KELOWNA, BC, March 31 /PRNewswire/ - Tiex Inc. ("Tiex" or the "Company") (TSXV: TIX) is pleased to announce that the analysis of the Company's 3,059 line kilometers of helicopter-borne DIGHEM frequency domain electromagnetic and magnetic surveys is progressing well. The contractor, Fugro Airborne Surveys Corp. of Mississauga, Ontario, has reported that flight paths and magnetic survey for all four blocks of mineral tenures outlined in the Company's March 11, 2011 news release have been finalized. At present the contractor's geophysicist has started working on the electromagnetic survey leveling and interpretation. It is anticipated that the preliminary analysis of the complete project will be available to the Company before the end of April, 2011.
Once the preliminary analysis of the airborne surveys consisting of these four main blocks of mineral tenures is available to the Company, Stephen Wetherup of Caracle Creek International Consulting Inc. with be able to complete the selections of drill targets in these areas and develop work programs for each area. The full area map of these airborne surveys can be viewed on the Company's website, www.tiexinc.com under Properties, 2011 Airborne Survey.
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 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
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE TIEX Inc.