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| December 03, 2009 Tirex Arranges $1.57 Million In Financing With EBRD | |||||
| Tirex continues its intense, District-scale exploration of the 553 square kilometre Mirdita District. Two drills are onsite. One drill focussed on advanced stage definition and expansion drilling of known areas of mineralization. The second drill, conducting pure exploration to target discovery. The $1.57 million from the European Bank for Reconstruction and Development (EBRD), announced today, will be utilized to continue the advancement of our fundamental objectives at Mirdita. It is wonderful to have a major financial backer such as the EBRD as we conduct the first ever large-scale and modern exploration of Mirdita (for more information about the EBRD, visit www.ebrd.com). We look forward to keeping you posted. We are awaiting assays from multiple holes recently drilled at Letitna and (in addition to the drilling at Letitna), are currently drilling what we categorize as a very high priority exploration hole. Stay tuned. Regards, Bryan Slusarchuk CEO | |||||
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You can view the Previous President's Corner item: Mon Dec 7, 2009, Letitna Drill Hole Location Map You can view the Next President's Corner item: Tue Nov 17, 2009, Letitna Continues to Grow Wtih Latest Strong Assay Results from Tirex You can return to the main President's Corner page, or press the Back button on your browser. |
