Tirex Resources Update: Assays Pending and Second Drill Now Working at Mirdita

March 06, 2008 … Tirex Announces Arrival of 2nd Drill in Albania

March 03, 2008 … Tirex Announces Assay Results from First Drill hole at Mirdita

February 13, 2008 … Tirex Intersects Mineralization on First Drill Hole, Assays to Follow

January 28, 2008 … Tirex Resources Announces Start of Drilling in Albania

January 14, 2008 … Tirex Resources Announces Arrival of Drill in Albania

Page 26: Tirex Resources Ltd. Corporate Profile

1950-1992: State run exploration by Soviet, Chinese and

Albanians discovered most of the known deposits

Mined over 10 million tonnes of copper-bearing rock of

unspecified grade from areas on and near the property

Zinc not mined despite high grades due to a lack of processing

facilities. Gold production kept a state secret

Only limited modern exploration

Early 2007, Tirex flew the first airborne electromagnetic survey

in Albania and identified 102 geophysical anomalies, most

previously undrilled

RICH MINING HISTORY

Page 27: Tirex Resources Ltd. Corporate Profile

Base Camp Now Constructed, Close

to Initial Drill Sites

Page 28: Tirex Resources Ltd. Corporate Profile

Three Drills Now Turning!

Page 29: Tirex Resources Ltd. Corporate Profile

MUNELLE – GURTHI AREA

NORTHERN MIRDITA PROPERTY

Page 30: Tirex Resources Ltd. Corporate Profile

EXPLORATION

Phase 1 drilling at Koshaj and at Gurthi South No. 2 is complete. Very

high grade, gold-rich VMS was encountered in Phase 1. Phase 2 is now

planned to further define and expand these zones.

First hole at Letitna encountered 61.5m (true width) of strong

mineralization. Multiple holes planned to follow up on this excellent

intersection in Phase 2.

Multiple holes are planned to test previously undrilled geophysical

anomalies, with the opportunity for discovery during Phase 2.

Ground geophysical work is ongoing

Major growth planned through the exploration of known deposits and

high priority exploration targets

FUTURE PLANS

Page 31: Tirex Resources Ltd. Corporate Profile

CORPORATE

Strong administrative and technical teams in place in both

Canada and Albania

Board of Directors with a history of significant wealth creation in

the exploration and development space

Strong financial backing by the EBRD, important in these

turbulent times

Company is well funded to execute exploration plans with a major

financial backer in place

Page 32: Tirex Resources Ltd. Corporate Profile

An entire under-explored VMS District with World Class

potential in southern Europe

Previously unknown strong gold and silver component to

District now discovered

Strong administrative and marketing teams in place in both

North America and Europe

Veteran technical team on the project utilizing state-of-the-art

exploration technology

Strong gold prices

SUMMARY

A CONFLUENCE OF OPPORTUNITIES

Page 33: Tirex Resources Ltd. Corporate Profile

Thank you!

Tirex Resources Ltd.

5052 Victoria Drive, Vancouver, BC, V5P 3T8

T: 604-687-7160 F: 604-687-7165

www.tirexresources.com

[email protected]